Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Barclays

Key Points

• Barclays cut its Uber price target from $106 to $100 but maintained an Overweight rating; the new target implies 46.11% upside from the prior close.
• Analyst sentiment remains broadly positive: Uber has a consensus “Moderate Buy” rating and an average price target of $102.50.
• Uber slightly beat quarterly earnings and revenue estimates, but its next-quarter EPS outlook was below consensus, while driver shortages and higher fuel costs could weigh on margins.

Uber Technologies (NYSE:UBER - Get Free Report) had its price target decreased by investment analysts at Barclays from $106.00 to $100.00 in a research report issued to clients and investors on Thursday. The firm currently has an "overweight" rating on the ride-sharing company's stock. Barclays's target price points to a potential upside of 46.11% from the company's previous close.

A number of other research analysts also recently weighed in on the company. Jefferies Financial Group raised their price target on Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Monday, August 10th. UBS Group dropped their price objective on Uber Technologies from $110.00 to $106.00 and set a "buy" rating on the stock in a research note on Monday. The Goldman Sachs Group reissued a "buy" rating and issued a $110.00 price objective (down from $115.00) on shares of Uber Technologies in a report on Thursday. Roth Capital decreased their target price on shares of Uber Technologies from $105.00 to $100.00 and set a "buy" rating for the company in a research note on Monday, August 10th. Finally, Wells Fargo & Company dropped their price target on shares of Uber Technologies from $92.00 to $87.00 and set an "overweight" rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $102.50.

Uber Technologies Stock Down 2.0%

NYSE:UBER traded down $1.43 on Thursday, hitting $68.44. 13,930,455 shares of the company's stock were exchanged, compared to its average volume of 18,972,723. The firm has a 50-day moving average price of $70.50 and a 200-day moving average price of $73.18. Uber Technologies has a 52 week low of $64.04 and a 52 week high of $95.18. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $139.79 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 6.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. The company had revenue of $14.77 billion during the quarter, compared to analysts' expectations of $14.66 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. Uber Technologies's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $3.11 EPS. As a group, analysts expect that Uber Technologies will post 3.20 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In related news, insider Andrew Macdonald acquired 70,000 shares of the firm's stock in a transaction on Friday, September 4th. The shares were purchased at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the acquisition, the insider directly owned 426,320 shares in the company, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the transaction, the insider directly owned 149,525 shares in the company, valued at $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.81% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UBER. Avion Wealth grew its stake in shares of Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock valued at $70,000 after buying an additional 145 shares during the last quarter. Frazier Financial Advisors LLC increased its stake in Uber Technologies by 8.5% in the 1st quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company's stock worth $140,000 after purchasing an additional 152 shares during the period. Cornerstone Planning Group LLC lifted its position in Uber Technologies by 10.6% in the second quarter. Cornerstone Planning Group LLC now owns 1,624 shares of the ride-sharing company's stock valued at $114,000 after purchasing an additional 155 shares during the last quarter. CFS Investment Advisory Services LLC lifted its position in Uber Technologies by 6.1% in the first quarter. CFS Investment Advisory Services LLC now owns 2,733 shares of the ride-sharing company's stock valued at $211,000 after purchasing an additional 156 shares during the last quarter. Finally, Canopy Partners LLC boosted its stake in shares of Uber Technologies by 1.8% during the third quarter. Canopy Partners LLC now owns 8,605 shares of the ride-sharing company's stock valued at $590,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds 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: Uber reported third-quarter gross bookings growth of 20% and adjusted EPS of $0.88, slightly ahead of estimates. Trailing 12-month free cash flow reached $10.4 billion, supporting the view that the underlying business remains strong. Article: Uber: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Amazon selected Uber Eats as its restaurant-delivery partner for Prime members, making Uber Eats available through Amazon’s app and website. The deal could expand customer reach and delivery volume. Article: Amazon ditches Grubhub, taps Uber Eats for Prime
• Neutral Sentiment: Several analysts maintained Buy/Overweight or Outperform ratings, but some reduced price targets after results. KeyCorp cut its target to $95 and Needham to $100, while retaining bullish ratings—reflecting optimism about long-term potential alongside caution on near-term execution.
• Negative Sentiment: Management’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus cited in coverage. Driver shortages, particularly in Brazil and India, and elevated fuel costs are prompting higher driver incentives and could pressure margins; mobility results also lagged expectations. Article: Uber CEO warns riders could pay more as fuel costs squeeze driver supply
• Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, allowing customers to book rides through Waymo’s own app. The change is a longer-term competitive risk, though it does not end Uber’s broader autonomous-vehicle strategy. Article: Waymo confirms it will split with Uber in January 2028

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber's Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.

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