DA Davidson Reiterates Buy Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBER)‘s stock had its “buy” rating reaffirmed by DA Davidson in a research note issued on Tuesday,Benzinga reports. They presently have a $107.00 price objective on the ride-sharing company’s stock. DA Davidson’s target price points to a potential upside of 48.65% from the company’s previous close.

Several other analysts also recently weighed in on the company. Morgan Stanley cut their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. BTIG Research reissued a “buy” rating on shares of Uber Technologies in a report on Tuesday. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Canaccord Genuity Group set a $72.00 price objective on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $71.98 on Tuesday. The firm’s 50 day moving average is $74.12 and its two-hundred day moving average is $79.05. The firm has a market capitalization of $146.52 billion, a P/E ratio of 17.95, a PEG ratio of 6.11 and a beta of 1.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies has a 52 week low of $68.46 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The business’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies will post 2.95 earnings per share for the current year.

Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.81% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Osbon Capital Management LLC bought a new stake in Uber Technologies in the fourth quarter worth about $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at about $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies in the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter worth approximately $27,000. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber’s reported takeover approach for Delivery Hero signals a potential strategic expansion in global food delivery, which could strengthen Uber Eats’ scale and competitive position. Uber weighs higher bid for Delivery Hero, FT reports
• Positive Sentiment: Delivery Hero’s confirmation of Uber’s offer and reports that Uber may sweeten the bid suggest the deal could still advance, keeping acquisition speculation alive as a near-term catalyst for UBER. Delivery Hero shares hit 18-month high following Uber bid news
• Neutral Sentiment: Uber has also reportedly increased its stake in Delivery Hero to 19.5%, reinforcing that it is building influence in the asset even if a full takeover remains uncertain. Uber Technologies (UBER) Raises Stake in Delivery Hero SE, Reports Bloomberg
• Neutral Sentiment: Broker commentary remains constructive, with Citigroup/Truist-style bullish notes cited in the feed, but these are more supportive background factors than the main driver today. Citizens and Truist Securities Remain Bullish on UBER

About Uber Technologies

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.