Equities Analysts Issue Forecasts for UBER FY2026 Earnings

Uber Technologies, Inc. (NYSE:UBER - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Uber Technologies in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan anticipates that the ride-sharing company will earn $3.19 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $80.00 target price on the stock. The consensus estimate for Uber Technologies' current full-year earnings is $2.54 per share.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.33. The company had revenue of $11.53 billion for the quarter, compared to analysts' expectations of $11.61 billion. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.32) earnings per share.

A number of other brokerages have also recently issued reports on UBER. Raymond James lifted their price target on shares of Uber Technologies from $95.00 to $100.00 and gave the company a "strong-buy" rating in a research report on Thursday, May 8th. The Goldman Sachs Group lifted their target price on shares of Uber Technologies from $96.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Truist Financial boosted their price target on Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Thursday, March 6th. JMP Securities reaffirmed a "market perform" rating on shares of Uber Technologies in a research report on Thursday, May 15th. Finally, JPMorgan Chase & Co. boosted their target price on Uber Technologies from $92.00 to $105.00 and gave the stock an "overweight" rating in a report on Tuesday, May 20th. Twelve equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and an average target price of $94.39.

Uber Technologies Stock Down 2.1%

Shares of UBER stock traded down $1.81 during mid-day trading on Tuesday, reaching $83.81. 17,974,278 shares of the company's stock traded hands, compared to its average volume of 20,762,339. The company's 50-day moving average price is $81.81 and its 200-day moving average price is $73.89. The company has a market cap of $175.26 billion, a P/E ratio of 18.38, a P/E/G ratio of 0.89 and a beta of 1.38. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies has a 12 month low of $54.84 and a 12 month high of $93.60.

Institutional Trading of Uber Technologies

Hedge funds have recently bought and sold shares of the stock. Capital Research Global Investors lifted its position in shares of Uber Technologies by 79.0% during the 4th quarter. Capital Research Global Investors now owns 118,131,681 shares of the ride-sharing company's stock valued at $7,125,728,000 after buying an additional 52,125,476 shares in the last quarter. Pershing Square Capital Management L.P. bought a new stake in Uber Technologies during the 1st quarter worth approximately $2,207,743,000. Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at approximately $1,467,754,000. Boston Partners bought a new position in shares of Uber Technologies in the fourth quarter worth approximately $381,057,000. Finally, Pacer Advisors Inc. increased its stake in shares of Uber Technologies by 2,571.2% in the first quarter. Pacer Advisors Inc. now owns 6,498,167 shares of the ride-sharing company's stock worth $473,456,000 after purchasing an additional 6,254,898 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $86.03, for a total value of $3,001,070.52. Following the transaction, the insider now directly owns 102,135 shares in the company, valued at approximately $8,786,674.05. This trade represents a 25.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of Uber Technologies stock in a transaction on Monday, May 5th. The stock was sold at an average price of $85.00, for a total transaction of $233,750.00. Following the transaction, the chief financial officer now owns 21,063 shares in the company, valued at $1,790,355. This represents a 11.55% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,384 shares of company stock valued at $3,441,071. 3.84% of the stock is owned by company insiders.

Uber Technologies Company Profile

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.