Cantor Fitzgerald Reaffirms “Overweight” Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBER)‘s stock had its “overweight” rating reaffirmed by research analysts at Cantor Fitzgerald in a note issued to investors on Thursday, Benzinga reports. They currently have a $90.00 price target on the ride-sharing company’s stock. Cantor Fitzgerald‘s target price would indicate a potential upside of 28.65% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Citizens Jmp reissued a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Wednesday, October 7th. Bank of America dropped their target price on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Needham & Company LLC cut their target price on shares of Uber Technologies from $109.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday. Guggenheim reiterated a “buy” rating and set a $125.00 target price on shares of Uber Technologies in a research note on Friday, October 16th. Finally, Piper Sandler reissued an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $102.49.

Uber Technologies Trading Up 5.0%

Uber Technologies stock opened at $69.95 on Thursday. Uber Technologies has a one year low of $64.04 and a one year high of $95.44. The business’s fifty day moving average is $70.50 and its 200 day moving average is $73.18. The stock has a market capitalization of $142.89 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 6.37 and a beta of 1.33. 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 (NYSE:UBER) last issued its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. The business had revenue of $14.77 billion during the quarter, compared to analyst estimates of $14.66 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. Uber Technologies’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.11 EPS. On average, sell-side analysts predict that Uber Technologies will post 3.20 EPS for the current year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi bought 141,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents a 11.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the sale, the insider directly owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of UBER. Dunhill Financial LLC bought a new stake in Uber Technologies during the second quarter valued at about $28,000. William Mack & Associates Inc. bought a new position in shares of Uber Technologies in the third quarter worth about $28,000. Elevation Wealth Partners LLC raised its stake in shares of Uber Technologies by 209.8% in the second quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 277 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Uber Technologies during the 2nd quarter valued at about $29,000. Finally, Balance Wealth Partners LLC purchased a new position in shares of Uber Technologies during the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber reported third-quarter gross bookings growth of 20% and non-GAAP EPS of $0.88, slightly above estimates; non-GAAP operating income also rose 38%. The sharp decline in GAAP profit largely reflects unusual investment and tax-related comparisons, rather than a similar drop in core operating performance. Uber Q3 earnings
• Positive Sentiment: Amazon selected Uber Eats as its U.S. restaurant-delivery partner for Prime members. Orders through Amazon’s website and app could expand Uber Eats’ reach, although the financial contribution has not been disclosed. Amazon partnership article
• Neutral Sentiment: Uber is targeting about 700 fully driverless vehicles on its network by year-end and more than 2,000 in 2027, offering a potential long-term growth avenue. However, AI-agent ordering remains negligible so far—504 orders and rides against roughly 320 million weekly transactions. Long-term investor takeaways
• Negative Sentiment: Fourth-quarter adjusted EPS guidance of $0.95–$0.99 falls short of the roughly $1.06 analyst estimate. Driver shortages and higher fuel costs, especially in India and Brazil, are prompting more driver incentives and potentially higher rider prices, which could weigh on growth or margins. Reuters earnings outlook article
• Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, creating a future competitive risk in those markets. Waymo partnership article

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.