Uber Technologies (NYSE:UBER) Stock Price Up 1.3% – Time to Buy?

Uber Technologies, Inc. (NYSE:UBER)’s share price shot up 1.3% during trading on Monday . The stock traded as high as $72.80 and last traded at $72.5760. 18,856,514 shares traded hands during trading, a decline of 3% from the average session volume of 19,350,359 shares. The stock had previously closed at $71.67.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi reportedly bought millions of dollars of UBER shares using his own money and without a prearranged trading plan. The purchase may signal management’s confidence that the stock is undervalued and that Uber’s long-term growth prospects remain attractive. Why These 2 CEOs Just Bought Millions in Their Own Stocks
• Positive Sentiment: An analysis argues that Uber is well positioned for the emerging “quick commerce” market, potentially broadening growth beyond traditional ride-hailing through delivery and other on-demand services. This supports the company’s longer-term diversification thesis. Uber: Welcome To The Age Of Q-Commerce
• Neutral Sentiment: Uber is attracting substantial attention from Zacks users, but the related analysis is primarily a review of factors affecting the company’s outlook rather than a new earnings or operational catalyst. Uber’s latest reported quarter included $0.81 in EPS, slightly above consensus, while revenue growth was 12.2% year over year. Is Most-Watched Stock Uber Technologies Worth Betting on Now?
• Negative Sentiment: Arete Research downgraded Uber to Neutral, potentially limiting near-term upside and reflecting greater caution around valuation or execution after the stock’s prior performance. Uber Cut to Neutral at Arete Research
• Negative Sentiment: Walmart’s expanded delivery push could intensify competition for Uber Eats, although the analysis notes that challenging DoorDash and Uber will require significant execution. Walmart Declared War on DoorDash and Uber Eats
• Negative Sentiment: A drivers’ pay dispute in Nigeria has prompted the AUATON union to give Uber 14 days to resolve the issue, creating a potential regulatory, labor and operating risk in that market. AUATON Gives Uber 14 Days to Resolve Drivers’ Pay Dispute

Analyst Upgrades and Downgrades

Several research firms have weighed in on UBER. Wedbush reaffirmed an “outperform” rating and issued a $91.00 price target on shares of Uber Technologies in a report on Tuesday, September 8th. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a report on Thursday, September 3rd. Roth Capital decreased their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 4th. Finally, Tigress Financial lifted their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $103.03.

Uber Technologies Stock Performance

The company has a 50 day simple moving average of $73.95 and a 200-day simple moving average of $73.62. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market cap of $148.24 billion, a P/E ratio of 15.95, a price-to-earnings-growth ratio of 5.54 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi acquired 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was purchased at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares in the company, valued at $97,009,416. The trade was a 11.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction dated Friday, September 4th. The stock was acquired at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, the insider owned 426,320 shares in the company, valued at approximately $32,327,845.60. The trade was a 19.65% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by corporate insiders.

Institutional Trading of Uber Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at about $25,000. Osbon Capital Management LLC purchased a new stake in Uber Technologies during the 4th quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in Uber Technologies during the 4th quarter worth approximately $27,000. Gould Capital LLC grew its position in Uber Technologies by 245.0% during the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after acquiring an additional 245 shares during the last quarter. Finally, Portus Wealth Advisors LLC purchased a new position in Uber Technologies in the 1st quarter worth approximately $25,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.