Uber Technologies, Inc. (NYSE:UBER) Receives $107.14 Consensus PT from Analysts

Uber Technologies, Inc. (NYSE:UBER) has been given an average recommendation of “Moderate Buy” by the forty-five brokerages that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, thirty-two have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $107.1842.

UBER has been the subject of a number of research analyst reports. Piper Sandler set a $107.00 price objective on Uber Technologies in a report on Wednesday, November 5th. BMO Capital Markets decreased their target price on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Cowen restated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. BNP Paribas Exane assumed coverage on shares of Uber Technologies in a report on Wednesday. They set an “outperform” rating and a $108.00 price objective for the company. Finally, BNP Paribas assumed coverage on shares of Uber Technologies in a report on Wednesday. They set an “outperform” rating and a $108.00 price objective for the company.

Insider Activity

In other news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the transaction, the insider owned 175,423 shares in the company, valued at $14,096,992.28. This trade represents a 1.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 in the last ninety days. Insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of large investors have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter worth $25,000. Kilter Group LLC acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at about $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies during the 3rd quarter worth approximately $27,000. West Oak Capital LLC acquired a new position in Uber Technologies during the second quarter worth $28,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Uber Technologies in the second quarter valued at approximately $30,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

UBER stock opened at $84.41 on Friday. Uber Technologies has a 52-week low of $60.63 and a 52-week high of $101.99. The stock’s fifty day simple moving average is $85.74 and its 200-day simple moving average is $91.15. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $175.38 billion, a price-to-earnings ratio of 10.85 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business’s revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.20 EPS. Equities research analysts expect that Uber Technologies will post 2.54 EPS for the current year.

More Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Large distribution boost from Kroger partnership expands grocery reach (adds ~2,700 Kroger stores to Uber, Uber Eats and Postmates), directly supporting delivery growth and revenue diversification. Kroger Launches Fast, Convenient Delivery on Uber Apps Nationwide
• Positive Sentiment: New and reaffirmed analyst support: BNP Paribas Exane started coverage with an “outperform” and $108 PT, and BTIG reaffirmed a Buy with $100 PT — these increase buy-side interest and signal upside from current levels. BNP Paribas Exane Begins Coverage on Uber Technologies (NYSE:UBER)
• Positive Sentiment: Positive earnings momentum and delivery acceleration narratives are prompting “buy the dip” takes and valuation-focused coverage highlighting long-term growth potential in delivery and new tech adoption. Uber: Buy The Dip As Delivery Services Accelerate
• Positive Sentiment: International demand tailwinds — WeChat partnership is driving higher usage from Chinese tourists overseas, supporting cross-border growth and marketplace utilization. Uber’s WeChat tie-up pays off as demand from Chinese tourists rises overseas
• Neutral Sentiment: Analyst consensus and price-target dispersion: several outlets note a meaningful average upside (~31% per some coverage), which keeps investor attention but also highlights varied views across brokers. Wall Street Analysts Believe Uber (UBER) Could Rally 31.3%: Here’s is How to Trade
• Neutral Sentiment: Investor letters and hedge fund commentary label Uber a “battleground” — signals active ownership and potential for positioning but not an immediate directional catalyst. L1 Capital International Strategy: Uber (UBER) is a ‘Battleground’ Company
• Negative Sentiment: PR/ballot initiative controversy: an LA Times column accuses Uber’s proposed ballot measure of prioritizing company costs over consumer interests — reputational and regulatory risks that can pressure valuation. Hiltzik: Uber’s trying to snow voters with a supposedly pro-consumer ballot initiative. Don’t buy it
• Negative Sentiment: Driver-pay/legal headwinds: NYC alleges DoorDash and Uber cost drivers $550M in tips — ongoing regulatory and legal scrutiny could increase costs, settlements or operational constraints. DoorDash, Uber Drivers Stiffed on $550 Million in Tips, NYC Says
• Negative Sentiment: Some sell-side pressure: Cantor Fitzgerald trimmed its price target recently — a reminder that not all analysts are raising targets, which can temper upside near-term. This is What The Street Thinks About Uber Technologies (UBER)

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.