Uber Technologies (NYSE:UBER) Hits New 1-Year Low – Time to Sell?

Uber Technologies, Inc. (NYSE:UBER) reached a new 52-week low during trading on Friday . The company traded as low as $66.60 and last traded at $66.3450, with a volume of 10804546 shares changing hands. The stock had previously closed at $68.91.

Uber Technologies News Summary

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

• Negative Sentiment: Waymo is reportedly exploring a breakup with Uber, potentially ending a partnership that put Waymo robotaxis on Uber’s network in Austin and Atlanta. If Waymo pulls back, it could weaken Uber’s autonomous-vehicle strategy and raise concerns about competitive pressure in robotaxi ride-hailing. Waymo reportedly mulling a breakup with Uber
• Negative Sentiment: The Financial Times reported that the Uber-Waymo relationship has soured amid lobbying battles over autonomous vehicle rollout, adding uncertainty around a high-profile partnership investors viewed as strategically important. Waymo explores split with Uber as robotaxi tensions deepen
• Negative Sentiment: Uber said it is cutting 10% of customer service jobs as it expands AI use. While the move may support long-term efficiency, layoffs can signal near-term operational disruption and were cited in reports as a reason the stock weakened. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Several follow-up reports echoed the same workforce reduction, reinforcing the market’s focus on Uber’s cost cuts and AI transition rather than near-term growth catalysts. Uber Slashes 10% of Customer Service Workforce in AI Push
• Neutral Sentiment: Uber also won a court injunction against a New York City driver deactivation law, preserving flexibility in how it manages drivers in a key market; this is supportive for operations, but it is less likely to drive immediate stock action than the Waymo headlines. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
• Neutral Sentiment: Separately, Uber was mentioned as a backer of Travis Kalanick’s new robotics venture, but that investment appears more thematic than directly material to Uber’s core earnings outlook. Anthony Levandowski… lands a role in Travis Kalanick’s $1.7B robotics venture

Analysts Set New Price Targets

A number of brokerages recently weighed in on UBER. TD Cowen reissued a “buy” rating and issued a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Wolfe Research set a $100.00 target price on Uber Technologies in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.65.

Uber Technologies Stock Performance

The stock has a market cap of $134.36 billion, a PE ratio of 16.46, a P/E/G ratio of 5.54 and a beta of 1.12. The firm’s 50-day moving average is $72.16 and its 200 day moving average is $74.72. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data 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. 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%. Uber Technologies’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts anticipate that Uber Technologies, Inc. will post 2.98 EPS for the current year.

Institutional Trading of Uber Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in UBER. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies during the first quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the 3rd quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the 4th quarter valued at $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

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.