NYSE:UBER

Uber Technologies - UBER Stock Forecast, Price & News

$29.19

+2.47 (+9.24%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $27.60
▼
$29.25
50-Day Range: $23.09
▼
$33.13
52-Week Range: $19.90
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$48.88

Volume: 25.22 million shs
Average Volume: 27.38 million shs
Market Capitalization: $57.79 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $48.97

Uber Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.96 Rating Score
Upside/Downside: 67.8% Upside
$48.97 Price Target
Short Interest: Healthy
2.71% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -3.96
Upright™ Environmental Score
News Sentiment: 0.23
Based on 36 Articles This Week
Insider Trading: Selling Shares
$2.88 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($4.64) to ($0.20) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Computer And Technology Sector

212th out of 648 stocks

Business Services, Not Elsewhere Classified Industry

31st out of 103 stocks

4.5

Analyst's Opinion

Consensus Rating
Uber Technologies has received a consensus rating of Buy. The company's average rating score is 2.96, and is based on 27 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $48.97, Uber Technologies has a forecasted upside of 67.8% from its current price of $29.19.
Amount of Analyst Coverage
Uber Technologies has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
2.71% of the outstanding shares of Uber Technologies have been sold short.
Short Interest Ratio / Days to Cover
Uber Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Uber Technologies has recently decreased by 1.86%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Uber Technologies does not currently pay a dividend.
Dividend Growth
Uber Technologies does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Uber Technologies has received a 6.77% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Peer-to-peer ride-sharing services", "Package delivery services", and "Restaurant food delivery services" products. See details.
Environmental Sustainability
The Environmental Impact score for Uber Technologies is -3.96.

1.8

News and Social Media Coverage

News Sentiment
Uber Technologies has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 36 news articles for Uber Technologies this week, compared to 26 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 8 reddit mentions for Uber Technologies this week, compared to 13 mentions on an average week.
Search Interest
Only 104 people have searched for UBER on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.
MarketBeat Follows
Only 31 people have added Uber Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Uber Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,879,254.00 in company stock.
Percentage Held by Insiders
Only 3.92% of the stock of Uber Technologies is held by insiders.
Percentage Held by Institutions
71.57% of the stock of Uber Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Uber Technologies are expected to grow in the coming year, from ($4.64) to ($0.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Uber Technologies is -5.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Uber Technologies is -5.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Uber Technologies has a P/B Ratio of 3.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Uber Technologies (NYSE:UBER) Stock

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered; and offers grocery, alcohol, and convenience store delivery, as well as select other goods. The Freight segment connects carriers with shippers on the company's platform and enable carriers upfront, transparent pricing, and the ability to book a shipment, as well as transportation management and other logistics services offerings. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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UBER Stock News Headlines

September 26, 2022 | marketbeat.com

Saudi Arabia's triumphant week reclaims the West's embrace

Saudi Arabia appears to be leaving behind the stream of negative coverage the killing of Jamal Khashoggi elicited since 2018

September 19, 2022 | marketbeat.com

Liz Weston: 6 new rules for smarter European travel

The effects of the pandemic, along with the rebound in European tourism, require a new playbook that balances flexibility with savings

October 5, 2022 | Investing Trends (Ad)

Why is Russia reopening dormant copper mines?

In deepest Siberia, Russian oligarchs are pouring $15 billion into two long-dormant copper mines with close access to the lucrative China market. Copper is essential to the West's plans to transition to green energy and Russia has the third-largest reserves in the world. Is Putin making a move to corner the copper market? New sources of copper – outside Russia – are desperately needed for the West to win its war for energy independence.

September 17, 2022 | marketbeat.com

Correction: Uber-Cybersecurity story

In a story published September 16, 2022, about a major data breach at Uber, The Associated Press erroneously spelled a researcher's first name

September 16, 2022 | marketbeat.com

Serious breach at Uber spotlights hacker social deception

The ride-hailing service Uber says all its services are operational following what security professionals are calling a major data breach

September 16, 2022 | marketbeat.com

After serious breach, Uber says services operational

The ride-hailing service Uber says all its services are operational following what security professionals are calling a major data breach

September 16, 2022 | marketbeat.com

Hacker claims to breach Uber, security researcher says

Uber says it has reached out to law enforcement after the apparent breach of its network

September 15, 2022 | marketbeat.com

Uber responding to unspecified 'cybersecurity incident'

Uber says it is responding to an unspecified “cybersecurity incident.”

October 5, 2022 | Investing Trends (Ad)

Nevada Desert more Valuable than Wall Street or Silicon Valley?

It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.

September 12, 2022 | marketbeat.com

American Eagle exec works to modernize the supply chain

From his perch as American Eagle Outfitters' chief supply chain officer, Shekar Natarajan is taking a page from shared ride service Uber to modernize the supply chain for small and mid-sized retailers

September 8, 2022 | marketbeat.com

European cab drivers protest practices, spread of Uber

Hundreds of cab drivers have clogged traffic in Brussels in an international demonstration against Uber

October 5, 2022 | finance.yahoo.com

Musk’s Everything App ‘X’ Sounds a Lot Like China’s WeChat

October 5, 2022 | finance.yahoo.com

Is Uber’s driver shortage finally over?

October 5, 2022 | americanbankingnews.com

Morgan Stanley Cuts Uber Technologies (NYSE:UBER) Price Target to $54.00

October 4, 2022 | benzinga.com

Pomerantz Law Firm Announces the Filing of a Class Action Against Uber Technologies, Inc. and Certain Officers - UBER

October 4, 2022 | benzinga.com

Procurant and Uber Freight Transform Produce Shipping