Uber Technologies Stock Forecast, Price & News

Uber Technologies' stock was trading at $26.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UBER shares have increased by 39.0% and is now trading at $36.48.
View which stocks have been most impacted by COVID-19.

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uber Technologies in the last year. There are currently 3 hold ratings and 34 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Uber Technologies.

Uber Technologies is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Uber Technologies.

Uber Technologies Inc (NYSE:UBER) posted its quarterly earnings data on Thursday, August, 6th. The ride-sharing company reported ($1.02) EPS for the quarter, missing the consensus estimate of ($0.78) by $0.24. The ride-sharing company earned $2.24 billion during the quarter, compared to analyst estimates of $2.18 billion. Uber Technologies had a negative net margin of 50.99% and a negative return on equity of 38.83%. The firm's revenue was down 29.2% on a year-over-year basis. During the same period in the prior year, the company posted ($4.72) earnings per share.
View Uber Technologies' earnings history.

37 brokers have issued 1 year price targets for Uber Technologies' shares. Their forecasts range from $26.00 to $60.00. On average, they anticipate Uber Technologies' share price to reach $41.97 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Uber Technologies.

Headlines about UBER stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Uber Technologies earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the ride-sharing company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
View the latest news about Uber Technologies.

Uber Technologies saw a decline in short interest in August. As of August 31st, there was short interest totaling 44,510,000 shares, a decline of 13.0% from the August 15th total of 51,170,000 shares. Based on an average daily volume of 21,990,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 4.9% of the company's shares are sold short.
View Uber Technologies' Short Interest.

Some companies that are related to Uber Technologies include Paypal (PYPL), Accenture (ACN), Fidelity National Information Servcs (FIS), Pinduoduo (PDD), NetEase (NTES), Mercadolibre (MELI), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), Msci (MSCI), Zillow Group (Z), Zillow Group (ZG), FleetCor Technologies (FLT), Akamai Technologies (AKAM) and Ctrip.Com International (CTRP).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Uber Technologies investors own include Tesla (TSLA), Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Advanced Micro Devices (AMD), Netflix (NFLX), Micron Technology (MU), Boeing (BA), LYFT (LYFT) and Square (SQ).

(UBER) raised $8.5 billion in an IPO on Friday, May 10th 2019. The company issued 180,000,000 shares at $44.00-$50.00 per share. Morgan Stanley, Goldman Sachs, BofA Merrill Lynch, Barclays, Citigroup and Allen & Company served as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Deutsche Bank Securities, HSBC, SMBC, Mizuho Securities, Needham & Company, Loop Capital Markets, Siebert Cisneros Shank, Academy Securities, BTIG, Canaccord Genuity, CastleOak Securities, Cowen, Evercore ISI, JMP Securities, Macquarie Capital, Mischler Financial Group, Oppenheimer, Raymond James, William Blair, The Williams Capital Group and TPG Capital BD were co-managers.

Uber Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "UBER."

Shares of UBER can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of UBER stock can currently be purchased for approximately $36.48.

Uber Technologies has a market capitalization of $63.94 billion and generates $14.15 billion in revenue each year. The ride-sharing company earns $-8,506,000,000.00 in net income (profit) each year or ($6.81) on an earnings per share basis. Uber Technologies employs 26,900 workers across the globe.

The official website for Uber Technologies is www.uber.com.

Uber Technologies' mailing address is 1455 MARKET ST. 4TH FLOOR, SAN FRANCISCO CA, 94103. The ride-sharing company can be reached via phone at 415-986-2104 or via email at [email protected]