Uber Technologies, Inc. (NYSE:UBER) Receives Average Recommendation of “Moderate Buy” from Brokerages

Uber Technologies, Inc. (NYSE:UBERGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the forty analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, twenty-nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $104.6765.

UBER has been the subject of several recent analyst reports. BNP Paribas Exane cut Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a report on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th.

Check Out Our Latest Research Report on Uber Technologies

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Capital Research Global Investors raised its holdings in Uber Technologies by 2.6% during the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC raised its holdings in Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank acquired a new position in Uber Technologies during the fourth quarter worth $2,515,094,000. Finally, Northern Trust Corp raised its holdings in Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Up 0.5%

UBER opened at $70.43 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50 day simple moving average of $73.54 and a 200-day simple moving average of $77.42. The stock has a market capitalization of $143.36 billion, a P/E ratio of 17.56, a P/E/G ratio of 5.96 and a beta of 1.12. Uber Technologies has a 12 month low of $68.46 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts anticipate that Uber Technologies will post 2.95 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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Uber Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Uber Technologies (NYSE:UBER)

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