Uber Technologies, Inc. (NYSE:UBER) Receives $105.11 Average PT from Analysts

Uber Technologies, Inc. (NYSE:UBERGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the forty-one analysts that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $105.1143.

Several brokerages recently issued reports on UBER. Wells Fargo & Company raised their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. TD Cowen began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating on the stock. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Piper Sandler increased their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th.

Get Our Latest Stock Report on Uber Technologies

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Transcendent Capital Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at about $1,859,000. Mawer Investment Management Ltd. bought a new stake in shares of Uber Technologies in the 3rd quarter valued at about $74,107,000. Rhumbline Advisers raised its holdings in shares of Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after purchasing an additional 42,278 shares in the last quarter. Longbow Finance SA raised its holdings in shares of Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after purchasing an additional 38,304 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Trending Headlines about Uber Technologies

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Uber Technologies Trading Up 0.8%

Shares of UBER stock opened at $74.66 on Friday. Uber Technologies has a 12-month low of $68.46 and a 12-month high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $74.18 and its 200 day moving average is $79.57. The stock has a market capitalization of $151.97 billion, a P/E ratio of 18.62, a P/E/G ratio of 6.30 and a beta of 1.16.

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

About Uber Technologies

(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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