Uber Technologies (NYSE:UBER) Shares Up 1.9% - Still a Buy?

Key Points

• Uber shares rose 1.9% to about $69.44, but remained below their 50- and 200-day moving averages near $73.29.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $103.03, supported by potential robotaxi growth, delivery expansion and attractive valuation.
• Key risks include autonomous vehicles potentially bypassing Uber, rising insurance reserves of $13.286 billion, and execution and financial uncertainty surrounding the Delivery Hero transaction.

Uber Technologies, Inc. (NYSE:UBER - Get Free Report) rose 1.9% during trading on Tuesday. The company traded as high as $69.89 and last traded at $69.4390. 14,652,163 shares were traded during mid-day trading, a decline of 24% from the average session volume of 19,240,002 shares. The stock had previously closed at $68.16.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Robotaxi opportunity could expand Uber’s market. BNP Paribas set a $106 price target, arguing that autonomous rides could eventually cost less than half of human-driven trips. Lower prices could stimulate demand, expand the addressable market, and allow Uber to benefit as a platform without bearing the full cost of operating autonomous fleets. Robotaxis Could Cost Less Than Half of Uber’s Human-Driven Rides, and Analyst Says Uber Can Cash In
• Positive Sentiment: Valuation is attracting bullish investors. Commentary from Seeking Alpha and The Motley Fool frames the recent pullback as a potential buying opportunity. Bill Ackman’s Pershing Square reportedly has a substantial Uber position, while Uber also appears in trading disclosures linked to Nancy Pelosi’s spouse. Supporters point to the company’s earnings power, growth opportunities, and valuation as reasons for potential long-term upside. Bill Ackman Has 13% of His Hedge Fund in Uber
• Positive Sentiment: Delivery expansion could add another growth engine. Uber has launched its approximately $14.8 billion tender offer related to Delivery Hero, potentially strengthening its global delivery operations, although the transaction also increases execution and financial risks. Uber Launches Its $14.8 Billion Delivery Hero Tender
• Neutral Sentiment: Management’s demanding work culture is back in focus. Reports that CEO Dara Khosrowshahi expects employees to respond to weekend emails may reinforce perceptions of an execution-focused organization, but the issue has limited direct implications for near-term financial results. Uber CEO Dara Khosrowshahi Sends Follow-Up Emails
• Negative Sentiment: Investors remain concerned about autonomous-vehicle disruption. Analysts warn that robotaxis could eventually bypass or weaken Uber’s role as an intermediary if operators build their own customer relationships and platforms. Uber: The Road to Disintermediation
• Negative Sentiment: Insurance reserves and deal risks weigh on the outlook. Uber’s insurance reserves rose to $13.286 billion at June 30, 2026, from $12.463 billion at year-end 2025. Investors are evaluating whether stronger operating cash flow can keep pace with claims exposure, while legal liabilities and the Delivery Hero deal add uncertainty. Uber Has a Growing Insurance Bill

Wall Street Analyst Weigh In

Several analysts have weighed in on UBER shares. Tigress Financial lifted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, June 12th. Scotiabank started coverage on shares of Uber Technologies in a research report on Wednesday, September 9th. They set a "sector outperform" rating and a $100.00 target price on the stock. Piper Sandler reaffirmed an "overweight" rating on shares of Uber Technologies in a report on Thursday, August 13th. Citizens Jmp reiterated a "market outperform" rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, August 25th. Finally, Rosenblatt Securities initiated coverage on Uber Technologies in a research note on Tuesday, September 1st. They issued a "buy" rating and a $100.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $103.03.

Uber Technologies Stock Up 1.9%

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market capitalization of $141.83 billion, a P/E ratio of 15.26, a P/E/G ratio of 5.67 and a beta of 1.16. The firm has a 50-day simple moving average of $73.28 and a 200 day simple moving average of $73.29.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. Uber Technologies's revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 3.35 EPS for the current year.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the sale, the insider directly owned 149,525 shares in the company, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This represents a 11.50% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Uber Technologies

Large investors have recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. lifted its stake in shares of Uber Technologies by 3.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock valued at $395,000 after purchasing an additional 139 shares during the last quarter. Stonebrook Private Inc. boosted its holdings in Uber Technologies by 6.1% in the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company's stock worth $203,000 after purchasing an additional 143 shares in the last quarter. Avion Wealth increased its position in Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock worth $70,000 after buying an additional 145 shares during the last quarter. Capital Advisors Ltd. LLC raised its holdings in Uber Technologies by 15.8% during the first quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company's stock valued at $78,000 after buying an additional 147 shares in the last quarter. Finally, Ariadne Wealth Management LP raised its holdings in Uber Technologies by 4.2% during the fourth quarter. Ariadne Wealth Management LP now owns 3,760 shares of the ride-sharing company's stock valued at $307,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

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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