Brokerages Set Uber Technologies, Inc. (NYSE:UBER) PT at $104.54

Uber Technologies, Inc. (NYSE:UBER) has earned a consensus recommendation of “Moderate Buy” from the thirty-nine research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, six have given a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $104.1765.

A number of equities analysts have recently issued reports on UBER shares. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th. Needham & Company LLC restated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Tigress Financial lifted their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Uber Technologies during the fourth quarter valued at $2,515,094,000. Marshall Wace LLP raised its stake in Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the period. Employees Provident Fund Board acquired a new stake in Uber Technologies during the 4th quarter worth about $265,205,000. Finally, Southpoint Capital Advisors LP purchased a new stake in Uber Technologies during the 1st quarter valued at about $222,983,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 2.5%

Shares of UBER stock opened at $74.21 on Friday. The stock has a market capitalization of $151.07 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 6.15 and a beta of 1.12. The company’s fifty day simple moving average is $73.04 and its two-hundred day simple moving average is $75.50. Uber Technologies has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data 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 company had revenue of $13.20 billion during the quarter, compared to analyst estimates 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 was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts anticipate that Uber Technologies will post 2.95 earnings per share for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Wells Fargo kept an Overweight rating on Uber and raised its price target to $100, signaling continued analyst confidence in the company’s upside. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber is drawing bullish commentary on its robotaxi strategy, with analysts arguing that partnerships with autonomous-driving companies could let Uber benefit from self-driving growth without taking on the heavy R&D burden itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s collaboration with Stellantis and Wayve on Level 4 autonomous robotaxis adds to the view that Uber could become a key platform beneficiary as autonomy scales. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Neutral Sentiment: Uber was added to several Russell value indexes while being removed from a larger growth-oriented benchmark, which could affect index-fund flows and reflects how the market is classifying the stock. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Investor focus is also on Uber’s decision to pause most Europe food-delivery expansion while it evaluates a potential Delivery Hero deal; the move may improve strategic focus, but it also raises questions about capital allocation and execution. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Uber and Waymo reportedly ended their partnership in one major U.S. city, which may be seen as a setback for Uber’s autonomous-vehicle rollout narrative. Uber and Waymo broke up in this major US city – here’s why
• Negative Sentiment: A study raising questions about insurance charges varying by ride could add pressure by drawing attention to pricing transparency and operating-cost consistency. Uber’s Insurance Charges Varied by Ride Despite the Same Route and Driver, Study Finds

Uber Technologies Company Profile

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.