Uber Technologies (NYSE:UBER) Given "Buy" Rating at BTIG Research

Key Points

• BTIG Research reaffirmed its Buy rating on Uber with a $100 price target, implying 30.69% upside from the stock’s previous close. Analysts overall assign Uber a “Moderate Buy” consensus rating with an average target of $104.14.
• Uber reported quarterly EPS of $0.81, narrowly beating estimates, while revenue rose 12.2% year over year to $14.19 billion, slightly below expectations. The stock opened at $76.52 and remains below its 52-week high of $101.99.
• Institutional ownership remains high at 80.24%, with several major investors increasing their positions. Uber is also advancing its autonomous-vehicle strategy and expanding delivery operations, while facing restructuring, market-exit and legal risks.

Uber Technologies (NYSE:UBER - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at BTIG Research in a research report issued on Thursday, Benzinga reports. They currently have a $100.00 price objective on the ride-sharing company's stock. BTIG Research's price target would indicate a potential upside of 30.69% from the stock's previous close.

A number of other brokerages also recently issued reports on UBER. Roth Capital dropped their price target on shares of Uber Technologies from $105.00 to $100.00 and set a "buy" rating on the stock in a report on Monday, August 10th. Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a research note on Monday, May 11th. HSBC downgraded Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. Piper Sandler reiterated an "overweight" rating on shares of Uber Technologies in a research report on Thursday, August 13th. Finally, Rosenblatt Securities assumed coverage on shares of Uber Technologies in a report on Tuesday. They issued a "buy" rating and a $100.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $104.14.

Uber Technologies Stock Performance

NYSE UBER opened at $76.52 on Thursday. The company has a market capitalization of $156.29 billion, a P/E ratio of 16.82, a P/E/G ratio of 6.06 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a fifty day moving average of $73.97 and a 200-day moving average of $73.51.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $14.24 billion. During the same period last year, the firm earned $0.60 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts predict that Uber Technologies will post 3.39 EPS for the current fiscal year.

Institutional Investors Weigh In On Uber Technologies

Several large investors have recently bought and sold shares of UBER. Wellington Grp LLC boosted its holdings in shares of Uber Technologies by 71.9% during the 2nd quarter. Wellington Grp LLC now owns 10,401 shares of the ride-sharing company's stock worth $751,000 after purchasing an additional 4,351 shares during the last quarter. HighTower Advisors LLC grew its holdings in Uber Technologies by 12.7% in the 2nd quarter. HighTower Advisors LLC now owns 874,865 shares of the ride-sharing company's stock valued at $63,130,000 after buying an additional 98,794 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Uber Technologies during the 2nd quarter worth $18,809,000. California State Teachers Retirement System boosted its position in shares of Uber Technologies by 6,342.7% during the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company's stock valued at $14,395,651,000 after acquiring an additional 196,399,787 shares during the last quarter. Finally, Greenland Capital Management LP grew its holdings in shares of Uber Technologies by 420.5% in the second quarter. Greenland Capital Management LP now owns 7,750 shares of the ride-sharing company's stock valued at $559,000 after purchasing an additional 6,261 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Rosenblatt upgrades Uber to “Strong Buy.” The firm’s bullish stance follows its earlier Buy rating and $100 price target, implying substantial upside from current levels. Rosenblatt views Uber as a durable, compounding platform with long-term growth potential. Tickerreport: Uber upgraded by Rosenblatt Securities
• Positive Sentiment: Uber and Wayve launched supervised robotaxi rides in London. The initiative expands Uber’s autonomous-vehicle strategy into a major European ride-hailing market and could strengthen its position as a platform for multiple self-driving partners. Investors also see the shift toward autonomous vehicles as a reason for Uber to redirect resources from traditional operations. Reuters: Uber and Wayve launch London robotaxis
• Positive Sentiment: Uber plans to eliminate about 3,300 jobs, or 10% of its workforce. The restructuring targets management layers and “micro-teams,” with expected savings redirected toward core rides, delivery and robotaxi investments. Although the scale of the cuts highlights organizational pressure, the market has interpreted the move as a potential efficiency and margin improvement catalyst. Bloomberg: Uber to cut 3,300 jobs
• Positive Sentiment: Delivery Hero’s management and supervisory boards recommended accepting Uber’s $15 billion takeover offer. Board backing improves the prospects of the proposed transaction, which would create one of the world’s largest on-demand food-delivery platforms and expand Uber’s international delivery footprint. TechCrunch: Delivery Hero board backs Uber bid
• Neutral Sentiment: Uber is winding down operations in Nigeria after 12 years. The exit may allow management to focus capital on higher-priority markets, but it also removes a local growth opportunity and reflects continued portfolio rationalization. Bloomberg: Uber exits Nigeria
• Negative Sentiment: European Uber drivers launched a class-action lawsuit over the company’s AI-based pay-setting system. The claims allege privacy violations and depressed driver earnings, creating potential legal costs, regulatory scrutiny and pressure on Uber’s labor model. The Guardian: Uber drivers launch European class action

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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