Uber Technologies (NYSE:UBER) Price Target Raised to $110.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan raised its price target on Uber to $110 and kept an "overweight" rating, implying roughly a 43% upside from current levels.
• Uber beat Q1 adjusted EPS ($0.72 vs. $0.69) and reported strong gross bookings, though revenue modestly missed estimates at $13.20B; management guided Q2 EPS to $0.78–$0.82.
• The analyst consensus is a "Moderate Buy" with an average price target of $105.40, and insider activity included CFO Balaji Krishnamurthy buying 22,453 shares at about $71.25.

Uber Technologies (NYSE:UBER - Get Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from $105.00 to $110.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the ride-sharing company's stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 43.11% from the company's current price.

A number of other research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Stifel Nicolaus dropped their target price on shares of Uber Technologies from $122.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday, January 27th. DA Davidson increased their target price on shares of Uber Technologies from $105.00 to $107.00 and gave the company a "buy" rating in a report on Wednesday. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. Finally, BNP Paribas Exane initiated coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They issued an "outperform" rating and a $108.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $105.40.

Uber Technologies Price Performance

Uber Technologies stock traded down $2.30 during mid-day trading on Thursday, reaching $76.87. The company had a trading volume of 21,249,892 shares, compared to its average volume of 18,986,744. Uber Technologies has a 1 year low of $68.46 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $157.03 billion, a P/E ratio of 16.32, a P/E/G ratio of 6.72 and a beta of 1.16. The stock's 50-day simple moving average is $74.06 and its 200-day simple moving average is $80.91.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. During the same period last year, the company posted $0.83 earnings per share. The firm's quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts predict that Uber Technologies will post 3.32 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Balaji (A) Krishnamurthy acquired 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 completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated 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 sale, the senior vice president owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.81% of the company's stock.

Institutional Investors Weigh In On Uber Technologies

Hedge funds have recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the third quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the 4th quarter valued at $25,000. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth $25,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter worth $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies News Roundup

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

• Positive Sentiment: Q1 results and upbeat June‑quarter bookings guide — Uber beat on adjusted EPS and reported strong gross bookings ($53.7B); management guided Q2 bookings above Street estimates, which underpinned optimism about demand recovery across rides and delivery. Uber Announces Results for First Quarter 2026
• Positive Sentiment: Retail and grocery expansion widen delivery TAM — New nationwide Uber Eats partnership with Ulta Beauty (plus expanded grocery ties like Ahold Delhaize) increases on‑demand retail inventory and membership usefulness (Uber One), supporting higher‑margin delivery growth. Uber Eats and Ulta Beauty Team Up
• Positive Sentiment: Analyst support and target upgrades — Several firms (Needham, DA Davidson and others) have maintained Buy ratings or raised price targets after the quarter, reflecting confidence in the platform strategy and margin progress. Analyst Notes on Uber
• Neutral Sentiment: Robotaxi and AV roadmap remain a long‑term optionality — CEO commentary and partnerships (Rivian/Nuro etc.) highlight sizeable self‑driving upside, but commercialization timing and capital intensity keep this as a multi‑year, uncertain catalyst. CEO on Self-Driving Opportunity
• Negative Sentiment: Mixed headline metrics and profit‑taking — Revenue marginally missed consensus and management flagged a ~60bp drag from the Middle East conflict; combined with some price‑target cuts (Goldman) and traders locking in post‑earnings gains, this is pressuring the stock today. Wall Street Splits on Uber

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.

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