Uber Technologies (NYSE:UBER) Sets New 12-Month Low – Time to Sell?

Shares of Uber Technologies, Inc. (NYSE:UBER) hit a new 52-week low during trading on Friday . The stock traded as low as $66.60 and last traded at $66.3450, with a volume of 10804546 shares traded. The stock had previously closed at $68.91.

More Uber Technologies News

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

• Positive Sentiment: Uber’s AI-driven restructuring could improve margins by reducing customer service expenses and streamlining operations. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Positive Sentiment: Uber won a court injunction blocking a New York City driver deactivation rule, preserving flexibility in how it manages drivers on its platform. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
• Neutral Sentiment: Uber is getting attention from investors tied to the autonomous-vehicle theme, including comments from Bill Ackman that the stock may be cheap relative to Tesla robotaxi concerns. Bill Ackman Says Tesla Robotaxi Fears Are Creating a ‘Very Cheap’ Buying Opportunity for UBER
• Neutral Sentiment: Former Uber CEO Travis Kalanick’s new robotics venture raised $1.7 billion with backing that includes Uber, reinforcing the company’s connection to the broader AI and automation ecosystem. Anthony Levandowski, pardoned for stealing 14,000 Google files, lands a role in Travis Kalanick’s $1.7B robotics venture
• Negative Sentiment: The layoffs and repeated restructuring headlines may worry investors about broader pressure on Uber’s customer operations and the pace of its AI transition. Uber Cuts 10% of Customer Service Jobs to ‘Embrace’ AI

Wall Street Analysts Forecast Growth

UBER has been the topic of several research reports. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. Finally, Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $104.65.

Uber Technologies Stock Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $134.38 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 5.91 and a beta of 1.12. The company’s 50 day simple moving average is $72.35 and its 200 day simple moving average is $74.78.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the firm earned $0.83 EPS. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 2.98 earnings per share for the current year.

Institutional Trading of Uber Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Uber Technologies in the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. bought a new stake in shares of Uber Technologies in the 2nd quarter worth approximately $842,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Company Profile

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.