NYSE:UBERUber Technologies Stock Price, Forecast & News

$34.16

-0.72 (-2.06 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$33.82

Now: $34.16▼

$35.10

50-Day Range

$25.74

MA: $30.20▼

$34.83

52-Week Range

$13.71

Now: $34.16▼

$47.08

Volume1.77 million shs

Average Volume33.11 million shs

Market Capitalization$59.23 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Uber Technologies, Inc. develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name. The company also offers Uber Central, a tool that enables companies to request, manage, and pay for rides for their employees, customers, or partners; and Uber Health, which allows healthcare professionals to arrange rides for patients going to and from the care destinations. In addition, it provides freight transportation services to shippers in the freight industry under the Uber Freight name; leases vehicles to third-parties that use the vehicles to provide ridesharing or eats services through the platforms; and provides access to rides through personal mobility products, including dockless e-bikes and e-scooters under the JUMP name. 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.

Beat the Market (BTM) Rank^™

4.5 Analyst's Opinion

Consensus Rating
Uber Technologies has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 38 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.55, Uber Technologies has a potential upside of 27.5% from its current price of $34.17.
Amount of Analyst Coverage
Uber Technologies has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.1 Community Rank

Outperform Votes
Uber Technologies has received 254 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Uber Technologies has received 158 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Uber Technologies has received 61.65% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Uber Technologies and other stocks. Vote “Outperform” if you believe UBER will outperform the S&P 500 over the long term. Vote “Underperform” if you believe UBER will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.0 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 $53,396,500.00 in company stock.
Percentage Held by Insiders
Only 8.66% of the stock of Uber Technologies is held by insiders.
Percentage Held by Institutions
62.90% 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 ($3.61) to ($1.58) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Uber Technologies is -4.41, 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 -4.41, 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 4.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.84 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:UBER

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.uber.com

Phone415-986-2104

Debt

Debt-to-Equity Ratio0.60

Current Ratio1.68

Quick Ratio1.68

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$14.15 billion

Price / Sales4.19

Cash FlowN/A

Price / Cash FlowN/A

Book Value$6.94 per share

Price / Book4.92

Profitability

EPS (Most Recent Fiscal Year)($6.81)

Net Income$-8,506,000,000.00

Net Margins-71.48%

Return on Equity-58.70%

Return on Assets-27.47%

Miscellaneous

Employees26,900

Outstanding Shares1,733,990,000

Market Cap$59.23 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableNot Optionable

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Uber Technologies (NYSE:UBER) Frequently Asked Questions

How has Uber Technologies' stock been impacted by COVID-19 (Coronavirus)?

Uber Technologies' stock was trading at $26.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, UBER shares have increased by 30.2% and is now trading at $34.1650. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Uber Technologies?

42 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uber Technologies in the last year. There are currently 4 hold ratings and 38 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Uber Technologies.

When is Uber Technologies' next earnings date?

Uber Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Uber Technologies.

How were Uber Technologies' earnings last quarter?

Uber Technologies Inc (NYSE:UBER) posted its quarterly earnings results on Thursday, May, 7th. The ride-sharing company reported ($0.64) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.79) by $0.15. The ride-sharing company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.35 billion. Uber Technologies had a negative net margin of 71.48% and a negative return on equity of 58.70%. The company's revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the prior year, the company posted ($2.26) earnings per share. View Uber Technologies' earnings history.

What price target have analysts set for UBER?

42 equities research analysts have issued 1-year price objectives for Uber Technologies' stock. Their forecasts range from $26.00 to $80.00. On average, they anticipate Uber Technologies' stock price to reach $43.55 in the next year. This suggests a possible upside of 27.5% from the stock's current price. View analysts' price targets for Uber Technologies.

What are Wall Street analysts saying about Uber Technologies stock?

Here are some recent quotes from research analysts about Uber Technologies stock:

1. According to Zacks Investment Research, "Shares of Uber have underperformed its industry ever since it went public on May 10, 2019, mainly due to high costs, which marred results in the first three quarters of 2019. Apart from high costs, lower-than-expected gross bookings affected the company’s third-quarter results. Frequent management changes and large-scale sell-offs (by its co-founder Travis Kalanick) following the lock-up expiration are other setbacks for the company. However, the company is making substantial efforts to improve efficiency. To this end, it announced job cuts in July, September and October. Increase in ridesharing revenues is an added positive. The company’s efforts to expand its global presence are also encouraging. The decision to buy a majority stake in online grocery provider Cornershop is in line with the company's strategic efforts to expand." (11/25/2019)
2. Evercore ISI analysts commented, "We are encouraged by adjusted Core Platform (CP) take-rates expanding ~100bps QoQ and faster than expected user growth – operational leverage was strong and is supportive of our LT thesis. Near term, bears pointing to the “chicken and the egg” problem (profits or growth?) – may carry the day…but we like bulls’ chances longer term as they took another step on the path to profitability. Bulls needed to peel back the onion to see 1) faster than expected MAPC growth; 2) greater than expected take-rate expansion driving 22% YoY FXN CP adj. net revenue (ANR) growth; 3) operational leverage that drove a 12-point QoQ expansion in CP contribution margins; and 4) FY19 EBITDA guide modestly above street estimates." (8/11/2019)

Has Uber Technologies been receiving favorable news coverage?

News stories about UBER stock have trended very negative recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Uber Technologies earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news articles about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutUber Technologies.

Are investors shorting Uber Technologies?

Uber Technologies saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 45,570,000 shares, a drop of 18.5% from the April 30th total of 55,940,000 shares. Based on an average trading volume of 40,160,000 shares, the short-interest ratio is presently 1.1 days. Approximately 5.2% of the company's shares are sold short. View Uber Technologies' Current Options Chain.

Who are some of Uber Technologies' key competitors?

Some companies that are related to Uber Technologies include Adobe (ADBE), Oracle (ORCL), salesforce.com (CRM), SAP (SAP), Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), VMware (VMW), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Square (SQ), Electronic Arts (EA), Veeva Systems (VEEV) and Splunk (SPLK). View all competitors.

What other stocks do shareholders of Uber Technologies own?

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

Who are Uber Technologies' key executives?

Uber Technologies' management team includes the following people:

Mr. Dara Khosrowshahi, CEO & Director (Age 49)
Mr. Travis Cordell Kalanick, Co-Founder & Director (Age 42)
Mr. Garrett Camp, Co-Founder & Director (Age 40)
Mr. Nelson Juseuk Chai, Chief Financial Officer (Age 53)
Mr. Thuan Pham, Chief Technology Officer (Age 51)

When did Uber Technologies IPO?

(UBER) raised $8.5 billion in an IPO on Friday, May 10th 2019. The company issued 180,000,000 shares at a price of $44.00-$50.00 per share. Morgan Stanley, Goldman Sachs, BofA Merrill Lynch, Barclays, Citigroup and Allen & Company acted 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.

What is Uber Technologies' stock symbol?

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

Who are Uber Technologies' major shareholders?

Uber Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (4.51%), Wellington Management Group LLP (1.96%), Jennison Associates LLC (1.81%), Viking Global Investors LP (1.51%), Sands Capital Management LLC (1.21%) and Clearbridge Investments LLC (0.93%). Company insiders that own Uber Technologies stock include Dara Khosrowshahi, Garrett Camp, Jill Hazelbaker, Manik Gupta, Thuan Pham and Travis Cordell Kalanick. View institutional ownership trends for Uber Technologies.

Which major investors are selling Uber Technologies stock?

UBER stock was sold by a variety of institutional investors in the last quarter, including Viking Global Investors LP, TPG Group Holdings SBS Advisors Inc., Canada Pension Plan Investment Board, Janus Henderson Group PLC, SherpaCapital LLC, Sachem Head Capital Management LP, Trustees of Princeton University, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Uber Technologies company stock in the last year include Garrett Camp, Jill Hazelbaker, Manik Gupta, Thuan Pham, and Travis Cordell Kalanick. View insider buying and selling activity for Uber Technologies.

Which major investors are buying Uber Technologies stock?

UBER stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Jennison Associates LLC, Sands Capital Management LLC, Nuveen Asset Management LLC, Wellington Management Group LLP, Russell Investments Group Ltd., Broad Peak Investment Holdings Ltd., and State Street Corp. View insider buying and selling activity for Uber Technologies.

How do I buy shares of Uber Technologies?

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.

What is Uber Technologies' stock price today?

One share of UBER stock can currently be purchased for approximately $34.17.

How big of a company is Uber Technologies?

Uber Technologies has a market capitalization of $59.24 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.

What is Uber Technologies' official website?

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

How can I contact Uber Technologies?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff