Guggenheim reaffirmed their buy rating on shares of Uber Technologies (NYSE:UBER – Free Report) in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has a $125.00 price objective on the ride-sharing company’s stock.
Other equities research analysts have also recently issued reports about the company. Evercore reiterated an “outperform” rating and issued a $150.00 target price on shares of Uber Technologies in a report on Wednesday. Cantor Fitzgerald cut their price target on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday. UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Tigress Financial upped their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, KeyCorp dropped their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $104.23.
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. Uber Technologies’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts forecast that Uber Technologies will post 3.08 earnings per share for the current year.
Institutional Investors Weigh In On Uber Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Oxbow Advisors LLC acquired a new stake in Uber Technologies in the second quarter valued at approximately $5,442,000. Wealthfront Advisers LLC acquired a new position in shares of Uber Technologies during the second quarter worth $19,552,000. Main Street Financial Solutions LLC acquired a new position in shares of Uber Technologies during the second quarter worth $446,000. HS Management Partners LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at $15,910,000. Finally, Aljian Capital Management LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at $1,473,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Analysts largely remained constructive after earnings. Guggenheim and Needham reaffirmed “Buy” ratings with price targets of $125 and $109, while Bernstein and Cantor Fitzgerald maintained positive ratings despite lowering their targets. Bank of America also kept a “Buy” rating and raised its earnings outlook, citing a valuation reset. Uber price target lowered by Bank of America
- Positive Sentiment: Uber’s push to scale its autonomous-vehicle ecosystem—including a reported plan to acquire up to 50,000 Rivian electric SUVs—helped support the longer-term growth narrative. Commentary from investor Gary Black and other market observers argued that Uber could be well positioned to benefit from robotaxi adoption without bearing the full cost of building a fleet. Uber Shares Jump as Analyst Commentary and Autonomous Delivery Push Drive Rally
- Positive Sentiment: Management said AI adoption has expanded sharply while engineering improvements are reducing the cost per token. The shift from heavy AI spending toward more efficient usage could improve productivity and limit future expense growth. Uber AI spending and tokenmaxxing
- Positive Sentiment: Uber entered a new senior unsecured term-loan credit facility, bolstering liquidity and financial flexibility as it invests in autonomous mobility and platform growth. Uber Secures New Credit Facilities to Bolster Liquidity
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.
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