Uber Technologies (NYSE:UBER – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Needham & Company LLC in a research note issued on Thursday,Benzinga reports. They presently have a $109.00 target price on the ride-sharing company’s stock. Needham & Company LLC’s price target indicates a potential upside of 37.55% from the stock’s current price.
Several other research analysts have also commented on the company. Mizuho reduced their price target on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. The Goldman Sachs Group set a $125.00 price target on Uber Technologies in a research report on Wednesday, February 4th. Cantor Fitzgerald reduced their price target on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Roth Mkm set a $105.00 price target on Uber Technologies in a research report on Thursday, February 5th. Finally, Wall Street Zen lowered Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $105.17.
Read Our Latest Analysis on Uber Technologies
Uber Technologies Trading Up 8.6%
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies will post 3.32 earnings per share for the current fiscal year.
Insider Activity
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by insiders.
Institutional Trading of Uber Technologies
Hedge funds have recently modified their holdings of the stock. Transcendent Capital Group LLC purchased a new position in Uber Technologies during the third quarter worth approximately $1,859,000. Mawer Investment Management Ltd. purchased a new position in Uber Technologies during the third quarter worth approximately $74,107,000. Rhumbline Advisers lifted its position in Uber Technologies by 1.1% during the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after buying an additional 42,278 shares in the last quarter. Longbow Finance SA increased its stake in Uber Technologies by 51.8% during the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after acquiring an additional 38,304 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Uber Technologies by 11.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 379,452 shares of the ride-sharing company’s stock worth $37,175,000 after acquiring an additional 38,182 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Q1 beat: adjusted EPS beat estimates and gross bookings hit $53.7B, underpinning investor optimism about demand and margins. Uber Announces Results for First Quarter 2026
- Positive Sentiment: Upbeat Q2 bookings guide: company forecasted $56.25B–$57.75B in gross bookings for Q2, above Street estimates, signaling resilient consumer demand. Uber forecasts strong second-quarter bookings despite Middle East woes
- Positive Sentiment: Analyst bullishness: BNP Paribas reiterated Outperform with a $108 target and DA Davidson raised its target to $107 — analysts are lifting targets after the quarter. Why Uber May Stay On Top For The Next Several Years
- Positive Sentiment: Partnerships accelerate revenue mix: expanded Uber Eats grocery distribution with Ahold Delhaize and Solera integration of “Wait & Save” broaden delivery and enterprise reach. Ahold Delhaize & Uber Eats Expand Partnership Solera Integrates Uber’s ‘Wait & Save’ Into Shuttle OnDemand
- Positive Sentiment: Autonomous/robotaxi progress: CEO highlighted a large self-driving opportunity and partnerships (e.g., Rivian order) that support long-term TAM expansion. Uber CEO Dara Khosrowshahi Sees ‘Trillion-Dollar’ Self-Driving Opportunity Uber Just Ordered 10,000 Rivian Robotaxis
- Neutral Sentiment: Bull case commentary: several analyst pieces and market notes argue the stock is attractively valued given platform expansion and improving unit economics. UBER Stock Has Slipped while the Business Keeps Growing. It’s a Bull Case
- Neutral Sentiment: Investor takeaways/earnings transcripts and call notes emphasize AI-driven productivity gains and membership growth (50M Uber One members). Uber Technologies, Inc. Q1 2026 Earnings Call Summary
- Negative Sentiment: Slight revenue miss and regional headwinds: Q1 revenue marginally missed estimates and company said the Middle East conflict shaved growth by ~60 bps, a near-term drag to international metrics. Uber (NYSE:UBER) Misses Q1 CY2026 Revenue Estimates, But Stock Soars 8.3% Uber hit by Middle East conflict despite strong bookings
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.
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