Uber Technologies (NYSE:UBER) Stock Price Down 2.6% on Analyst Downgrade

Uber Technologies, Inc. (NYSE:UBER) shares traded down 2.6% during trading on Monday after Melius downgraded the stock from a hold rating to a sell rating. Melius now has a $73.00 price target on the stock. Uber Technologies traded as low as $79.57 and last traded at $80.7170. 23,513,158 shares changed hands during trading, an increase of 29% from the average session volume of 18,285,613 shares. The stock had previously closed at $82.86.

Several other research firms have also issued reports on UBER. Cantor Fitzgerald upped their target price on shares of Uber Technologies from $107.00 to $108.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Wedbush reduced their price objective on shares of Uber Technologies from $84.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. BTIG Research reissued a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, November 4th. Finally, Morgan Stanley cut their target price on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.26.

Insiders Place Their Bets

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the sale, the insider directly owned 175,423 shares of the company’s stock, valued at $14,096,992.28. This represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,875 shares of company stock worth $1,348,818 in the last three months. Insiders own 3.70% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Institutional buying: Two filings report new stakes — Suncoast Equity Management invested roughly $17.33M and CV Advisors also added to positions, signaling confidence from some money managers. Suncoast Equity Management Invests $17.33 Million in Uber Technologies: A Strategic Move? CV Advisors LLC Invests in Uber Technologies: A Strategic Move for Investors
• Positive Sentiment: Bullish analyst/features highlighting growth: Coverage noting Uber can grow scale and profitability together and long‑term upside projections supports a constructive thesis for investors focused on multi-year returns. Why Wall Street Expects This Growth Stock to Soar 84 in 2026
• Neutral Sentiment: Media and strategy pieces debate multi‑year outlook — several articles (The Motley Fool/Yahoo) review where UBER could be in five years, reiterating management’s growth plans but noting competitive risks; useful for long‑term thesis but not immediate catalysts. Where Will Uber Stock Be in 5 Years? Where Will Uber Stock Be in 5 Years?
• Neutral Sentiment: Short TV mention: CNBC’s Halftime Report included UBER in its “calls of the day” discussion — visible publicity but no new data-driven catalyst. Calls of the Day: Uber, Netflix and Disney
• Negative Sentiment: Sell-side downgrade: Melius Research cut UBER to a Sell from Hold and set a $73 price target, explicitly citing intensifying robo‑taxi competition as a threat — this is a headline catalyst that increases selling pressure and signals lower near‑term analyst sentiment. Uber Stock Is Cut to Sell as Robo-Taxi Competition Heats Up
• Negative Sentiment: Shareholder probe into board oversight: Berger Montague PC announced an investigation into Uber’s board over possible breaches related to rider safety and driver background checks — a governance/legal overhang that can keep the stock subdued until outcomes are clearer. Berger Montague PC Investigates Uber Technologies, Inc.’s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)

Hedge Funds Weigh In On Uber Technologies

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

Uber Technologies Price Performance

The firm has a market capitalization of $167.72 billion, a P/E ratio of 10.37 and a beta of 1.20. The firm has a 50-day moving average of $87.66 and a 200-day moving average of $91.42. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the prior year, the company posted $1.20 earnings per share. The company’s quarterly revenue was up 20.4% on a year-over-year basis. As a group, analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.