Uber Technologies (NYSE:UBER) Trading Up 2.9% – Time to Buy?

Uber Technologies, Inc. (NYSE:UBER) was up 2.9% during mid-day trading on Tuesday . The company traded as high as $72.05 and last traded at $71.9210. Approximately 15,732,776 shares were traded during trading, a decline of 23% from the average session volume of 20,564,184 shares. The stock had previously closed at $69.91.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: WeRide partnership deepens: Uber has increased its stake in autonomous driving partner WeRide and the companies launched fully driverless Level‑4 robotaxi service in Dubai — a milestone for Uber’s AV strategy and potential long‑term unit‑cost improvement. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Acquisition to lift premium demand: Uber agreed to buy Blacklane to expand its Elite/chauffeur offering globally, which could drive higher‑margin ride revenue and improve wallet share among high‑end customers. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
• Positive Sentiment: High‑profile bullish coverage: Jim Cramer and other bullish takes/ratings upgrades are drawing attention to Uber as a long‑term value story, supporting investor sentiment. Jim Cramer on Says Uber Technologies “Represents Long-Term Great Value”
• Neutral Sentiment: Recent results mixed: Uber’s latest quarter showed revenue growth and healthy margins but an EPS miss; management gave Q1 guidance — a mixed earnings setup that leaves room for debate on near‑term momentum. (Background earnings context)
• Neutral Sentiment: Analyst price‑target update: Wells Fargo trimmed its price target to $95 while keeping an overweight rating, signaling continued analyst conviction but modestly lower near‑term expectations tied to AV dynamics. Benzinga
• Neutral Sentiment: Global AV expansion: Coverage notes Uber & partners are pushing robotaxis into new markets (e.g., Europe), which is positive for long‑term TAM but keeps AV investment and regulatory timelines in focus. UBER & Partners Look to Bring Robotaxis to Europe Soon: Growth Ahead?
• Negative Sentiment: Operational hiccups: Local incidents — including vandalism of Uber Eats delivery robots in Sheffield — highlight execution and regulatory/PR risks around automation. Uber Eats delivery robots vandalised in Sheffield
• Negative Sentiment: Driver economics pressured by fuel costs: Reporting on higher gas prices underscores margin pressure for drivers (affecting supply and cost dynamics), a short‑term headwind for rides revenue and driver availability. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on UBER shares. Cantor Fitzgerald lowered their price target on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a research report on Wednesday, February 4th. DA Davidson decreased their price objective on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Tuesday, February 3rd. Finally, Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $105.14.

Uber Technologies Stock Up 2.9%

The stock has a market capitalization of $146.93 billion, a P/E ratio of 15.27, a PEG ratio of 6.33 and a beta of 1.22. The stock has a 50 day moving average price of $75.18 and a 200-day moving average price of $84.90. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company’s revenue was up 20.1% on a year-over-year basis. During the same period last year, the firm posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Several institutional investors have recently added to or reduced their stakes in UBER. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the third quarter worth about $25,000. Kilter Group LLC bought a new stake in shares of Uber Technologies in the second quarter worth about $26,000. Finally, Westend Capital Management LLC purchased a new position in Uber Technologies during the 3rd quarter valued at about $27,000. Hedge funds and other 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.