Brokerages Set Uber Technologies, Inc. (NYSE:UBER) Target Price at $103.03

Shares of Uber Technologies, Inc. (NYSE:UBER) have earned an average rating of “Moderate Buy” from the forty-three brokerages that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, thirty-four have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $103.0263.

A number of equities analysts recently weighed in on the stock. KeyCorp reduced their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. BMO Capital Markets set a $119.00 price target on Uber Technologies in a report on Thursday, September 3rd. Wells Fargo & Company reiterated an “overweight” rating on shares of Uber Technologies in a report on Wednesday, September 2nd. Rosenblatt Securities assumed coverage on Uber Technologies in a research report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 target price on the stock. Finally, The Goldman Sachs Group set a $100.00 price target on shares of Uber Technologies in a research note on Monday, June 29th.

Insider Activity

In related news, insider Jill Hazelbaker sold 28,170 shares of Uber Technologies stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $71.31, for a total value of $2,008,802.70. Following the sale, the insider owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Andrew Macdonald bought 70,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the acquisition, the insider directly owned 426,320 shares of the company’s stock, valued at $32,327,845.60. This represents a 19.65% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by corporate insiders.

Institutional Trading of Uber Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Wellington Altus USA Inc. boosted its stake in shares of Uber Technologies by 65.0% during the 2nd quarter. Wellington Altus USA Inc. now owns 2,039 shares of the ride-sharing company’s stock worth $147,000 after acquiring an additional 803 shares during the period. Anchor Investment Management LLC raised its stake in Uber Technologies by 57.2% in the 2nd quarter. Anchor Investment Management LLC now owns 16,339 shares of the ride-sharing company’s stock valued at $1,179,000 after acquiring an additional 5,943 shares during the period. Marathon Wealth Advisors LLC increased its holdings in shares of Uber Technologies by 0.7% in the second quarter. Marathon Wealth Advisors LLC now owns 28,249 shares of the ride-sharing company’s stock valued at $2,038,000 after purchasing an additional 203 shares during the last quarter. IPG Investment Advisors LLC raised its position in shares of Uber Technologies by 14.6% in the second quarter. IPG Investment Advisors LLC now owns 51,434 shares of the ride-sharing company’s stock valued at $3,711,000 after purchasing an additional 6,568 shares during the period. Finally, WINTON GROUP Ltd raised its position in shares of Uber Technologies by 77.9% in the second quarter. WINTON GROUP Ltd now owns 192,400 shares of the ride-sharing company’s stock valued at $13,884,000 after purchasing an additional 84,250 shares during the period. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Up 0.0%

Shares of NYSE UBER opened at $70.52 on Friday. Uber Technologies has a twelve month low of $65.41 and a twelve month high of $101.99. The stock has a market cap of $144.05 billion, a price-to-earnings ratio of 15.50, a P/E/G ratio of 5.74 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The company’s fifty day moving average is $73.70 and its 200-day moving average is $73.52.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts predict that Uber Technologies will post 3.35 EPS for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Nationwide Costco delivery expansion: Uber Eats will provide Costco delivery from nearly 600 locations across 47 states, substantially expanding Uber’s grocery and retail reach. The arrangement could increase order volume, driver utilization and advertising or marketplace revenue, while strengthening Uber’s competition with Instacart. Costco now offers nationwide delivery on Uber and DoorDash
• Positive Sentiment: Insider buying and analyst support: Recent reports highlight Uber insiders purchasing shares, while the company retains a consensus “Moderate Buy” rating. These signals may provide some confidence that management and analysts view the recent weakness as an attractive entry point. These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
• Neutral Sentiment: Strategic expansion continues: Uber is expanding its autonomous-vehicle partnership with WeRide in Madrid and has reportedly cleared a key hurdle related to its proposed $15 billion Delivery Hero transaction. The initiatives could broaden Uber’s long-term platform, although execution, regulatory and integration risks remain. Uber’s Madrid Expansion Adds a Fourth City to Its WeRide Partnership
• Negative Sentiment: $40 million wrongful-death award: A retired California judge ordered Uber to pay the parents of a woman killed after an Uber driver left her on a freeway. Beyond the direct financial cost, the ruling may raise concerns about Uber’s liability for driver conduct and increase scrutiny of its safety policies. Uber to Pay $40 Million to Parents of Woman Fatally Hit by Car
• Negative Sentiment: Workforce and sentiment concerns: Reports that artificial intelligence is handling more customer-support and internal tasks after layoffs could intensify concerns about employee morale, service quality and regulatory scrutiny, while commentary from Jim Cramer has added to cautious investor sentiment. Uber employees say AI is doing more support work

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.