Sanford C. Bernstein Cuts Uber Technologies (NYSE:UBER) Price Target to $95.00

Uber Technologies (NYSE:UBER) had its price target lowered by Sanford C. Bernstein from $110.00 to $95.00 in a report issued on Thursday,Benzinga reports. The firm currently has an outperform rating on the ride-sharing company’s stock.

A number of other equities research analysts have also recently issued reports on UBER. Truist Financial lifted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. BMO Capital Markets restated an “outperform” rating on shares of Uber Technologies in a research report on Tuesday. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a report on Friday, May 29th. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday. Finally, Cantor Fitzgerald cut their target price on shares of Uber Technologies from $98.00 to $90.00 and set an “overweight” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.23.

Uber Technologies Stock Up 6.4%

Shares of UBER opened at $74.94 on Thursday. The firm has a market cap of $152.56 billion, a P/E ratio of 16.47, a PEG ratio of 6.79 and a beta of 1.13. Uber Technologies has a 12 month low of $65.41 and a 12 month high of $101.99. The stock’s 50 day moving average is $71.86 and its two-hundred day moving average is $73.73. The company has a current ratio of 0.84, a quick ratio of 1.07 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts predict that Uber Technologies will post 3.08 earnings per share for the current fiscal year.

Institutional Trading of Uber Technologies

Several large investors have recently made changes to their positions in UBER. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the 4th quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies in the first quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies in the fourth quarter worth about $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Analysts largely remained constructive after earnings. Guggenheim and Needham reaffirmed “Buy” ratings with price targets of $125 and $109, while Bernstein and Cantor Fitzgerald maintained positive ratings despite lowering their targets. Bank of America also kept a “Buy” rating and raised its earnings outlook, citing a valuation reset. Uber price target lowered by Bank of America
• Positive Sentiment: Uber’s push to scale its autonomous-vehicle ecosystem—including a reported plan to acquire up to 50,000 Rivian electric SUVs—helped support the longer-term growth narrative. Commentary from investor Gary Black and other market observers argued that Uber could be well positioned to benefit from robotaxi adoption without bearing the full cost of building a fleet. Uber Shares Jump as Analyst Commentary and Autonomous Delivery Push Drive Rally
• Positive Sentiment: Management said AI adoption has expanded sharply while engineering improvements are reducing the cost per token. The shift from heavy AI spending toward more efficient usage could improve productivity and limit future expense growth. Uber AI spending and tokenmaxxing
• Positive Sentiment: Uber entered a new senior unsecured term-loan credit facility, bolstering liquidity and financial flexibility as it invests in autonomous mobility and platform growth. Uber Secures New Credit Facilities to Bolster Liquidity

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.