Rosenblatt Securities Issues Pessimistic Forecast for Uber Technologies (NYSE:UBER) Stock Price

Uber Technologies (NYSE:UBER) had its price target decreased by equities researchers at Rosenblatt Securities from $100.00 to $95.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the ride-sharing company’s stock. Rosenblatt Securities‘s price target would suggest a potential upside of 38.42% from the company’s previous close.

Other analysts have also issued research reports about the stock. Susquehanna reduced their price target on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research report on Thursday, August 6th. Piper Sandler restated an “overweight” rating and set a $100.00 price objective (down from $110.00) on shares of Uber Technologies in a research report on Thursday, August 13th. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. Cantor Fitzgerald restated an “overweight” rating and set a $90.00 target price on shares of Uber Technologies in a research note on Thursday. Finally, Oppenheimer reduced their target price on Uber Technologies from $100.00 to $90.00 in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $101.82.

Uber Technologies Price Performance

Uber Technologies stock traded down $0.15 during trading hours on Thursday, reaching $68.63. 18,272,398 shares of the stock were exchanged, compared to its average volume of 16,264,552. The company has a market cap of $140.18 billion, a P/E ratio of 40.61, a price-to-earnings-growth ratio of 6.38 and a beta of 1.33. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a twelve month low of $64.04 and a twelve month high of $95.18. The stock has a 50 day moving average of $70.14 and a two-hundred day moving average of $73.03.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.86 by $0.02. The firm had revenue of $14.77 billion for the quarter, compared to analyst estimates of $14.66 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $3.11 EPS. Equities analysts expect that Uber Technologies will post 3.14 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, CEO Dara Khosrowshahi purchased 141,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This trade represents a 11.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

Institutional Trading of Uber Technologies

Hedge funds have recently added to or reduced their stakes in the stock. Public Investment Fund bought a new stake in shares of Uber Technologies during the second quarter worth $5,256,173,439. Legal & General Group Plc bought a new position in shares of Uber Technologies in the 2nd quarter valued at $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies in the 2nd quarter valued at $752,151,000. Baird Financial Group Inc. boosted its holdings in shares of Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock valued at $656,609,000 after acquiring an additional 3,564,073 shares in the last quarter. Finally, Fundsmith LLP acquired a new stake in shares of Uber Technologies during the 2nd quarter valued at $645,338,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Amazon is adding Uber Eats restaurant delivery to its U.S. Prime experience, including $0 delivery fees on qualifying orders of $25 or more. The partnership could expand Uber Eats’ reach and order volume. Amazon adds Uber food delivery perks for Prime subscribers
• Positive Sentiment: Uber reported Q3 revenue of $14.77 billion, gross bookings growth of 20%, and strong free cash flow. Adjusted earnings also edged past estimates, supporting the view that the underlying business is still growing. Uber: 3 key takeaways for long-term investors
• Neutral Sentiment: Analyst views remain divided. Wedbush reiterated Outperform and Guggenheim maintained Buy, while several firms lowered price targets; Canaccord’s $70 target and Hold rating are close to the share price. Wedbush reaffirms Outperform
• Negative Sentiment: Some analysts cut targets after the results, including Barclays ($106 to $100), KeyCorp ($105 to $95), and Canaccord ($72 to $70). These revisions may reinforce concerns about valuation and near-term upside. Analyst price-target updates
• Negative Sentiment: Uber’s CEO cited driver shortages and higher fuel costs in some international markets, which could raise incentives and constrain Mobility growth. The sharp year-over-year drop in GAAP net income has also drawn attention, despite stronger operating metrics. Uber CEO reveals a driver-supply problem
• Negative Sentiment: Commentary questioning whether expectations for future robotaxis are already reflected in Uber’s valuation adds another source of investor caution. Uber: The market is pricing tomorrow’s robotaxis into today’s earnings

About Uber Technologies

Uber Technologies, Inc operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats.

The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber’s platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.

Founded in San Francisco in 2009 as UberCab, the company expanded from ride-hailing into delivery and freight.