Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company

Uber Technologies (NYSE:UBER) had its target price reduced by Wells Fargo & Company from $102.00 to $100.00 in a research note released on Monday morning,Benzinga reports. They currently have an overweight rating on the ride-sharing company’s stock.

Several other brokerages have also issued reports on UBER. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Friday, June 26th. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. DA Davidson restated a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, Weiss Ratings upgraded Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.49.

Uber Technologies Stock Up 2.5%

Shares of UBER stock opened at $74.26 on Monday. The firm has a fifty day moving average of $73.05 and a 200-day moving average of $75.54. Uber Technologies has a 12-month low of $67.19 and a 12-month high of $101.99. The company has a market capitalization of $151.17 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 6.32 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

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

Institutional Investors Weigh In On Uber Technologies

Several hedge funds have recently bought and sold shares of the company. Osbon Capital Management LLC bought a new stake in Uber Technologies in the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

More Uber Technologies News

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

• Positive Sentiment: Uber is getting a more bullish long-term view from investors who see the company as a beneficiary of the robotaxi rollout, since it can partner with autonomous vehicle makers instead of spending heavily on its own self-driving R&D. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Wells Fargo kept an overweight rating on Uber while raising its price target to $100, reinforcing expectations for upside from current levels. Uber price target update
• Neutral Sentiment: Uber was added to several Russell value benchmarks, including the Russell 1000 Value, which could affect index-fund ownership and trading flows, but the move is mainly a classification change rather than a direct business catalyst. Uber Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Uber CEO Dara Khosrowshahi stepped down from Grab’s board, which appears to be more of a governance/board-change story than a direct operating issue for Uber. Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
• Negative Sentiment: Uber paused most planned Uber Eats expansion in Europe and is shifting focus toward a possible Delivery Hero acquisition, raising questions about execution, capital allocation, and European regulatory risk. Uber Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Recent reports that Uber’s insurance charges varied by ride, even on the same route and driver, may keep attention on pricing consistency and operational transparency. Uber’s Insurance Charges Varied By Ride Despite The Same Route And Driver, Study Finds

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.