Uber Technologies (NYSE:UBER) Price Target Raised to $107.00

Key Points

• DA Davidson raised its price target to $107 (from $105) and retained a "buy" rating, implying roughly a 35% upside from the previous close.
• Q1 results showed an EPS beat and strong bookings/trips (adjusted EPS $0.72 vs. $0.71 est.; revenue $13.20B slightly below consensus), and management issued upbeat Q2 gross-bookings and EPS guidance that helped drive a rally.
• Consensus remains positive: "Moderate Buy" with an average target ≈ $105, and the stock jumped about 8.6% to $79.24 on heavy volume; market cap is roughly $162B with a P/E near 16.8.

Uber Technologies (NYSE:UBER - Get Free Report) had its price target lifted by analysts at DA Davidson from $105.00 to $107.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the ride-sharing company's stock. DA Davidson's price target would indicate a potential upside of 35.03% from the stock's previous close.

Other analysts also recently issued research reports about the stock. Wedbush reduced their price target on shares of Uber Technologies from $78.00 to $75.00 and set a "neutral" rating for the company in a research report on Thursday, February 5th. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a research note on Thursday, February 5th. KeyCorp lowered their target price on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 20th. Morgan Stanley lowered their price objective on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $105.00 price objective on shares of Uber Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $105.17.

Uber Technologies Stock Up 8.6%

UBER traded up $6.29 during midday trading on Wednesday, hitting $79.24. The company had a trading volume of 35,751,340 shares, compared to its average volume of 18,977,471. Uber Technologies has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a market capitalization of $161.89 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 6.77 and a beta of 1.16. The stock's 50 day moving average price is $74.06 and its 200 day moving average price is $80.91. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.01. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the business earned $0.83 EPS. The firm's revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies will post 3.34 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company's stock, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company's stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in UBER. Sage Rhino Capital LLC grew its stake in Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company's stock worth $268,000 after purchasing an additional 110 shares during the period. Quent Capital LLC grew its stake in shares of Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company's stock worth $343,000 after acquiring an additional 111 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company's stock worth $627,000 after acquiring an additional 111 shares during the last quarter. Emergent Wealth Advisors LLC boosted its position in shares of Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company's stock valued at $1,701,000 after buying an additional 114 shares during the last quarter. Finally, Realta Investment Advisors boosted its position in shares of Uber Technologies by 2.9% during the third quarter. Realta Investment Advisors now owns 4,018 shares of the ride-sharing company's stock valued at $394,000 after buying an additional 115 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Q1 earnings topped consensus (adjusted EPS $0.72 vs. ~$0.71) and management highlighted strong trips and gross bookings that beat guidance — the core beat/metrics drove the rally. Uber Q1 2026 Earnings Call Summary
• Positive Sentiment: Gross bookings and trips showed robust growth (gross bookings reported ~$53.7B, trips +20% in some reports), signaling demand resilience across mobility and delivery. Why Uber stock is surging? Wall Street cheers blockbuster bookings and bullish outlook
• Positive Sentiment: Company issued Q2 gross-bookings guidance ($56.25B–$57.75B) above street estimates, which reassures investors on near-term growth momentum despite geopolitical noise. Uber forecasts strong second-quarter bookings despite Middle East woes
• Positive Sentiment: Strategic partnerships and expansion in higher‑margin grocery/delivery (Ahold Delhaize rollout, Uber One adoption hitting ~50M members) underpin delivery revenue durability and monetization. Ahold Delhaize & Uber Eats Expand Partnership
• Neutral Sentiment: Robotaxi/EV supply deals (large Rivian-related orders/funding involvement) are long-term positives for Uber’s autonomous ambitions but add uncertainty on capex and timing. Uber Just Ordered 10,000 Rivian Robotaxis
• Neutral Sentiment: Management is prioritizing AI investment and slowing hiring — this may improve productivity and margins over time but is an execution variable to monitor. Uber CEO says the company is slowing hiring as it invests in AI
• Negative Sentiment: Revenue for Q1 (~$13.2B) slightly missed some analyst estimates, and Uber disclosed the Middle East conflict is a modest (~60bp) drag — risks to growth remain regionally concentrated. Uber hit by Middle East conflict despite strong bookings
• Negative Sentiment: Legal and regulatory risks (ongoing litigation and jury verdict headlines) and the cost of autonomous/robotaxi investments could pressure margins if execution or outcomes slip. Uber Jury Verdict Puts Legal Risks Beside Valuation Upside

Uber Technologies Company Profile

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.

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