Uber Technologies (NYSE:UBER) Stock Rating Reaffirmed as Buy by Guggenheim

Uber Technologies (NYSE:UBER)‘s stock had its “buy” rating reiterated by research analysts at Guggenheim in a research note issued on Friday, Marketbeat.com reports. They presently have a $125.00 price objective on the ride-sharing company’s stock. Guggenheim’s price target would indicate a potential upside of 78.52% from the company’s current price.

Several other analysts have also recently weighed in on UBER. Roth Capital reduced their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Wednesday, October 7th. BTIG Research reissued a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, October 6th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. Finally, UBS Group reissued a “buy” rating on shares of Uber Technologies in a research note on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $103.11.

Uber Technologies Price Performance

NYSE:UBER traded down $1.25 during mid-day trading on Friday, reaching $70.02. The stock had a trading volume of 8,222,419 shares, compared to its average volume of 18,921,816. The stock has a 50-day simple moving average of $73.19 and a two-hundred day simple moving average of $72.91. The stock has a market capitalization of $143.02 billion, a PE ratio of 15.37, a P/E/G ratio of 5.91 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies has a 12 month low of $65.41 and a 12 month high of $100.35.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for 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 company’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts anticipate that Uber Technologies will post 3.20 earnings per share for the current year.

Insider Activity at Uber Technologies

In related news, CEO Dara Khosrowshahi acquired 141,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Andrew Macdonald acquired 70,000 shares of the company’s stock in a transaction dated 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 approximately $32,327,845.60. This trade represents a 19.65% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors have recently made changes to their positions in the stock. Public Investment Fund purchased a new stake in Uber Technologies in the 2nd quarter valued at about $5,256,173,439. Legal & General Group Plc bought a new position in Uber Technologies in the 2nd quarter worth approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Uber Technologies in the 2nd quarter worth approximately $752,151,000. Baird Financial Group Inc. boosted its holdings in Uber Technologies by 64.4% in the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock worth $656,609,000 after buying an additional 3,564,073 shares during the period. Finally, Fundsmith LLP bought a new position in Uber Technologies in the 2nd quarter worth approximately $645,338,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Guggenheim reaffirmed its “Buy” rating and set a $125 price target, implying substantial upside from recent trading levels. The bullish view supports the argument that Uber’s earnings and growth prospects are undervalued. Guggenheim rating report
• Positive Sentiment: Wall Street analysts increasingly expect Uber’s recovery to continue and potentially lead to a new all-time high in 2027. Separate comparisons also highlight Uber’s steadier revenue growth, larger sales base and stronger profitability than Coupang, while valuation commentary describes the stock as inexpensive relative to peers. Wall Street Uber outlook
• Positive Sentiment: Uber has begun a self-driving robotaxi trial in Manchester, providing a potential avenue for future growth and demonstrating progress in autonomous mobility, although the commercial impact remains uncertain. Uber Manchester robotaxi trial
• Neutral Sentiment: Erste Group issued a FY2027 earnings estimate for Uber, but the available report does not provide enough detail to determine whether the revision is bullish or bearish. Erste Group Uber earnings estimate
• Negative Sentiment: Emerald Wealth Partners disclosed that its Growth Equity Strategy exited Uber during the third quarter. While this reflects one manager’s portfolio decision, it may weigh on sentiment by signaling reduced conviction from an institutional investor. Emerald Wealth Partners exit
• Negative Sentiment: Uber settled a sexual-assault lawsuit before trial. The resolution removes some litigation uncertainty, but the case renews concerns about safety, reputation and potential future costs. Uber sexual-assault lawsuit settlement
• Negative Sentiment: Lyft is launching Alcove, a business-travel and chauffeur-focused service, intensifying competition in an attractive segment where Uber operates. Investors are also concerned that robotaxis and weak guidance could pressure Uber’s traditional ride-hailing economics. Lyft Alcove business travel service

Uber Technologies Company Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.