Wells Fargo & Company Lowers Uber Technologies (NYSE:UBER) Price Target to $100.00

Uber Technologies (NYSE:UBER) had its price target decreased by equities research analysts at Wells Fargo & Company from $122.00 to $100.00 in a report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has an “overweight” rating on the ride-sharing company’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 33.69% from the company’s current price.

Other analysts also recently issued research reports about the stock. BNP Paribas Exane started coverage on shares of Uber Technologies in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price target for the company. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Thursday. Susquehanna reissued a “positive” rating and set a $110.00 target price on shares of Uber Technologies in a research report on Wednesday, November 5th. Arete Research set a $125.00 target price on shares of Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Finally, Stifel Nicolaus cut their price target on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.94.

Uber Technologies Stock Performance

Shares of UBER opened at $74.80 on Thursday. Uber Technologies has a one year low of $60.63 and a one year high of $101.99. The company has a market cap of $155.42 billion, a PE ratio of 15.88, a P/E/G ratio of 6.35 and a beta of 1.21. The stock has a 50-day moving average of $83.07 and a 200-day moving average of $89.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 EPS. The firm’s revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities research analysts predict that Uber Technologies will post 2.54 EPS for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s 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 completion of the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 14,875 shares of company stock worth $1,319,130. Insiders own 3.84% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Hedge funds have recently made changes to their positions in the business. Brant Point Investment Management LLC purchased a new position in Uber Technologies in the second quarter valued at approximately $933,000. Spirepoint Private Client LLC raised its stake in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after buying an additional 13,454 shares during the period. Econ Financial Services Corp purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $1,538,000. Munro Partners purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $96,294,000. Finally, Transcendent Capital Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth $1,859,000. 80.24% of the stock is currently owned by institutional investors.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Analysts continue to show support — several firms reaffirmed or upgraded ratings and Citi left a “buy” view (while trimming its PT to $110), keeping sizable upside in street estimates. Read More.
• Positive Sentiment: Large robotaxi expansion with partner WeRide — plan to deploy ~1,200 autonomous robotaxis across Abu Dhabi, Dubai and Riyadh by 2027, reinforcing Uber’s AV growth narrative and long-term TAM. Read More.
• Positive Sentiment: Underlying Q4 business metrics remain strong — revenue and bookings grew ~20% y/y and free cash flow/reported profitability improved, supporting medium‑term fundamentals. Read More.
• Neutral Sentiment: Corporate moves: Uber appointed a new CFO as it accelerates AV and robotaxi investment — operationally important but a longer‑dated catalyst. Read More.
• Negative Sentiment: Legal hit — a jury in Arizona found Uber liable and ordered the company to pay $8.5M in a rape suit; the company faces thousands of similar claims, raising reputational and potential financial exposure. Read More.
• Negative Sentiment: Q4 EPS miss and cautious guidance — Uber missed EPS expectations and set Q1 EPS guidance below consensus, which triggered the post‑earnings selloff despite solid revenue growth. Read More.
• Negative Sentiment: Multiple price‑target trims and mixed analyst notes — several shops lowered targets (JPMorgan, Wells Fargo, Wedbush, Cantor, etc.) or issued neutral/hold stances, increasing near‑term uncertainty. Read More.

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.