Cantor Fitzgerald Cuts Uber Technologies (NYSE:UBER) Price Target to $90.00

Uber Technologies (NYSE:UBER) had its target price lowered by equities research analysts at Cantor Fitzgerald from $98.00 to $90.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the ride-sharing company’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 31.95% from the stock’s current price.

UBER has been the topic of several other reports. Citizens Jmp reissued a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Royal Bank Of Canada began coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. Finally, Wedbush started coverage on Uber Technologies in a report on Thursday, July 16th. They set an “outperform” rating and a $91.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $105.64.

Uber Technologies Stock Down 5.3%

Shares of Uber Technologies stock opened at $68.21 on Thursday. Uber Technologies has a 12-month low of $65.41 and a 12-month high of $101.99. The firm has a market capitalization of $138.85 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 6.58 and a beta of 1.13. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $71.78 and its 200-day moving average is $73.82.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the company posted $0.60 EPS. Uber Technologies’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts anticipate that Uber Technologies will post 2.99 earnings per share for the current year.

Institutional Investors Weigh In On Uber Technologies

A number of large investors have recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the 3rd quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the fourth quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the third quarter worth about $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter worth about $27,000. Institutional investors own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Strong operating growth and cash generation: Uber reported second-quarter gross bookings of approximately $58.0 billion, up 24% year over year, while trips increased 18% to 3.9 billion and monthly active platform consumers rose 16% to 208 million. Adjusted EBITDA increased 33% to $2.8 billion, operating cash flow reached $2.9 billion, and trailing free cash flow exceeded $10 billion. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Progress on autonomous mobility: Uber and Wayve received approval for supervised robotaxi rides in London, providing a potential path toward commercial autonomous services. Uber is also pursuing partnerships involving Rivian and Lucid, although the initiatives require significant investment. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: AI efficiency could support margins: Uber’s CTO said thousands of engineers now use advanced AI tools and that the company is shifting from maximizing token usage to using AI more efficiently. The CFO also said AI spending was broadly stable as Uber adopted lower-cost models and increased employee oversight of usage. Uber CTO Discusses AI Efficiency
• Neutral Sentiment: Mixed quarterly results: Adjusted EPS of $0.81 narrowly exceeded the $0.80 consensus estimate, but revenue of $14.19 billion was slightly below the $14.24 billion forecast. GAAP diluted EPS was $1.17, helped by investment revaluation gains, making the adjusted figures more relevant for assessing underlying performance. Uber Forecasts Weak Quarterly Profit
• Negative Sentiment: Below-consensus outlook: Uber forecast third-quarter adjusted EPS of $0.84-$0.88, below the $0.89 analyst estimate, and bookings of $58.25-$60.25 billion, with a midpoint slightly below expectations. Foreign-exchange pressure and slower trip growth in Brazil also weighed on the outlook.
• Negative Sentiment: Robotaxi spending raises execution and capital-allocation concerns: Uber plans to invest more than $10 billion in autonomous vehicles over coming years while also funding major acquisitions. Investors are questioning whether the spending could undermine Uber’s historically asset-light model, particularly as Waymo moves toward operating its own app and reduces reliance on Uber. Uber Doubles Down on Robotaxi Plans

About Uber Technologies

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.