Uber Technologies, Inc. (NYSE:UBER) Receives Consensus Rating of “Moderate Buy” from Analysts

Uber Technologies, Inc. (NYSE:UBER) has been assigned an average recommendation of “Moderate Buy” from the forty analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, six have given a hold rating, thirty have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $104.5429.

Several research firms have recently issued reports on UBER. Piper Sandler increased their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Friday, June 26th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Finally, UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th.

Uber Technologies Stock Down 0.1%

Shares of UBER opened at $74.39 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies has a 12 month low of $67.19 and a 12 month high of $101.99. The firm’s 50 day moving average is $73.09 and its 200-day moving average is $75.64. The stock has a market capitalization of $151.42 billion, a PE ratio of 18.55, a P/E/G ratio of 6.32 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the business posted $0.83 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts forecast that Uber Technologies will post 2.95 EPS for the current year.

Hedge Funds Weigh In On Uber Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Stelac Advisory Services LLC lifted its stake in shares of Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after purchasing an additional 117 shares during the period. Cadence Bank boosted its position in shares of Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares in the last quarter. Salvus Wealth Management LLC grew its stake in shares of Uber Technologies by 4.9% in the 4th quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock valued at $216,000 after buying an additional 123 shares during the period. Avion Wealth grew its stake in shares of Uber Technologies by 17.5% in the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock valued at $68,000 after buying an additional 125 shares during the period. Finally, Crewe Advisors LLC increased its position in Uber Technologies by 6.6% in the 4th quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock valued at $170,000 after buying an additional 129 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

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.