Cantor Fitzgerald Has Positive View of UBER FY2025 Earnings

Uber Technologies, Inc. (NYSE:UBER) – Investment analysts at Cantor Fitzgerald lifted their FY2025 earnings per share estimates for shares of Uber Technologies in a report issued on Wednesday, November 5th. Cantor Fitzgerald analyst D. Mathivanan now forecasts that the ride-sharing company will post earnings of $5.04 per share for the year, up from their prior estimate of $2.78. Cantor Fitzgerald has a “Overweight” rating and a $108.00 price objective on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share.

Other equities analysts have also recently issued reports about the stock. DA Davidson upped their price target on shares of Uber Technologies from $102.00 to $108.00 and gave the stock a “buy” rating in a research note on Wednesday. Wedbush decreased their price objective on shares of Uber Technologies from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Thursday, August 7th. Cowen reaffirmed a “buy” rating on shares of Uber Technologies in a report on Wednesday. KeyCorp lifted their price target on shares of Uber Technologies from $90.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Finally, Wall Street Zen lowered Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $108.26.

Uber Technologies Trading Down 0.5%

NYSE:UBER opened at $92.33 on Friday. The stock has a fifty day moving average price of $95.50 and a two-hundred day moving average price of $90.95. The stock has a market capitalization of $192.55 billion, a price-to-earnings ratio of 11.87 and a beta of 1.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.11 and a current ratio of 1.15. Uber Technologies has a 1 year low of $59.33 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last issued its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The business had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the prior year, the business posted $1.20 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis.

Insider Activity

In other Uber Technologies news, insider Tony West sold 100,000 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $100.38, for a total transaction of $10,038,000.00. Following the sale, the insider owned 171,558 shares in the company, valued at approximately $17,220,992.04. This represents a 36.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Dara Khosrowshahi sold 300,000 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $95.37, for a total value of $28,611,000.00. Following the transaction, the chief executive officer directly owned 1,132,544 shares of the company’s stock, valued at $108,010,721.28. The trade was a 20.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 604,946 shares of company stock worth $58,950,116. 3.84% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Foster Group Inc. raised its position in shares of Uber Technologies by 3.3% in the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after buying an additional 107 shares during the last quarter. Sage Rhino Capital LLC lifted its stake in shares of Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after purchasing an additional 110 shares during the period. Quent Capital LLC lifted its stake in shares of Uber Technologies by 3.3% during the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after purchasing an additional 111 shares during the period. Emergent Wealth Advisors LLC boosted its holdings in shares of Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares during the last quarter. Finally, Dumont & Blake Investment Advisors LLC grew its position in shares of Uber Technologies by 1.3% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock valued at $879,000 after purchasing an additional 115 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.