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

Uber Technologies, Inc. (NYSE:UBER) shares traded down 2.6% during mid-day trading on Monday after Wolfe Research lowered their price target on the stock from $125.00 to $110.00. Wolfe Research currently has an outperform rating on the stock. Uber Technologies traded as low as $79.57 and last traded at $80.7170. 23,513,158 shares were traded 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 equities research analysts have also recently commented on UBER. Barclays dropped their target price on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Wells Fargo & Company dropped their price objective on Uber Technologies from $125.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Mizuho initiated coverage on Uber Technologies in a research note on Monday, September 29th. They set an “outperform” rating and a $130.00 target price for the company. Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $108.00 price target on shares of Uber Technologies in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.33.

Insider Activity

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 14,875 shares of company stock valued at $1,348,818. Corporate insiders own 3.70% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber unveiled a production‑intent robotaxi developed with Lucid and Nuro, has begun on‑road testing in the San Francisco Bay Area, and plans a commercial launch later this year — advancing a long‑term revenue and cost‑reduction pathway if deployments scale. Lucid, Nuro, Uber debut robotaxi
• Positive Sentiment: Uber renewed / strengthened mapping and location ties with TomTom to integrate maps and live services across its platform — this supports ride/AV routing reliability and reduces technical integration risk for on‑demand and autonomous services. TomTom and Uber strengthen ties
• Neutral Sentiment: Positive media and analyst pieces are painting Uber as a potential robotaxi leader (e.g., 24/7 Wall St., TechCrunch, CNET coverage), which can lift sentiment but may already be priced in given the long runway and capital needs of AV commercialization. Uber Technologies Is the Robotaxi Winner of 2026
• Neutral Sentiment: Recent reports note institutional purchases by smaller managers — incremental buying that supports liquidity but not necessarily a change to the broader sell‑side view. CV Advisors LLC Invests in Uber Technologies
• Negative Sentiment: Melius Research downgraded UBER to Sell with a $73 price target, citing intensified robotaxi competition and valuation risk — analyst downgrades can pressure the stock and trigger short‑term outflows. Uber Stock Is Cut to Sell
• Negative Sentiment: Legal and governance headlines: Uber failed to delay a sexual‑assault trial and could not block related ad campaigns, and a shareholder‑law firm announced an investigation into the board for possible fiduciary lapses around rider safety and driver checks — these raise litigation, reputational and potential financial risks. Uber fails to delay trial

Institutional Investors Weigh In On Uber Technologies

Several hedge funds have recently bought and sold shares of UBER. Norges Bank purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Kingstone Capital Partners Texas LLC grew its stake in Uber Technologies by 334,075.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after purchasing an additional 19,967,705 shares in the last quarter. Pacer Advisors Inc. increased its position in Uber Technologies by 1,905.3% in the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after purchasing an additional 4,133,532 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Uber Technologies by 4,471.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after purchasing an additional 2,901,936 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 5.8%

The firm has a market capitalization of $177.54 billion, a price-to-earnings ratio of 10.98 and a beta of 1.20. The company has a fifty day moving average price of $87.14 and a 200-day moving average price of $91.41. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm’s revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.20 earnings per share. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.