Uber Technologies (NYSE:UBER) Shares Down 1.4% – Time to Sell?

Uber Technologies, Inc. (NYSE:UBERGet Free Report)’s stock price dropped 1.4% on Tuesday . The stock traded as low as $73.96 and last traded at $74.0170. Approximately 17,375,787 shares traded hands during trading, a decline of 8% from the average daily volume of 18,889,070 shares. The stock had previously closed at $75.08.

Uber Technologies News Roundup

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

  • Positive Sentiment: Uber boosted its stake in Germany’s Delivery Hero to 19.5% of issued capital, becoming the company’s largest shareholder. Investors may see this as a strategic move to expand Uber’s international delivery presence without committing to an immediate takeover. Uber raises stake in Germany’s Delivery Hero
  • Positive Sentiment: Market coverage framed the Delivery Hero investment as bullish for Uber shares, arguing that the larger stake could strengthen Uber’s long-term position in global delivery and widen its strategic optionality. UBER Stock Alert: Uber Just Upped Its Stake in Delivery Hero
  • Positive Sentiment: Uber and South Korea’s Naver reportedly formed a consortium to bid for Baedal Minjok, signaling continued interest in overseas growth opportunities and potentially creating additional upside if Uber succeeds in expanding into a major Asian delivery market. Uber, Naver team up on Baemin takeover -Seoul Economic Daily
  • Positive Sentiment: Post-earnings analysis pointed to resilient Mobility and Delivery demand, a Q1 EPS beat, and strong Q2 bookings guidance, reinforcing investor confidence that Uber’s core business remains healthy despite macro and geopolitical noise. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UBER shares. Guggenheim reiterated a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a report on Monday, April 27th. Piper Sandler lifted their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. upped their price target on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, US Capital Advisors set a $95.00 price target on Uber Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.11.

Check Out Our Latest Stock Analysis on Uber Technologies

Uber Technologies Stock Down 1.4%

The firm has a 50 day simple moving average of $74.18 and a two-hundred day simple moving average of $79.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $150.67 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 6.38 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Several institutional investors have recently bought and sold shares of UBER. Osbon Capital Management LLC bought a new stake in Uber Technologies in the 4th quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the 4th quarter worth approximately $27,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Company Profile

(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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