Needham & Company LLC Reaffirms Buy Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBER)‘s stock had its “buy” rating reiterated by investment analysts at Needham & Company LLC in a report released on Tuesday,Benzinga reports. They currently have a $109.00 price objective on the ride-sharing company’s stock. Needham & Company LLC’s price objective indicates a potential upside of 47.96% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. Piper Sandler set a $107.00 price objective on shares of Uber Technologies in a research note on Wednesday, November 5th. DA Davidson raised their target price on shares of Uber Technologies from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Wells Fargo & Company lifted their price target on shares of Uber Technologies from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $108.00 price objective on shares of Uber Technologies in a research report on Wednesday, October 29th. Finally, BNP Paribas Exane started coverage on Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price on the stock. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $107.41.

Uber Technologies Stock Down 5.5%

UBER opened at $73.67 on Tuesday. Uber Technologies has a one year low of $60.63 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s fifty day moving average is $83.54 and its 200-day moving average is $89.94. The company has a market capitalization of $153.07 billion, a PE ratio of 9.47 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last released its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $13.25 billion. During the same period in the previous year, the company earned $1.20 earnings per share. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. On average, equities analysts predict that Uber Technologies will post 2.54 EPS for the current fiscal year.

Insider Activity

In other news, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 14,875 shares of company stock worth $1,319,130. Company insiders own 3.84% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Institutional investors have recently made changes to their positions in the company. Foster Group Inc. lifted its stake in Uber Technologies by 3.3% in the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 107 shares during the last quarter. Sage Rhino Capital LLC raised its holdings in shares of Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares in the last quarter. Quent Capital LLC lifted its stake in shares of Uber Technologies by 3.3% in the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after purchasing an additional 111 shares during the last quarter. Advisors Capital Management LLC boosted its holdings in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares in the last quarter. Finally, Emergent Wealth Advisors LLC increased its position in Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Roundup

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

• Positive Sentiment: Q4 revenue, bookings and user growth were strong — revenue rose ~20% and gross bookings topped estimates, with active users and trips reaching record levels, and the company generated materially higher free cash flow. These results support the growth story and buyback/capital-allocation optionality. Company press release
• Positive Sentiment: Autonomous-vehicle (robotaxi) progress and partnerships: management highlighted AV ambition and expansion of robotaxi programs (markets named include Hong Kong, Madrid, Houston, Zurich), which investors view as a multitrillion‑dollar long‑term opportunity that could transform margins over time. Seeking Alpha
• Positive Sentiment: Analyst and institutional support — several firms reaffirmed or raised targets (including upgrades and $100+ targets from Citizens JMP, BTIG and Needham), signaling conviction among some buy‑side and sell‑side investors about upside from growth and cash flow.
• Neutral Sentiment: Management change: Uber promoted Balaji Krishnamurthy to CFO — he’s a vocal robotaxi backer. That underscores continued AV prioritization but raises questions about near‑term margin focus vs. long‑term investment. TechCrunch
• Neutral Sentiment: Mixed analyst tone — some firms reiterated Neutral/Market‑perform ratings citing competitive and AV‑related uncertainty even as others remain constructive; expect divergent analyst calls to keep volatility elevated. Proactive Investors
• Negative Sentiment: Profitability and guidance miss: adjusted EPS for Q4 missed estimates and Uber guided Q1 EPS below consensus (company gave 0.65–0.72 vs. higher Street estimate), citing cheaper ride options and higher taxes that boosted trips but compressed margins — the principal driver of the stock decline. Reuters
• Negative Sentiment: One‑time charges and EPS volatility: investors are focused on an equity‑investment charge and the gap between GAAP and adjusted metrics, which amplified the profit miss and increased short‑term uncertainty. Zacks
• Negative Sentiment: Market reaction: heavy trading and a sizable share sell‑off followed the results and guidance, reflecting investor preference for near‑term profitability over growth/AV optionality right now. Barron’s

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.