Uber Technologies (NYSE:UBER – Get Free Report)‘s stock had its “market outperform” rating restated by analysts at Citizens Jmp in a report issued on Wednesday, Benzinga reports. They currently have a $100.00 price objective on the ride-sharing company’s stock. Citizens Jmp’s price objective would suggest a potential upside of 46.03% from the stock’s previous close.
Several other equities research analysts have also issued reports on UBER. Rosenblatt Securities initiated coverage on Uber Technologies in a research note on Tuesday, September 1st. They issued a “buy” rating and a $100.00 price objective for the company. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday. Bank of America dropped their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Arete Research set a $74.00 price objective on shares of Uber Technologies and gave the company a “neutral” rating in a research report on Thursday, September 10th. Finally, Scotiabank initiated coverage on shares of Uber Technologies in a research note on Wednesday, September 9th. They issued a “sector outperform” rating and a $100.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $103.11.
Get Our Latest Stock Analysis on UBER
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts expect that Uber Technologies will post 3.35 EPS for the current fiscal year.
Insider Buying and Selling
In other Uber Technologies news, insider Jill Hazelbaker sold 28,170 shares of the company’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 transaction, the insider directly owned 149,525 shares in the company, valued at $10,662,627.75. This represents a 15.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the purchase, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. This represents a 11.50% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Public Investment Fund bought a new position in shares of Uber Technologies during the 2nd quarter worth $5,256,173,439. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Uber Technologies by 2.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,078,612 shares of the ride-sharing company’s stock worth $1,068,653,000 after acquiring an additional 258,448 shares during the period. Legal & General Group Plc purchased a new stake in Uber Technologies in the second quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Uber Technologies during the 2nd quarter worth about $752,151,000. Finally, Baird Financial Group Inc. increased its position in Uber Technologies by 64.4% during the 2nd 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 during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber agreed to acquire workplace-catering platform ezCater for $2.3 billion in cash. The deal would add access to more than 140,000 restaurants and a business that generated over $2.5 billion in gross bookings during the past 12 months. Uber expects ezCater’s average orders of more than $400 to support higher Uber Eats margins and diversify food delivery beyond individual meals. Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform
- Neutral Sentiment: Uber will report third-quarter 2026 results on November 4. The upcoming earnings release could provide an early update on operating trends and management’s plans for integrating ezCater, but no new financial results were included in the latest announcements. Uber Announces Date of Third Quarter 2026 Results Conference Call
- Negative Sentiment: Retail investors have criticized the $2.3 billion ezCater price, questioning whether the acquisition will generate sufficient returns and viewing it as an expensive push to narrow Uber’s gap with DoorDash. The all-cash structure also raises concerns about capital allocation and integration risk. UBER Stock In Focus: Uber’s $2.3B Bet On ezCater Fails To Lift Retail Mood
- Negative Sentiment: A study reported that Uber riders are paying 53% more while waiting 19% longer, raising concerns about affordability, service reliability and potential demand or regulatory pressure. If sustained, these trends could weaken customer satisfaction and increase scrutiny of Uber’s marketplace economics. Uber Riders Are Paying 53% More While Waiting 19% Longer, Study Finds
Uber Technologies Company Profile
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.
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