Wells Fargo & Company Has Lowered Expectations for Uber Technologies (NYSE:UBER) Stock Price

Uber Technologies (NYSE:UBER) had its price target dropped by analysts at Wells Fargo & Company from $100.00 to $95.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the ride-sharing company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 32.09% from the stock’s current price.

A number of other brokerages also recently issued reports on UBER. KeyCorp lowered their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. TD Cowen reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Wednesday, March 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Melius Research set a $73.00 target price on shares of Uber Technologies in a research note on Monday, January 5th. Finally, Wolfe Research cut their price target on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $105.14.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $71.92 on Monday. The stock has a market cap of $146.93 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 6.40 and a beta of 1.22. Uber Technologies has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a fifty day moving average of $74.95 and a 200-day moving average of $84.73.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period last year, the company posted $3.21 EPS. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts anticipate that Uber Technologies will post 2.54 earnings per share for the current year.

Insider Transactions at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Uber Technologies

Institutional investors have recently made changes to their positions in the stock. J. Derek Lewis & Associates Inc. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $326,000. HughesLittle Investment Management Ltd. grew its position in Uber Technologies by 1.8% in the fourth quarter. HughesLittle Investment Management Ltd. now owns 425,413 shares of the ride-sharing company’s stock worth $34,760,000 after acquiring an additional 7,463 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Uber Technologies by 16.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,071,306 shares of the ride-sharing company’s stock worth $250,956,000 after acquiring an additional 434,283 shares in the last quarter. Osbon Capital Management LLC bought a new position in Uber Technologies in the fourth quarter valued at $25,000. Finally, World Investment Advisors increased its stake in Uber Technologies by 17.2% in the fourth quarter. World Investment Advisors now owns 92,490 shares of the ride-sharing company’s stock valued at $7,557,000 after acquiring an additional 13,556 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: Uber increased its stake and is ramping Level‑4 robotaxi operations with WeRide in Dubai — a concrete step toward monetizing its AV strategy and lowering long‑term ride costs. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Uber agreed to buy Blacklane to bolster its high‑end “Elite”/chauffeur offering, expanding addressable market in premium and corporate travel. The deal should help mix and monetization over time. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
• Positive Sentiment: Market commentary and upgrades (including a Seeking Alpha upgrade and Jim Cramer support) are boosting investor sentiment by framing recent pullbacks as buying opportunities given accelerating delivery growth and AV partnerships. What The Market Got Wrong With Uber (Rating Upgrade)
• Neutral Sentiment: Wells Fargo trimmed its price target from $100 to $95 but kept an Overweight rating — a modest analyst calibration rather than a change in overall bullish stance. Uber Price Target Cut by Wells Fargo to $95 Due to Autonomous Vehicle Impact
• Neutral Sentiment: Platinum Asset Management calls UBER a “battleground” company in its fund letter — highlighting mixed views among active managers about execution vs. runway. Platinum International Fund: “Uber Technologies (UBER) is a ‘Battleground’ Company.”
• Negative Sentiment: Operational risk: Uber Eats delivery robots were vandalized in Sheffield, underscoring rollout and regulatory/PR risks for physical automation deployments. Uber Eats delivery robots vandalised in Sheffield
• Negative Sentiment: Macro/headline risk: rising fuel costs (reported in driver anecdotes) squeeze driver economics and could pressure supply or require higher incentives in the near term. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

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.