Uber Technologies’ (UBER) “Overweight” Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their overweight rating on shares of Uber Technologies (NYSE:UBER) in a research report released on Monday,Benzinga reports. The firm currently has a $90.00 target price on the ride-sharing company’s stock.

UBER has been the topic of a number of other research reports. Bank of America lowered their price objective on Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Jefferies Financial Group boosted their target price on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Thursday, September 3rd. Barclays decreased their target price on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $103.11.

Uber Technologies Trading Down 2.8%

Uber Technologies stock opened at $69.30 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $141.55 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 6.09 and a beta of 1.27. Uber Technologies has a one year low of $65.41 and a one year high of $100.35. The company’s fifty day moving average price is $73.18 and its two-hundred day moving average price is $72.90.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same period last year, the company earned $0.60 earnings per share. The business’s 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, analysts forecast that Uber Technologies will post 3.20 earnings per share for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other news, CEO Dara Khosrowshahi purchased 141,000 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jill Hazelbaker sold 28,170 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the sale, the insider directly owned 149,525 shares in the company, valued at approximately $10,662,627.75. This represents a 15.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.81% of the company’s stock.

Institutional Trading of Uber Technologies

Several hedge funds have recently added to or reduced their stakes in UBER. Public Investment Fund acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $5,256,173,439. Legal & General Group Plc bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Uber Technologies in the second quarter valued at $752,151,000. Baird Financial Group Inc. raised its stake in shares of Uber Technologies by 64.4% in the second quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock valued at $656,609,000 after purchasing an additional 3,564,073 shares in the last quarter. Finally, Fundsmith LLP acquired a new position in shares of Uber Technologies in the second quarter valued at $645,338,000. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber has begun a self-driving robotaxi trial in Manchester, expanding its autonomous-vehicle strategy internationally. The initiative could strengthen Uber’s position in driverless transportation and eventually reduce reliance on human drivers. Uber begins self-driving robotaxi trial in Manchester
• Positive Sentiment: Analysts and valuation coverage continue to characterize Uber as potentially undervalued relative to its earnings and growth prospects. Its significantly higher net margin than Coupang and expansion into autonomous vehicles, advertising, and other services support the bullish case. Uber stock looks undervalued
• Positive Sentiment: Uber Advertising selected TripleLift as its first U.S. offsite audience-expansion partner, allowing advertisers to use Uber’s consumer-intent data across the broader internet and potentially creating a higher-margin revenue stream. TripleLift partnership with Uber Advertising
• Neutral Sentiment: Uber received permission to pursue a racketeering case against a Philadelphia lawyer, a legal development that could provide recourse but does not immediately change operating results. Uber racketeering case
• Negative Sentiment: Sarfraz Maredia, Uber’s global head of autonomous mobility and delivery, plans to leave on November 16. The departure adds execution risk to the company’s robotaxi expansion just as autonomous transportation becomes a major investment theme. Uber robotaxi leader departure
• Negative Sentiment: Uber Freight’s leadership is prioritizing revenue growth and investment ahead of profitability, which may weigh on near-term margins and cash-flow expectations. Uber Freight growth and investment plans
• Negative Sentiment: A research analyst modestly reduced Uber’s FY2027 earnings estimate, while a study highlighting large variations in driver pay raises potential concerns about driver retention, regulatory scrutiny, and marketplace costs. Uber driver pay study

About Uber Technologies

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.