Uber Technologies' (UBER) "Overweight" Rating Reaffirmed at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald reiterated its Overweight rating on Uber and maintained a $90 price target, implying 28.65% upside from the share price cited in the article.
• Analyst sentiment was broadly positive: Uber had a “Moderate Buy” consensus rating and an average price target of $102.49.
• Uber reported quarterly EPS of $0.88, beating the $0.86 consensus, while revenue of $14.77 billion exceeded estimates and rose 9.6% year over year.

Uber Technologies (NYSE:UBER - Get Free Report)'s stock had its "overweight" rating reiterated by equities researchers at Cantor Fitzgerald in a research note issued to investors on Thursday, Benzinga reports. They currently have a $90.00 target price on the ride-sharing company's stock. Cantor Fitzgerald's target price would indicate a potential upside of 28.65% from the company's current price.

Several other equities research analysts have also weighed in on UBER. The Goldman Sachs Group restated a "buy" rating and set a $110.00 price target on shares of Uber Technologies in a research report on Thursday. Bank of America decreased their price objective on Uber Technologies from $104.00 to $103.00 and set a "buy" rating for the company in a report on Tuesday, July 28th. 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. Scotiabank started coverage on Uber Technologies in a research report on Wednesday, September 9th. They set a "sector outperform" rating and a $100.00 price objective for the company. Finally, Piper Sandler restated an "overweight" rating on shares of Uber Technologies in a report on Thursday, August 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.49.

Uber Technologies Stock Performance

Shares of UBER opened at $69.95 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies has a one year low of $64.04 and a one year high of $95.44. The company has a 50-day simple moving average of $70.50 and a two-hundred day simple moving average of $73.18. The firm has a market capitalization of $142.89 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 6.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.02. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The firm had revenue of $14.77 billion for the quarter, compared to the consensus estimate of $14.66 billion. During the same quarter in the prior year, the business earned $3.11 EPS. The business's revenue for the quarter was up 9.6% on a year-over-year basis. On average, analysts anticipate that Uber Technologies will post 3.20 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, CEO Dara Khosrowshahi purchased 141,000 shares of the company's stock in a transaction dated Thursday, September 10th. The shares were purchased at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares in the company, valued at $97,009,416. This trade represents a 11.50% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrew Macdonald purchased 70,000 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was bought 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. The trade was a 19.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company's stock.

Institutional Investors Weigh In On Uber Technologies

A number of institutional investors have recently modified their holdings of the stock. Public Investment Fund bought a new stake in Uber Technologies during the 2nd quarter valued at about $5,256,173,439. Legal & General Group Plc purchased a new position in Uber Technologies in the second quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies in the second quarter worth approximately $752,151,000. Fundsmith LLP bought a new position in shares of Uber Technologies in the second quarter worth approximately $645,338,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Uber Technologies during the second quarter valued at approximately $426,727,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

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 non-GAAP EPS of $0.88, slightly above estimates; non-GAAP operating income also rose 38%. The sharp decline in GAAP profit largely reflects unusual investment and tax-related comparisons, rather than a similar drop in core operating performance. Uber Q3 earnings
• Positive Sentiment: Amazon selected Uber Eats as its U.S. restaurant-delivery partner for Prime members. Orders through Amazon’s website and app could expand Uber Eats’ reach, although the financial contribution has not been disclosed. Amazon partnership article
• Neutral Sentiment: Uber is targeting about 700 fully driverless vehicles on its network by year-end and more than 2,000 in 2027, offering a potential long-term growth avenue. However, AI-agent ordering remains negligible so far—504 orders and rides against roughly 320 million weekly transactions. Long-term investor takeaways
• Negative Sentiment: Fourth-quarter adjusted EPS guidance of $0.95–$0.99 falls short of the roughly $1.06 analyst estimate. Driver shortages and higher fuel costs, especially in India and Brazil, are prompting more driver incentives and potentially higher rider prices, which could weigh on growth or margins. Reuters earnings outlook article
• Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, creating a future competitive risk in those markets. Waymo partnership article

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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