Uber Technologies (UBER) Expected to Announce Earnings on Wednesday

Uber Technologies (NYSE:UBER - Get Free Report) is projected to release its Q4 2024 earnings data before the market opens on Wednesday, February 5th. Analysts expect Uber Technologies to post earnings of $0.50 per share and revenue of $11.78 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. On average, analysts expect Uber Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Uber Technologies Price Performance

UBER stock traded up $5.56 during midday trading on Thursday, reaching $70.04. The company had a trading volume of 45,878,932 shares, compared to its average volume of 28,679,123. The firm has a 50-day moving average price of $65.31 and a 200-day moving average price of $70.07. The company has a market capitalization of $147.47 billion, a P/E ratio of 34.84, a P/E/G ratio of 0.77 and a beta of 1.39. Uber Technologies has a 1 year low of $54.84 and a 1 year high of $87.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41.

Analysts Set New Price Targets

Several research analysts recently issued reports on UBER shares. Jefferies Financial Group upped their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Daiwa America lowered Uber Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 17th. BMO Capital Markets reiterated an "outperform" rating and set a $92.00 price objective on shares of Uber Technologies in a research report on Friday, October 11th. JMP Securities restated a "market perform" rating on shares of Uber Technologies in a research report on Thursday. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $82.00 price target on shares of Uber Technologies in a research report on Thursday. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $90.19.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 27,780 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now directly owns 107,289 shares of the company's stock, valued at $7,821,368.10. This represents a 20.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.80% of the company's stock.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.