Uber Technologies (NYSE:UBER) Trading 5.8% Higher on Analyst Upgrade

Key Points

• Uber shares rose 5.8% after Tigress Financial upgraded the stock from buy to moderate buy. The stock traded as high as $73.48 on volume above its daily average.
• Wall Street remains broadly positive on Uber, with multiple firms issuing buy or outperform ratings and an average target price of about $104.97. The consensus view is Moderate Buy.
• Recent commentary highlights Uber’s strong operating momentum, including growth in trips, monthly active consumers, and Uber One membership. However, the stock still faces pressure from valuation concerns and execution risk around autonomy and robotaxi plans.

Shares of Uber Technologies, Inc. (NYSE:UBER - Get Free Report) rose 5.8% on Monday after Tigress Financial upgraded the stock from a buy rating to a moderate buy rating. The stock traded as high as $73.48 and last traded at $72.8490. Approximately 24,656,462 shares traded hands during trading, an increase of 28% from the average daily volume of 19,293,268 shares. The stock had previously closed at $68.85.

UBER has been the topic of several other research reports. Citizens Jmp reiterated a "market outperform" rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set an "outperform" rating on the stock. TD Cowen initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set a "hold" rating on the stock. Truist Financial increased their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Citigroup reiterated a "market outperform" rating on shares of Uber Technologies in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and an average target price of $104.97.

Uber Technologies News Summary

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

• Positive Sentiment: Analysts and market commentary continue to highlight Uber’s scale, diversification, and valuation appeal versus peers like Grab, suggesting the company still has fundamental advantages in ride-hailing and delivery. Article: UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
• Positive Sentiment: Several pieces point to strong business momentum, including 3.6 billion trips, 199 million monthly active platform consumers, and 50 million Uber One members contributing heavily to gross bookings, reinforcing the case that Uber’s core operations are still growing. Article: Will Uber Hit $100 This Year?
• Positive Sentiment: Uber continues to receive favorable Wall Street coverage, with recent buy/overweight ratings and a median price target around $107, which can help support the stock despite near-term volatility. Article: Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
• Neutral Sentiment: Uber was also mentioned in a broader gig-economy stock roundup alongside Lyft and DoorDash, which keeps it in the spotlight but does not add a major new catalyst by itself. Article: Must-Watch Stocks to Make the Most of the Gig Economy's Popularity
• Neutral Sentiment: One report noted renewed attention on Uber’s robotaxi roadmap and autonomy ambitions, but framed them as part of a broader debate over whether those investments justify the stock’s current multiple. Article: Forget Uber: As Macro Volatility Cracks Platform Multiples, This Profitable Digital Fortress Is The Better Buy
• Negative Sentiment: Despite strong fundamentals, multiple articles emphasize that Uber’s stock has been weak recently and is well below prior highs, reflecting investor concern over macro volatility, premium platform valuations, and execution risk in autonomous vehicle initiatives. Article: Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline

Institutional Trading of Uber Technologies

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of 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 worth $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Uber Technologies by 3.5% during 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 in the last quarter. Norges Bank acquired a new stake in shares of Uber Technologies during the 4th quarter worth $2,515,094,000. Finally, Northern Trust Corp grew its holdings in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock worth $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Trading Up 5.8%

The company has a market capitalization of $148.29 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. 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 firm has a fifty day moving average price of $73.41 and a 200-day moving average price of $77.11.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.Uber Technologies's revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

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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