Uber Technologies, Inc. (UBER) - What Are Brokerages Thinking About This Stock?

Key Points

• Analysts are broadly positive but divided on upside: The article reports a “Moderate Buy” consensus, with 44 of 53 analysts rating Uber a buy and an average one-year price target of $101.82; some brokerages have recently trimmed targets.
• Recent results showed continued growth: Uber posted $14.77 billion in quarterly revenue, up 9.6% year over year, and adjusted earnings of $0.88 per share, slightly above estimates. Gross bookings grew 20%, and free cash flow was strong.
• Growth opportunities come with risks: Amazon’s Prime delivery partnership could boost Uber Eats, while driver shortages and higher fuel costs may pressure Mobility growth; the sharp decline in year-over-year GAAP earnings has also drawn investor attention.

Uber Technologies, Inc. (NYSE:UBER - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fifty-three research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, forty-four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $101.82.

Several equities analysts have recently issued reports on the company. Bank of America reduced their price objective on Uber Technologies from $104.00 to $103.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. Moffett Nathanson lifted their price objective on shares of Uber Technologies from $92.00 to $101.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Piper Sandler reissued an "overweight" rating and issued a $100.00 price objective (down from $110.00) on shares of Uber Technologies in a research note on Thursday, August 13th. Daiwa Securities Group decreased their price objective on shares of Uber Technologies from $80.00 to $72.00 and set a "neutral" rating on the stock in a research report on Thursday, August 6th. Finally, Roth Capital decreased their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a "buy" rating on the stock in a research report on Monday, August 10th.

Uber Technologies News Roundup

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

• Positive Sentiment: Amazon is adding Uber Eats restaurant delivery to its U.S. Prime experience, including $0 delivery fees on qualifying orders of $25 or more. The partnership could expand Uber Eats’ reach and order volume. Amazon adds Uber food delivery perks for Prime subscribers
• Positive Sentiment: Uber reported Q3 revenue of $14.77 billion, gross bookings growth of 20%, and strong free cash flow. Adjusted earnings also edged past estimates, supporting the view that the underlying business is still growing. Uber: 3 key takeaways for long-term investors
• Neutral Sentiment: Analyst views remain divided. Wedbush reiterated Outperform and Guggenheim maintained Buy, while several firms lowered price targets; Canaccord’s $70 target and Hold rating are close to the share price. Wedbush reaffirms Outperform
• Negative Sentiment: Some analysts cut targets after the results, including Barclays ($106 to $100), KeyCorp ($105 to $95), and Canaccord ($72 to $70). These revisions may reinforce concerns about valuation and near-term upside. Analyst price-target updates
• Negative Sentiment: Uber’s CEO cited driver shortages and higher fuel costs in some international markets, which could raise incentives and constrain Mobility growth. The sharp year-over-year drop in GAAP net income has also drawn attention, despite stronger operating metrics. Uber CEO reveals a driver-supply problem
• Negative Sentiment: Commentary questioning whether expectations for future robotaxis are already reflected in Uber’s valuation adds another source of investor caution. Uber: The market is pricing tomorrow’s robotaxis into today’s earnings

Uber Technologies Stock Performance

NYSE:UBER opened at $68.63 on Friday. The stock has a market capitalization of $140.18 billion, a P/E ratio of 40.61, a P/E/G ratio of 6.38 and a beta of 1.33. Uber Technologies has a 12-month low of $64.04 and a 12-month high of $95.18. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average price of $70.14 and a 200 day moving average price of $73.03.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS 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 earnings per share. The company's revenue was up 9.6% compared to the same quarter last year. Equities research analysts forecast that Uber Technologies will post 3.14 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, insider Andrew Macdonald acquired 70,000 shares of Uber Technologies stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the purchase, the insider directly owned 426,320 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Dara Khosrowshahi bought 141,000 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This trade represents a 11.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company's stock.

Institutional Investors Weigh In On Uber Technologies

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

About Uber Technologies

Uber Technologies, Inc operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats.

The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber's platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.

Founded in San Francisco in 2009 as UberCab, the company expanded from ride-hailing into delivery and freight.

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