Uber Technologies (UBER) Stock Forecast & Price Target

$64.40

-1.34 (-2.04%)

(As of 07/26/2024 ET)

Uber Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 34 Analyst Ratings

Based on 34 Wall Street analysts who have issued ratings for Uber Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 34 analysts, 4 have given a hold rating, and 30 have given a buy rating for UBER.

Consensus Price Target

$85.97
33.49% Upside

High Forecast	$100.00
Average Forecast	$85.97
Low Forecast	$55.00

According to the 34 analysts' twelve-month price targets for Uber Technologies, the average price target is $85.97. The highest price target for UBER is $100.00, while the lowest price target for UBER is $55.00. The average price target represents a forecasted upside of 33.49% from the current price of $64.40.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	30 Buy rating(s)	30 Buy rating(s)	29 Buy rating(s)	28 Buy rating(s)
Hold	4 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$85.97	$84.34	$78.94	$52.06
Forecasted Upside	33.49% Upside	25.17% Upside	17.08% Upside	41.44% Upside

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UBER Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

UBER Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Uber Technologies Stock vs. The Competition

Type	Uber Technologies	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.88	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	32.94% Upside	554.29% Upside	9.13% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	Morgan Stanley 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $95.00	+40.08%
7/23/2024	TD Cowen 4 of 5 stars		Boost Target	Buy ➝ Buy	$88.00 ➝ $90.00	+30.81%
7/22/2024	Melius 0 of 5 stars		Initiated Coverage	Hold	$77.00	+13.49%
7/22/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Cunningham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$77.00	+14.40%
7/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$90.00	+24.50%
7/15/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$90.00 ➝ $90.00	+24.26%
Get the Latest News and Ratings for UBER and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Uber Technologies and its competitors with MarketBeat's FREE daily newsletter.
6/28/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$89.00 ➝ $91.00	+25.34%
6/25/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$86.00 ➝ $88.00	+24.75%
6/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$93.00 ➝ $96.00	+37.94%
6/5/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$90.00 ➝ $90.00	+39.49%
5/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$80.00 ➝ $80.00	+25.73%
5/16/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$88.00 ➝ $83.00	+24.48%
5/16/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$80.00 ➝ $80.00	+19.53%
5/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$92.00 ➝ $92.00	+40.85%
5/10/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$91.00 ➝ $89.00	+32.60%
5/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$100.00 ➝ $95.00	+39.87%
5/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$103.00 ➝ $100.00	+47.23%
5/9/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$91.00 ➝ $87.00	+31.02%
5/8/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$81.00 ➝ $81.00	+21.99%
5/8/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$85.00 ➝ $85.00	+28.01%
4/19/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$72.00 ➝ $96.00	+38.51%
4/11/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$92.00	+21.15%
3/27/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$90.00 ➝ $94.00	+20.79%
3/4/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$69.00 ➝ $95.00	+16.79%
2/22/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$80.00 ➝ $90.00	+17.74%
2/15/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$84.00 ➝ $95.00	+21.25%
2/15/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$79.00 ➝ $90.00	+13.71%
2/8/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$63.00 ➝ $86.00	+19.94%
2/8/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$77.00 ➝ $83.00	+15.13%
2/8/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$60.00 ➝ $85.00	+20.14%
1/24/2024	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$66.00	+2.61%
1/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$59.00 ➝ $78.00	+24.98%
12/29/2023	Nomura Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$59.00 ➝ $62.00	-1.80%
8/2/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$50.00 ➝ $55.00	+17.90%
5/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$44.00 ➝ $46.00	+22.76%
5/3/2023	Piper Sandler Companies Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$41.00 ➝ $43.00	+17.74%
2/9/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Kulkarni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
2/9/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$38.00 ➝ $41.00	+11.32%
1/26/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$70.00 ➝ $66.00	+117.89%
10/24/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$76.00 ➝ $70.00	+148.58%
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8/22/2022	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$40.00	+42.86%
8/3/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$29.00 ➝ $32.00	+6.00%
7/27/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Rohit Kulkarni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$41.00 ➝ $32.00	+41.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:13 AM ET.

UBER Forecast - Frequently Asked Questions

What is Uber Technologies' forecast for 2024?: According to the research reports of 34 Wall Street equities research analysts, the average twelve-month stock price forecast for Uber Technologies is $85.97, with a high forecast of $100.00 and a low forecast of $55.00.
Should I buy or sell Uber Technologies stock right now?: 34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Uber Technologies in the last year. There are currently 4 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UBER shares.
Does Uber Technologies's stock price have much upside?: According to analysts, Uber Technologies's stock has a predicted upside of 24.50% based on their 12-month stock forecasts.
What analysts cover Uber Technologies?: Uber Technologies has been rated by research analysts at Bank of America, BMO Capital Markets, Citigroup, DA Davidson, Jefferies Financial Group, JMP Securities, Loop Capital, Melius, Melius Research, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Roth Mkm, Royal Bank of Canada, TD Cowen, UBS Group, Wedbush, Wells Fargo & Company, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Uber Technologies more than its competitors?: Analysts like Uber Technologies more than other "computer and technology" companies. The consensus rating score for Uber Technologies is 2.88 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how UBER compares to other companies.