Uber Technologies, Inc. (NYSE:UBER) Given Average Rating of “Moderate Buy” by Analysts

Shares of Uber Technologies, Inc. (NYSE:UBERGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the forty-one ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, thirty have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $104.9714.

A number of equities research analysts have commented on the company. TD Cowen assumed coverage on Uber Technologies in a report on Monday, May 11th. They set a “hold” rating on the stock. Truist Financial raised their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th.

Read Our Latest Stock Analysis on Uber Technologies

Institutional Trading of Uber Technologies

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted 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 worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Capital Research Global Investors boosted its position in Uber Technologies by 2.6% during 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 last quarter. Geode Capital Management LLC boosted its position in Uber Technologies by 3.5% during 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 last quarter. Norges Bank acquired a new stake in Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp boosted its holdings in shares of Uber Technologies by 1.5% in 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 purchasing an additional 297,132 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $68.67 on Wednesday. The business’s fifty day moving average price is $73.41 and its two-hundred day moving average price is $77.11. The stock has a market cap of $139.79 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. 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 has a one year low of $67.19 and a one year high of $101.99.

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

Uber Technologies News Summary

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

Uber Technologies Company Profile

(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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