Brokerages Set Uber Technologies, Inc. (NYSE:UBER) PT at $104.25

Uber Technologies, Inc. (NYSE:UBER) has earned a consensus rating of “Moderate Buy” from the forty-one ratings firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirty-three have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $104.25.

A number of equities analysts have recently commented on the stock. Bank of America decreased their price target on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Needham & Company LLC restated a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a report on Thursday, August 6th. Truist Financial upped their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wedbush initiated coverage on Uber Technologies in a report on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th.

Uber Technologies Trading Up 0.2%

NYSE UBER opened at $78.98 on Monday. The business’s fifty day moving average is $73.72 and its 200 day moving average is $73.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a twelve month low of $65.41 and a twelve month high of $101.99. The company has a market cap of $161.32 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts expect that Uber Technologies will post 3.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after buying an additional 6,129 shares in the last quarter. Bison Wealth LLC increased its position 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 purchasing an additional 641 shares in the last quarter. Caxton Associates LLP acquired a new position in Uber Technologies in the first quarter valued at $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in Uber Technologies in the 2nd quarter valued at $842,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

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.