Citizens Jmp Reaffirms Market Outperform Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBER)‘s stock had its “market outperform” rating reaffirmed by Citizens Jmp in a research note issued on Tuesday,Benzinga reports. They presently have a $100.00 price objective on the ride-sharing company’s stock. Citizens Jmp’s target price would suggest a potential upside of 26.14% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on UBER. Truist Financial boosted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Wedbush assumed coverage on Uber Technologies in a research report on Thursday, July 16th. They set an “outperform” rating and a $91.00 target price on the stock. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Royal Bank Of Canada began coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating for the company. Finally, BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.

Uber Technologies Stock Performance

Shares of UBER stock opened at $79.27 on Tuesday. The firm has a 50 day moving average of $73.19 and a two-hundred day moving average of $73.31. The stock has a market capitalization of $161.92 billion, a PE ratio of 17.42, a P/E/G ratio of 6.35 and a beta of 1.13. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a 52 week low of $65.41 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts predict that Uber Technologies will post 3.39 EPS for the current fiscal year.

Institutional Investors Weigh In On Uber Technologies

Several hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its position in Uber Technologies by 6,342.7% in the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock valued at $14,395,651,000 after buying an additional 196,399,787 shares in the last quarter. Public Investment Fund acquired a new stake in Uber Technologies during the 2nd quarter valued at $5,256,173,439,000. Norges Bank acquired a new stake in shares of Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Legal & General Group Plc bought a new stake in shares of Uber Technologies in the second quarter valued at approximately $943,167,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Uber Technologies during the second quarter valued at about $752,151,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber is rolling out live video streaming for teen accounts across the U.S., allowing parents to monitor rides and potentially strengthening the platform’s safety credentials and appeal to family users. Uber launches live video streaming for teen accounts
• Positive Sentiment: Uber’s robotaxi strategy is gaining momentum as Baidu’s fully driverless Apollo Go vehicles begin operating in Dubai under a multi-year partnership. The initiative could give Uber exposure to autonomous transportation without requiring it to develop the entire vehicle technology stack itself. Uber’s Robotaxi Push Gains Pace in Dubai
• Positive Sentiment: The PGA TOUR named Uber its official rideshare sponsor and Uber Eats its official on-demand food-delivery sponsor, providing brand visibility and potential demand benefits across transportation and delivery. PGA TOUR taps Uber as official sponsor
• Positive Sentiment: Analyst commentary remains constructive, citing gross-bookings growth, free cash flow, margin expansion and buyback potential. Bill Ackman’s Pershing Square also reportedly built a large Uber position, reinforcing bullish long-term sentiment. Bill Ackman invests in Uber
• Neutral Sentiment: A Zoomcar partnership will let users compare self-drive rentals with Uber Intercity chauffeur-driven rides in India, potentially improving trip discovery but likely having limited near-term impact on consolidated results. Zoomcar and Uber partnership
• Positive Sentiment: Industry commentary indicates food-delivery demand remains resilient even as consumers reduce spending in other categories, supporting the outlook for Uber Eats. Food delivery demand remains resilient
• Negative Sentiment: Dutch regulators fined Uber €824.99 million—approximately $966 million—for allegedly using automated systems to suspend or deactivate drivers based on conduct and ratings. The penalty creates a substantial financial, legal and regulatory risk and could prompt changes to Uber’s driver-management systems. Uber faces fine over automated driver suspensions

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.