FY2027 Earnings Estimate for UBER Issued By Zacks Research

Uber Technologies, Inc. (NYSE:UBER) – Investment analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of Uber Technologies in a research note issued on Wednesday, February 26th. Zacks Research analyst S. Goswami forecasts that the ride-sharing company will post earnings per share of $3.85 for the year. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%.

Several other analysts have also recently issued reports on UBER. UBS Group restated a “buy” rating on shares of Uber Technologies in a research report on Friday, February 21st. JMP Securities reissued a “market perform” rating on shares of Uber Technologies in a research note on Thursday, February 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $96.00 price objective on shares of Uber Technologies in a research note on Thursday, January 2nd. Evercore ISI dropped their target price on Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, February 6th. Finally, Arete Research upgraded Uber Technologies to a “hold” rating in a report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $90.94.

Uber Technologies Price Performance

UBER stock opened at $76.07 on Friday. Uber Technologies has a 52 week low of $54.84 and a 52 week high of $87.00. The firm has a market capitalization of $158.90 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a fifty day simple moving average of $69.53 and a two-hundred day simple moving average of $71.54. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now directly owns 86,973 shares in the company, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.84% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

A number of large investors have recently modified their holdings of UBER. Park Square Financial Group LLC purchased a new stake in Uber Technologies during the 4th quarter worth approximately $276,000. Total Wealth Planning & Management Inc. purchased a new position in Uber Technologies in the 4th quarter worth $406,000. Menard Financial Group LLC grew its stake in Uber Technologies by 2.6% during the 4th quarter. Menard Financial Group LLC now owns 25,243 shares of the ride-sharing company’s stock valued at $1,523,000 after purchasing an additional 640 shares during the last quarter. Brucke Financial Inc. acquired a new position in Uber Technologies in the 4th quarter worth approximately $365,000. Finally, Azzad Asset Management Inc. ADV grew its holdings in Uber Technologies by 2.4% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 34,770 shares of the ride-sharing company’s stock worth $2,097,000 after acquiring an additional 804 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

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.