Uber Technologies, Inc. (NYSE:UBER – Free Report) – Roth Capital raised their FY2025 earnings per share (EPS) estimates for Uber Technologies in a report issued on Wednesday, February 5th. Roth Capital analyst R. Kulkarni now expects that the ride-sharing company will post earnings of $2.69 per share for the year, up from their previous estimate of $2.28. The consensus estimate for Uber Technologies’ current full-year earnings is $2.40 per share.
UBER has been the subject of several other reports. Wells Fargo & Company cut their target price on shares of Uber Technologies from $90.00 to $87.00 and set an “overweight” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada reiterated an “outperform” rating and set a $82.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Loop Capital raised their price target on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. cut their price objective on Uber Technologies from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday, February 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, February 5th. Seven investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $90.70.
Uber Technologies Price Performance
UBER opened at $78.74 on Monday. The stock has a market cap of $165.80 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 0.81 and a beta of 1.39. The stock has a fifty day moving average price of $65.34 and a 200 day moving average price of $70.17. Uber Technologies has a 1 year low of $54.84 and a 1 year high of $87.00. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37.
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%.
Insider Transactions at Uber Technologies
In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the transaction, the insider now directly owns 107,289 shares of the company’s stock, valued at $7,821,368.10. This represents a 20.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.84% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Ascent Wealth Partners LLC bought a new stake in Uber Technologies during the 3rd quarter worth approximately $2,087,000. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Uber Technologies by 4.4% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company’s stock worth $24,180,000 after purchasing an additional 13,433 shares during the period. Aviso Wealth Management purchased a new stake in shares of Uber Technologies in the third quarter worth $2,302,000. Polianta Ltd bought a new stake in Uber Technologies during the fourth quarter valued at $1,206,000. Finally, Brophy Wealth Management LLC purchased a new stake in shares of Uber Technologies in the 3rd quarter valued at about $1,041,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies Company Profile
Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.
Featured Stories
- Five stocks we like better than Uber Technologies
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Merck: 4 No-Brainer Reasons to Buy This Dip
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.