Uber Technologies, Inc. (NYSE:UBER - Get Free Report) traded down 2% on Friday . The company traded as low as $69.02 and last traded at $69.8260. 26,472,406 shares traded hands during trading, an increase of 17% from the average session volume of 22,643,705 shares. The stock had previously closed at $71.22.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. BNP Paribas Exane began coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They issued an "outperform" rating and a $108.00 price objective on the stock. Barclays dropped their price target on shares of Uber Technologies from $110.00 to $107.00 and set an "overweight" rating for the company in a research report on Wednesday, November 5th. Jefferies Financial Group restated a "buy" rating on shares of Uber Technologies in a report on Wednesday, January 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Uber Technologies in a report on Monday, December 29th. Finally, Citigroup cut their target price on Uber Technologies from $120.00 to $110.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and an average target price of $104.89.
Check Out Our Latest Stock Report on UBER
Uber Technologies Trading Down 2.0%
The company's 50 day simple moving average is $81.74 and its 200 day simple moving average is $89.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. The firm has a market cap of $145.09 billion, a price-to-earnings ratio of 14.83, a P/E/G ratio of 6.50 and a beta of 1.21.
Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. During the same quarter last year, the business posted $3.21 earnings per share. The company's revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
Insider Activity at Uber Technologies
In other news, insider Tony West sold 3,125 shares of the business's stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares of the company's stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 9,375 shares of company stock worth $799,875 over the last three months. Insiders own 3.84% of the company's stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brant Point Investment Management LLC purchased a new position in Uber Technologies during the 2nd quarter worth $933,000. Spirepoint Private Client LLC boosted its holdings in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company's stock valued at $7,331,000 after acquiring an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new position in shares of Uber Technologies during the third quarter worth about $1,538,000. Transcendent Capital Group LLC acquired a new position in shares of Uber Technologies during the third quarter worth about $1,859,000. Finally, Munro Partners purchased a new position in Uber Technologies during the second quarter worth about $96,294,000. Institutional investors and hedge funds own 80.24% of the company's stock.
Uber Technologies Company Profile
(
Get Free Report)
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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