Uber Technologies' (UBER) Buy Rating Reiterated at Guggenheim

Key Points

• Guggenheim reaffirmed its Buy rating on Uber and set a $125 price target, implying 82.35% upside from the cited share price.
• Analyst sentiment is broadly positive: MarketBeat reports a consensus “Moderate Buy” rating and an average price target of $102.22.
• Uber’s latest quarter slightly beat estimates, with EPS of $0.88 versus $0.86 expected and revenue of $14.77 billion versus $14.66 billion; shares fell 1.9% on Thursday to $68.55.

Uber Technologies (NYSE:UBER - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Guggenheim in a research note issued on Thursday, Benzinga reports. They currently have a $125.00 price target on the ride-sharing company's stock. Guggenheim's price target would indicate a potential upside of 82.35% from the stock's current price.

Several other equities research analysts have also weighed in on UBER. Citigroup restated a "market outperform" rating on shares of Uber Technologies in a research report on Wednesday, October 7th. Barclays decreased their price objective on Uber Technologies from $107.00 to $106.00 and set an "overweight" rating for the company in a report on Thursday, August 6th. Wells Fargo & Company reissued an "overweight" rating and set a $87.00 price objective on shares of Uber Technologies in a research report on Thursday. Benchmark restated a "hold" rating on shares of Uber Technologies in a report on Monday, July 20th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Uber Technologies in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.22.

Uber Technologies Trading Down 1.9%

Uber Technologies stock traded down $1.32 during trading hours on Thursday, reaching $68.55. The company had a trading volume of 10,797,041 shares, compared to its average volume of 18,954,344. 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 50-day moving average price of $70.50 and a 200 day moving average price of $73.18. The firm has a market cap of $140.01 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 6.37 and a beta of 1.33. Uber Technologies has a 12-month low of $64.04 and a 12-month high of $95.18.

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

Insiders Place Their Bets

In related news, insider Andrew Macdonald purchased 70,000 shares of the firm's stock in a transaction on Friday, September 4th. The shares were acquired at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the business's stock in a transaction on Thursday, September 10th. The shares were purchased at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the acquisition, the chief executive officer directly owned 1,367,100 shares in the company, valued at $97,009,416. This represents a 11.50% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.81% of the company's stock.

Hedge Funds Weigh In On Uber Technologies

A number of institutional investors and hedge funds have recently modified their holdings of UBER. Pictet Asset Management Holding SA lifted its position in shares of Uber Technologies by 2.9% in the third quarter. Pictet Asset Management Holding SA now owns 3,342,977 shares of the ride-sharing company's stock valued at $229,027,000 after acquiring an additional 94,508 shares in the last quarter. Formidable Asset Management LLC increased its position in Uber Technologies by 5.2% in the third quarter. Formidable Asset Management LLC now owns 24,653 shares of the ride-sharing company's stock worth $1,779,000 after purchasing an additional 1,222 shares during the last quarter. Guidance Capital Inc. boosted its stake in shares of Uber Technologies by 2.3% during the 3rd quarter. Guidance Capital Inc. now owns 16,387 shares of the ride-sharing company's stock worth $1,093,000 after purchasing an additional 376 shares during the period. International Assets Investment Management LLC boosted its position in shares of Uber Technologies by 279.5% during the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the ride-sharing company's stock valued at $2,740,000 after buying an additional 29,460 shares during the period. Finally, Kestra Private Wealth Services LLC grew its holdings in shares of Uber Technologies by 4.8% in the third quarter. Kestra Private Wealth Services LLC now owns 182,404 shares of the ride-sharing company's stock worth $12,496,000 after purchasing an additional 8,392 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies News Summary

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

About Uber Technologies

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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