Uber Technologies (NYSE:UBER) Earns Buy Rating from Guggenheim

Key Points

• Guggenheim reaffirmed its Buy rating on Uber, setting a $125 price target—about 81% above the stock’s previous close. Analysts overall rate Uber a “Moderate Buy,” with a consensus target of $104.83.
• Uber reported quarterly adjusted EPS of $0.81, narrowly exceeding estimates, while revenue rose 12.2% year over year to $14.19 billion. However, third-quarter EPS guidance of $0.84–$0.88 fell below analysts’ expectations.
• Institutional ownership remains high at 80.24%, with major investors including Vanguard, Capital Research, Geode Capital and Norges Bank holding or increasing significant positions.

Uber Technologies (NYSE:UBER - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Guggenheim in a research note issued on Thursday,Benzinga reports. They currently have a $125.00 price objective on the ride-sharing company's stock. Guggenheim's price objective would suggest a potential upside of 80.91% from the stock's previous close.

UBER has been the topic of a number of other reports. Weiss Ratings downgraded Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, July 24th. JPMorgan Chase & Co. upped their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Thursday, May 7th. Citigroup reaffirmed a "market outperform" rating on shares of Uber Technologies in a report on Monday, June 22nd. DA Davidson set a $100.00 target price on shares of Uber Technologies in a research report on Thursday. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $104.83.

Uber Technologies Stock Up 1.3%

Shares of Uber Technologies stock traded up $0.92 during midday trading on Thursday, hitting $69.09. The company had a trading volume of 6,163,074 shares, compared to its average volume of 19,384,113. Uber Technologies has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average of $71.78 and a 200 day moving average of $73.82. The stock has a market capitalization of $140.65 billion, a P/E ratio of 17.23, a P/E/G ratio of 6.58 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business's revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts predict that Uber Technologies will post 2.99 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Uber Technologies

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Capital Research Global Investors grew its holdings in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC raised its position in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares during the period. Norges Bank bought a new stake in Uber Technologies in the fourth quarter worth about $2,515,094,000. Finally, Northern Trust Corp boosted its position in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock valued at $1,911,301,000 after buying an additional 297,132 shares during the period. 80.24% of the stock is owned by institutional investors.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Strong platform growth: Second-quarter gross bookings rose 24% year over year to approximately $58 billion, while trips increased 18% to 3.9 billion and monthly active platform consumers grew 16% to 208 million. Revenue increased 12.2% to $14.19 billion, and adjusted EPS of $0.81 narrowly exceeded the $0.80 consensus estimate. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Cash generation improved: Operating cash flow reached $2.9 billion, while trailing 12-month free cash flow surpassed $10 billion, supporting Uber’s ability to fund growth initiatives and acquisitions. Uber Q2 Revenue Rises 12%
• Positive Sentiment: Analyst support remains strong: Needham reaffirmed a Buy rating with a $109 price target, while Cantor Fitzgerald maintained Overweight with a $90 target, despite reducing its target from $98. Analyst Ratings
• Positive Sentiment: Autonomous-ride progress: Transport for London granted licenses for Wayve vehicles partnered with Uber to conduct supervised robotaxi rides, advancing Uber’s London commercialization plans. Wayve and Uber Move Closer to Autonomous Rides
• Neutral Sentiment: AI and delivery expansion: Uber says thousands of engineers now use advanced AI tools, with management emphasizing efficiency and lower costs per token. The company is also exploring drone delivery and expanding membership-focused hotel booking features, but the financial impact remains uncertain. Uber AI Efficiency
• Negative Sentiment: Guidance disappointed: Uber forecast third-quarter adjusted EPS of $0.84–$0.88, below the roughly $0.91 analyst estimate. Bookings guidance was also slightly below expectations, while foreign-exchange pressure and slower Brazil trip growth weigh on the outlook. Uber Third-Quarter Forecast
• Negative Sentiment: Higher strategic spending: Uber plans to invest more than $10 billion in autonomous vehicles and is pursuing a $14.8 billion Delivery Hero acquisition. Investors are concerned that robotaxi investment and deal-related funding could pressure Uber’s traditionally asset-light model and future margins. Uber Robotaxi Investment Plans

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber's principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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