Uber Technologies, Inc. (NYSE:UBER) Receives Consensus Rating of “Moderate Buy” from Analysts

Uber Technologies, Inc. (NYSE:UBERGet Free Report) has been given a consensus rating of “Moderate Buy” by the thirty-nine brokerages that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, twenty-nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $104.1765.

UBER has been the subject of several research reports. Piper Sandler raised their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Wells Fargo & Company lowered their target price on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. Wolfe Research set a $100.00 price target on Uber Technologies in a research note on Friday, May 29th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd.

View Our Latest Research Report on UBER

Uber Technologies Stock Performance

NYSE UBER opened at $74.31 on Friday. The firm has a 50-day moving average of $72.99 and a 200-day moving average of $75.43. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $151.28 billion, a PE ratio of 18.53, a P/E/G ratio of 6.25 and a beta of 1.12. Uber Technologies has a 52-week low of $67.19 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts anticipate that Uber Technologies will post 2.95 EPS for the current year.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors and hedge funds have recently modified their holdings of UBER. Brighton Jones LLC boosted its holdings in Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares during the period. Bison Wealth LLC increased its holdings in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in shares of Uber Technologies in the first quarter valued at approximately $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in shares of Uber Technologies in the second quarter valued at approximately $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

More Uber Technologies News

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

Uber Technologies Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.