Uber Technologies, Inc. (NYSE:UBER) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Uber Technologies, Inc. (NYSE:UBERGet Free Report) have received an average rating of “Moderate Buy” from the forty-two brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, thirty-one have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $105.1111.

A number of equities research analysts have recently issued reports on the stock. TD Cowen assumed coverage on shares of Uber Technologies in a research report on Monday. They set a “hold” rating for the company. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, March 17th. Needham & Company LLC reissued a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a research note on Monday, April 27th.

Read Our Latest Research Report on Uber Technologies

Uber Technologies News Roundup

Here are the key news stories impacting Uber Technologies this week:

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by insiders.

Institutional Trading of Uber Technologies

Institutional investors have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $25,000. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $25,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

UBER stock opened at $75.23 on Friday. The firm has a 50 day moving average of $74.19 and a 200-day moving average of $80.14. Uber Technologies has a 12-month low of $68.46 and a 12-month high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market cap of $153.14 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 5.74 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the firm earned $0.83 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts expect that Uber Technologies will post 3.26 EPS for the current fiscal year.

About Uber Technologies

(Get Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

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