Equities Analysts Offer Predictions for UBER FY2025 Earnings

Key Points

• Cantor Fitzgerald has increased its FY2025 earnings forecast for Uber to $2.78 per share, slightly above the previous estimate of $2.77, and maintains an "Overweight" rating with a price objective of $106.00.
• In the latest quarterly earnings report, Uber reported $0.63 EPS, surpassing the consensus estimate, and saw an 18.2% year-over-year revenue growth with total revenue of $12.65 billion.
• Despite recent insider selling transactions, institutional investors own approximately 80.24% of Uber's stock, indicating strong institutional support.

Uber Technologies, Inc. (NYSE:UBER - Free Report) - Research analysts at Cantor Fitzgerald upped their FY2025 earnings estimates for Uber Technologies in a note issued to investors on Monday, October 20th. Cantor Fitzgerald analyst D. Mathivanan now forecasts that the ride-sharing company will post earnings of $2.78 per share for the year, up from their prior estimate of $2.77. Cantor Fitzgerald currently has a "Overweight" rating and a $106.00 price objective 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 announced its quarterly earnings results on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. The company had revenue of $12.65 billion during the quarter, compared to analyst estimates of $12.45 billion. Uber Technologies had a net margin of 26.68% and a return on equity of 59.96%. The firm's revenue was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 EPS.

Other analysts also recently issued reports about the company. Susquehanna increased their target price on Uber Technologies from $100.00 to $105.00 and gave the stock a "positive" rating in a report on Thursday, August 7th. Canaccord Genuity Group reissued a "hold" rating and issued a $84.00 price target (down from $90.00) on shares of Uber Technologies in a research note on Friday, June 27th. KeyCorp lifted their price target on shares of Uber Technologies from $90.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Uber Technologies in a research report on Tuesday, October 14th. Finally, Wall Street Zen downgraded shares of Uber Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $105.68.

Uber Technologies Stock Performance

UBER opened at $93.73 on Tuesday. Uber Technologies has a 12-month low of $59.33 and a 12-month high of $101.99. The stock has a market cap of $195.46 billion, a price-to-earnings ratio of 15.97 and a beta of 1.48. The business has a 50 day moving average of $95.28 and a 200-day moving average of $88.93. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.41.

Institutional Investors Weigh In On Uber Technologies

A number of institutional investors and hedge funds have recently modified their holdings of UBER. Foster Group Inc. raised its position in shares of Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company's stock worth $330,000 after purchasing an additional 107 shares during the last quarter. Dumont & Blake Investment Advisors LLC grew its position in Uber Technologies by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company's stock valued at $879,000 after acquiring an additional 115 shares in the last quarter. Warren Street Wealth Advisors LLC grew its stake in Uber Technologies by 5.0% during the 3rd quarter. Warren Street Wealth Advisors LLC now owns 2,554 shares of the ride-sharing company's stock worth $250,000 after purchasing an additional 122 shares in the last quarter. Nova Wealth Management Inc. lifted its position in shares of Uber Technologies by 41.0% during the 1st quarter. Nova Wealth Management Inc. now owns 430 shares of the ride-sharing company's stock worth $31,000 after purchasing an additional 125 shares during the last quarter. Finally, Atticus Wealth Management LLC increased its stake in Uber Technologies by 39.8% in the second quarter. Atticus Wealth Management LLC now owns 446 shares of the ride-sharing company's stock valued at $42,000 after purchasing an additional 127 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 31,250 shares of Uber Technologies stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $96.42, for a total transaction of $3,013,125.00. Following the completion of the transaction, the insider directly owned 86,531 shares of the company's stock, valued at approximately $8,343,319.02. The trade was a 26.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $99.42, for a total transaction of $273,405.00. Following the completion of the transaction, the chief financial officer owned 22,528 shares in the company, valued at $2,239,733.76. This represents a 10.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 604,946 shares of company stock worth $58,950,116 in the last ninety days. Corporate insiders own 3.70% of the company's stock.

About Uber Technologies

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.

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