Sanford C. Bernstein Lowers Uber Technologies (NYSE:UBER) Price Target to $95.00

Uber Technologies (NYSE:UBER) had its target price dropped by analysts at Sanford C. Bernstein from $110.00 to $95.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the ride-sharing company’s stock. Sanford C. Bernstein’s price target indicates a potential upside of 35.38% from the company’s previous close.

A number of other research analysts also recently issued reports on UBER. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Wells Fargo & Company set a $89.00 price target on shares of Uber Technologies in a research note on Thursday. Guggenheim reiterated a “buy” rating and set a $125.00 price objective on shares of Uber Technologies in a report on Thursday. Royal Bank Of Canada began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating on the stock. Finally, UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Trading Up 2.9%

UBER stock traded up $1.99 during mid-day trading on Thursday, reaching $70.17. The company’s stock had a trading volume of 13,114,367 shares, compared to its average volume of 19,445,184. The company has a market cap of $142.84 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 6.58 and a beta of 1.13. The business’s 50 day moving average price is $71.78 and its 200 day moving average price is $73.82. 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 $65.41 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts predict that Uber Technologies will post 2.99 EPS for the current year.

Institutional Trading of Uber Technologies

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position 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 valued at $15,729,142,000 after buying an additional 1,670,761 shares during the period. Capital Research Global Investors raised its position in Uber Technologies by 2.6% in 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 acquiring an additional 2,903,021 shares during the period. Geode Capital Management LLC raised its position in Uber Technologies by 3.5% in 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 acquiring an additional 1,602,596 shares during the period. Norges Bank purchased a new position in Uber Technologies in the fourth quarter valued at about $2,515,094,000. Finally, Northern Trust Corp grew its position in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after acquiring an additional 297,132 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s second-quarter results showed solid platform momentum: gross bookings increased 24% to approximately $58 billion, trips rose 18% to 3.9 billion, and monthly active platform consumers grew 16% to 208 million. Adjusted EBITDA increased 33% year over year, while operating cash flow reached $2.9 billion and trailing free cash flow exceeded $10 billion. Uber Q2 Earnings Surpass Estimates
• Positive Sentiment: The earnings call emphasized autonomous-vehicle scale, cross-platform engagement and widening profitability. Uber also received favorable outside validation, with Guggenheim reaffirming a Buy rating and a $125 price target, while Needham maintained Buy with a $109 target. Uber Q2 Earnings Call Centers on AV Scale and Platform Growth
• Positive Sentiment: Uber and autonomy partner Wayve received approval for supervised robotaxi operations in London, providing a near-term commercial milestone. Investor commentary from Gary Black and Bill Ackman-backed analysts also supports the view that Uber’s asset-light marketplace could benefit from widespread robotaxi adoption. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Neutral Sentiment: Uber is expanding hotel bookings, drone delivery and internal AI usage. Management says thousands of engineers now use advanced AI tools and that more efficient models are helping control costs, although these initiatives remain longer-term growth opportunities. Uber CTO Discusses AI Efficiency
• Negative Sentiment: The main overhang is guidance. Uber forecast third-quarter adjusted EPS of $0.84–$0.88 versus roughly $0.89 expected, while bookings guidance was slightly below consensus. Second-quarter revenue of $14.19 billion narrowly missed estimates, Brazil competition slowed trips, and plans to invest more than $10 billion in autonomous vehicles—alongside acquisitions—are raising concerns that higher spending could pressure margins and cash allocation. Cantor Fitzgerald lowered its target to $90, despite retaining an Overweight rating. Uber Forecasts Weak Quarterly Profit

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.