Research Analysts Set Expectations for UBER FY2025 Earnings

Uber Technologies, Inc. (NYSE:UBER - Free Report) - Analysts at Cantor Fitzgerald raised their FY2025 earnings estimates for Uber Technologies in a research note issued to investors on Thursday, May 8th. Cantor Fitzgerald analyst D. Mathivanan now expects that the ride-sharing company will earn $2.66 per share for the year, up from their prior estimate of $2.25. 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 earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.33. The business had revenue of $11.53 billion for the quarter, compared to the consensus estimate of $11.61 billion. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. The business's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.32) earnings per share.

Several other equities research analysts have also recently issued reports on the company. Benchmark restated a "hold" rating on shares of Uber Technologies in a report on Friday, January 31st. KeyCorp raised their price target on Uber Technologies from $80.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday. Piper Sandler reaffirmed an "overweight" rating and set a $87.00 price objective (up previously from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. DA Davidson increased their price objective on shares of Uber Technologies from $80.00 to $98.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Wedbush downgraded shares of Uber Technologies from an "outperform" rating to a "neutral" rating and boosted their target price for the company from $80.00 to $85.00 in a report on Thursday. Eleven investment analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $92.69.

Uber Technologies Price Performance

Shares of NYSE:UBER traded up $5.29 on Monday, reaching $88.10. 39,057,142 shares of the company were exchanged, compared to its average volume of 20,224,690. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. Uber Technologies has a 1-year low of $54.84 and a 1-year high of $88.35. The company has a 50-day moving average of $74.72 and a 200-day moving average of $71.48. The firm has a market cap of $184.23 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 0.89 and a beta of 1.43.

Institutional Trading of Uber Technologies

Institutional investors have recently bought and sold shares of the company. Avion Wealth raised its position in Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after acquiring an additional 218 shares in the last quarter. Transce3nd LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth $27,000. Fourth Dimension Wealth LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at $27,000. Kozak & Associates Inc. lifted its stake in shares of Uber Technologies by 155.9% in the 1st quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock valued at $27,000 after purchasing an additional 223 shares during the last quarter. Finally, Noble Wealth Management PBC bought a new stake in Uber Technologies in the first quarter worth $27,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now directly owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. This represents a 26.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $71.57, for a total value of $1,431,400.00. Following the sale, the senior vice president now owns 361,908 shares of the company's stock, valued at $25,901,755.56. The trade was a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 79,904 shares of company stock valued at $6,027,619. 3.84% of the stock is owned by corporate insiders.

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.