Erste Group Bank Issues Negative Forecast for UBER Earnings

Uber Technologies, Inc. (NYSE:UBER - Free Report) - Equities researchers at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for shares of Uber Technologies in a report released on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now expects that the ride-sharing company will earn $4.41 per share for the year, down from their prior estimate of $4.42. The consensus estimate for Uber Technologies' current full-year earnings is $3.21 per share.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS.

Several other equities research analysts have also recently commented on the stock. Bank of America cut their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a research report on Tuesday, July 28th. Citigroup reaffirmed a "market outperform" rating on shares of Uber Technologies in a research note on Wednesday, October 7th. Piper Sandler reiterated an "overweight" rating on shares of Uber Technologies in a report on Thursday, August 13th. DA Davidson dropped their price target on Uber Technologies from $107.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Finally, Guggenheim reissued a "buy" rating on shares of Uber Technologies in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $103.11.

Uber Technologies Stock Down 0.2%

Shares of UBER stock opened at $71.35 on Wednesday. The firm has a fifty day moving average of $73.15 and a 200-day moving average of $72.91. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a 12-month low of $65.41 and a 12-month high of $100.35. The company has a market capitalization of $145.73 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 6.08 and a beta of 1.27.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 28,170 shares of the business's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the sale, the insider owned 149,525 shares of the company's stock, valued at $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the business's stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the transaction, the chief executive officer owned 1,367,100 shares of the company's stock, 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Jacobs & Co. CA increased its stake in Uber Technologies by 0.4% in the 3rd quarter. Jacobs & Co. CA now owns 150,963 shares of the ride-sharing company's stock valued at $10,342,000 after buying an additional 650 shares during the last quarter. ANB Bank boosted its stake in shares of Uber Technologies by 5.2% during the 3rd quarter. ANB Bank now owns 7,626 shares of the ride-sharing company's stock worth $522,000 after buying an additional 379 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI boosted its stake in shares of Uber Technologies by 0.6% during the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 232,191 shares of the ride-sharing company's stock worth $15,907,000 after buying an additional 1,273 shares during the last quarter. Argus Investors Counsel Inc. boosted its stake in shares of Uber Technologies by 2.9% during the 3rd quarter. Argus Investors Counsel Inc. now owns 13,742 shares of the ride-sharing company's stock worth $941,000 after buying an additional 392 shares during the last quarter. Finally, Atlas Brown Inc. grew its holdings in shares of Uber Technologies by 37.4% in the 3rd quarter. Atlas Brown Inc. now owns 10,120 shares of the ride-sharing company's stock valued at $693,000 after acquiring an additional 2,757 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

More Uber Technologies News

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

• Positive Sentiment: Uber Advertising selected TripleLift as its first U.S. offsite audience-expansion partner. The arrangement could help Uber monetize consumer data and extend advertising campaigns beyond its own apps, creating an additional higher-margin revenue stream. TripleLift Named First Partner for Uber Advertising's U.S. Offsite Audience Expansion
• Positive Sentiment: Uber Eats is expanding its retail-delivery network through a nationwide partnership with Sur La Table, offering rapid delivery of kitchenware. The deal supports Uber’s strategy of broadening beyond ride-hailing. Sur La Table Joins Uber Eats for U.S. Deliveries
• Positive Sentiment: Cantor Fitzgerald reaffirmed its “Overweight” rating and assigned a $90 price target, implying substantial potential upside from recent trading levels. A reported average analyst target of $103.11 also reflects bullish Wall Street expectations. Uber Stock Rating Reaffirmed by Cantor Fitzgerald
• Neutral Sentiment: Uber is reportedly acquiring corporate-catering platform ezCater for $2.3 billion in cash and increasing its delivery investments. The transaction could accelerate growth in Uber’s fastest-growing segment, but investors are weighing whether the expansion will generate sufficient cash flow and returns. Uber Is Betting Billions on Delivery
• Negative Sentiment: Sarfraz Maredia, Uber’s global head of autonomous mobility and delivery, will leave on November 16. His departure adds to leadership turnover in the robotaxi unit and may raise concerns about execution of Uber’s autonomous-vehicle strategy. Uber Robotaxi Leader to Depart Next Month
• Negative Sentiment: A new class-action lawsuit alleges that users were enrolled in recurring Uber One memberships without clear consent and faced difficult cancellation procedures. Although the claims remain allegations, potential legal costs, refunds, and reputational damage create an overhang. Uber One Enrollment Lawsuit

About Uber Technologies

Uber Technologies, Inc NYSE: UBER is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.

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