Uber Technologies (NYSE:UBER – Free Report) had its price objective lowered by Rosenblatt Securities from $100.00 to $95.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the ride-sharing company’s stock.
A number of other research analysts have also recently commented on UBER. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. DA Davidson decreased their price objective on Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. Canaccord Genuity Group dropped their price objective on shares of Uber Technologies from $72.00 to $70.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, forty-four have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $101.82.
View Our Latest Research Report on Uber Technologies
Uber Technologies Stock Performance
NYSE UBER opened at $68.78 on Thursday. The company has a fifty day moving average price of $70.30 and a 200-day moving average price of $73.10. The firm has a market cap of $140.48 billion, a price-to-earnings ratio of 40.70, a PEG ratio of 6.68 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.23 and a quick ratio of 0.84. Uber Technologies has a 1 year low of $64.04 and a 1 year high of $95.18.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a return on equity of 21.37% and a net margin of 6.13%. The company had revenue of $14.77 billion during the quarter, compared to the consensus estimate of $14.66 billion. During the same period last year, the business posted $3.11 earnings per share. Uber Technologies’s revenue was up 9.6% on a year-over-year basis. As a group, equities research analysts predict that Uber Technologies will post 3.20 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Andrew Macdonald purchased 70,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was purchased at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. The trade was a 19.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jill Hazelbaker sold 28,170 shares of Uber Technologies stock in a transaction on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.81% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in UBER. Dunhill Financial LLC purchased a new position in Uber Technologies during the second quarter valued at approximately $28,000. William Mack & Associates Inc. bought a new stake in Uber Technologies during the 3rd quarter worth approximately $28,000. Elevation Wealth Partners LLC increased its holdings in Uber Technologies by 209.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock worth $29,000 after acquiring an additional 277 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Uber Technologies in the 2nd quarter worth approximately $29,000. Finally, Balance Wealth Partners LLC purchased a new stake in Uber Technologies in the 3rd quarter worth approximately $29,000. Institutional investors own 80.24% of the company’s stock.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Strong underlying growth and cash flow: Q3 gross bookings rose 20% for a fifth consecutive quarter. Adjusted EPS of $0.88 beat estimates, while non-GAAP operating income climbed 38%; reports also highlighted strong free cash flow. The sharp decline in GAAP net income largely reflects unusual tax and investment-related comparisons, rather than a comparable drop in core operating performance. Uber’s Profit Drop: A Speed Bump or Structural Shift?
- Positive Sentiment: Amazon distribution deal expands Eats reach: U.S. Prime members can order Uber Eats through Amazon’s website or app, with $0 delivery fees on qualifying orders of $25 or more. The partnership could bring Uber Eats more customers and orders. Amazon ditches Grubhub, taps Uber Eats for Prime
- Neutral Sentiment: Analysts remain broadly positive, but trimmed targets: Several firms lowered price targets after results while maintaining Buy or Overweight ratings, indicating continued optimism tempered by near-term execution concerns. Uber Q3 Mobility Miss On High Fuel Prices; Delivery, AV Momentum Intact
- Negative Sentiment: Near-term profit outlook disappointed: Q4 adjusted EPS guidance of $0.95–$0.99 came in below the roughly $1.06 analyst expectation. Mobility bookings and trips were constrained by driver shortages and high fuel costs, particularly in some international markets, with higher driver incentives adding pressure. Uber’s profit forecast disappoints as driver shortages, Middle East conflict hurt
- Negative Sentiment: Longer-term robotaxi competition risk: Waymo plans to end its exclusive Uber arrangement in Austin and Atlanta in January 2028, reducing Uber’s role in booking those rides. Waymo confirms it will split with Uber in January 2028
About Uber Technologies
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.
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