Uber Technologies (NYSE:UBER) Stock Price Up 2.4% – Time to Buy?

Shares of Uber Technologies, Inc. (NYSE:UBER) were up 2.4% during trading on Thursday . The company traded as high as $82.08 and last traded at $81.7130. Approximately 26,719,463 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 19,015,363 shares. The stock had previously closed at $79.78.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber committed up to $500M to Canadian self‑driving startup Waabi, accelerating a robotaxi push that could materially lower driver costs and expand future margin potential. Uber invests US$500 million in Canada’s Waabi to accelerate robotaxi push
• Positive Sentiment: Waabi raised large new funding and partnered with Uber to scale from trucking into robotaxis — signals of meaningful capital and strategic alignment on autonomous deployments. Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis as the race to dominate self-driving heats up
• Positive Sentiment: Coverage notes Uber’s financial stake and role in Waabi’s $1B+ fundraising and expansion to robotaxis — reinforces the strategic rationale behind today’s share strength. Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
• Positive Sentiment: Uber launched an “AV Labs” division to gather driving data for robotaxi partners — a practical, lower‑cost route to accelerate AV readiness and partnerships. Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners
• Positive Sentiment: Dutch court ruled Uber drivers are contractors (not employees) — reduces ongoing labor‑cost/backstop liabilities in that jurisdiction and is broadly positive for margin predictability. Uber Drivers Aren’t Employees but Contractors, Dutch Court Rules
• Neutral Sentiment: Q4 earnings are imminent; previews show revenue growth guidance (~19%) but mixed beat chances — creates short‑term volatility around the report. Uber Q4 Earnings on Deck: Buy, Sell or Hold It Ahead of Results?
• Neutral Sentiment: Crypto/AI items (Clawdbot/Moltbot) mention Uber tangentially (ratings for AI agents) but are primarily a cybersecurity/AI narrative with limited immediate impact on Uber’s fundamentals. Crypto loves Clawdbot/Moltbot, Uber ratings for AI agents: AI Eye
• Negative Sentiment: Analyst previews and coverage warn Q4 EPS could decline and that Uber lacks the combination for an easy beat — downside risk if results disappoint. Earnings Preview: Uber Technologies (UBER) Q4 Earnings Expected to Decline
• Negative Sentiment: Recent articles flagged Uber as a top underperformer in some funds and noted a larger intraday dip versus the market — signaling weak sentiment among some active managers. Uber Technologies (UBER) was the Worst Performer: NewBridge Large Cap Growth Equity
• Negative Sentiment: Legal and safety headlines persist — a sexual assault trial where Uber denies liability, Bloomberg Law commentary on data‑security lessons, and law firms expanding Uber accident practice all keep regulatory/legal risk top of mind. Uber denies liability for drivers in sexual assault trial Cases of Ex-Uber Officer, SolarWinds Offer Data Security Lessons
• Negative Sentiment: Competitive pressure: Lyft is adding teen‑rides features as it chases Uber — incremental feature competition could pressure growth/market share in specific segments. Lyft Working on Teen Rides Feature as It Plays Catch-Up With Uber

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Uber Technologies from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. Erste Group Bank cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. BMO Capital Markets decreased their price objective on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. DA Davidson increased their price target on Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Truist Financial boosted their price target on shares of Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Four analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $107.50.

Uber Technologies Stock Up 2.4%

The company has a market cap of $169.79 billion, a price-to-earnings ratio of 10.50 and a beta of 1.20. The business has a 50-day simple moving average of $84.06 and a two-hundred day simple moving average of $90.38. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the prior year, the firm earned $1.20 EPS. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. As a group, equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 14,875 shares of company stock worth $1,319,130. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Foster Group Inc. lifted its position in shares of Uber Technologies by 3.3% in the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 107 shares in the last quarter. Sage Rhino Capital LLC raised its stake in Uber Technologies by 4.2% in the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares during the last quarter. Quent Capital LLC lifted its holdings in Uber Technologies by 3.3% in the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after purchasing an additional 111 shares in the last quarter. Advisors Capital Management LLC boosted its stake in Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the last quarter. Finally, Emergent Wealth Advisors LLC grew its holdings in shares of Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

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.