Weekly Investment Analysts’ Ratings Updates for Uber Technologies (UBER)

Several analysts have recently updated their ratings and price targets for Uber Technologies (NYSE: UBER):

• 1/3/2025 – Uber Technologies had its price target raised by analysts at Wolfe Research from $90.00 to $92.00. They now have an “outperform” rating on the stock.
• 1/2/2025 – Uber Technologies was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating. They now have a $95.00 price target on the stock.
• 1/2/2025 – Uber Technologies was downgraded by analysts at Citizens Jmp from a “strong-buy” rating to a “hold” rating.
• 1/2/2025 – Uber Technologies had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $96.00 price target on the stock.
• 12/18/2024 – Uber Technologies had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $90.00 price target on the stock.
• 12/4/2024 – Uber Technologies had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $95.00 price target on the stock.
• 11/25/2024 – Uber Technologies had its price target raised by analysts at Tigress Financial from $96.00 to $103.00. They now have a “buy” rating on the stock.

Uber Technologies Price Performance

Uber Technologies stock opened at $65.96 on Monday. The firm has a market cap of $138.89 billion, a PE ratio of 32.82, a price-to-earnings-growth ratio of 0.75 and a beta of 1.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The stock’s fifty day moving average price is $66.91 and its two-hundred day moving average price is $70.52. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00.

Uber Technologies (NYSE:UBER) last released its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.41 by $0.79. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period last year, the firm earned $0.10 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 1.89 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the sale, the insider now owns 107,289 shares in the company, valued at $7,821,368.10. The trade was a 20.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently modified their holdings of the business. RMR Wealth Builders lifted its stake in shares of Uber Technologies by 13.7% in the fourth quarter. RMR Wealth Builders now owns 15,482 shares of the ride-sharing company’s stock worth $934,000 after acquiring an additional 1,869 shares during the period. Harbor Capital Advisors Inc. bought a new position in Uber Technologies during the 4th quarter worth approximately $638,000. ST Germain D J Co. Inc. lifted its position in shares of Uber Technologies by 4.4% in the 4th quarter. ST Germain D J Co. Inc. now owns 302,861 shares of the ride-sharing company’s stock worth $18,269,000 after purchasing an additional 12,688 shares during the period. Fortitude Family Office LLC boosted its stake in shares of Uber Technologies by 32.1% in the 4th quarter. Fortitude Family Office LLC now owns 795 shares of the ride-sharing company’s stock valued at $48,000 after purchasing an additional 193 shares during the last quarter. Finally, Watts Gwilliam & Co. LLC increased its position in shares of Uber Technologies by 537.1% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 72,943 shares of the ride-sharing company’s stock worth $4,825,000 after buying an additional 61,494 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

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.