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NYSE:UBERUber Technologies Stock Price, Forecast & News

$34.56
-0.27 (-0.78 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$34.50
Now: $34.56
$36.00
50-Day Range
$22.82
MA: $29.97
$34.83
52-Week Range
$13.71
Now: $34.56
$47.08
Volume23.47 million shs
Average Volume36.41 million shs
Market Capitalization$59.93 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.5Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone415-986-2104

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.15 billion
Book Value$8.72 per share

Profitability

Net Income$-8,506,000,000.00

Miscellaneous

Employees26,900
Outstanding Shares1,733,987,000
Market Cap$59.93 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, UBER stock has increased by 31.7% and is now trading at $34.56. 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) announced its quarterly earnings results on Thursday, May, 7th. The ride-sharing company reported ($0.64) EPS for the quarter, topping the Zacks' consensus estimate of ($0.79) by $0.15. The ride-sharing company earned $3.53 billion during the quarter, compared to analyst estimates of $3.35 billion. Uber Technologies had a negative net margin of 71.48% and a negative return on equity of 58.70%. The firm's quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the business earned ($2.26) earnings per share. View Uber Technologies' earnings history.

What price target have analysts set for UBER?

42 analysts have issued 1-year target prices for Uber Technologies' shares. Their forecasts range from $26.00 to $80.00. On average, they anticipate Uber Technologies' share price to reach $43.55 in the next twelve months. This suggests a possible upside of 26.0% 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 been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -4.0 on InfoTrie's scale. They also gave media coverage about the ride-sharing company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutUber Technologies.

Are investors shorting Uber Technologies?

Uber Technologies saw a drop in short interest in 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 daily volume of 40,160,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 5.2% of the shares of the stock are sold short. View Uber Technologies' Current Options Chain.

Who are some of Uber Technologies' key 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 initial public offering (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 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 many different retail and institutional investors. Top institutional shareholders 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 $34.56.

How big of a company is Uber Technologies?

Uber Technologies has a market capitalization of $59.93 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 5/27/2020 by MarketBeat.com Staff

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