Uber Technologies (NYSE:UBER) Price Target Raised to $110.00

by · The Cerbat Gem

Uber Technologies (NYSE:UBER – Free Report) had its target price upped by Jefferies Financial Group from $100.00 to $110.00 in a report published on Monday morning, MarketBeat.com reports. They currently have a buy rating on the ride-sharing company’s stock.

Several other equities research analysts also recently commented on the company. Sanford C. Bernstein decreased their price objective on Uber Technologies from $110.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Barclays decreased their price target on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. KeyCorp lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $100.00 to $89.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.25.

Check Out Our Latest Research Report on UBER

Uber Technologies Price Performance

UBER stock opened at $75.27 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company’s 50-day moving average is $72.14 and its 200-day moving average is $73.52. The stock has a market capitalization of $153.74 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 7.19 and a beta of 1.13. Uber Technologies has a 1 year low of $65.41 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same period in the previous year, the company posted $0.60 EPS. The firm’s revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts expect that Uber Technologies will post 2.99 EPS for the current fiscal year.

Institutional Trading of Uber Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the fourth quarter valued at about $25,000. Osbon Capital Management LLC purchased a new stake in Uber Technologies during the fourth quarter worth about $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the third quarter worth about $32,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies in the fourth quarter worth about $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Uber Technologies

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

  • Positive Sentiment: Bookings and platform growth remain strong: Uber’s second-quarter gross bookings exceeded $58 billion, marking a fourth consecutive quarter of more than 20% growth. Mobility, Delivery and Freight all contributed, supporting the case for continued expansion. UBER Rides on Gross Bookings Strength: More Growth Ahead?
  • Positive Sentiment: Potential expansion into younger riders: Uber is reportedly exploring a feature allowing parents to book rides for children ages 10 to 12. The service could create a new family use case and increase ride frequency, although safety and regulatory requirements remain important execution factors. UBER Explores Expanding Ride Service for Kids
  • Positive Sentiment: Autonomous-vehicle plans gained support in London: Transport for London’s licensing of Wayve vehicles moves Uber closer to an autonomous-ride rollout, while reported rider interest reinforces the long-term robotaxi opportunity. Uber’s AV Ambitions in London Receive a Boost
  • Neutral Sentiment: Uber Eats broadened its merchant network: A direct point-of-sale integration with National Retail Solutions will give eligible independent retailers in the U.S. and Canada access to Uber Eats delivery and real-time inventory tools. The move may modestly improve marketplace density and order volume.
  • Negative Sentiment: Uber Freight is investigating a cyber incident: Unauthorized access reportedly affected part of Freight’s systems and code repositories. Operations remain undisrupted and Uber says the incident is contained, but potential data-security, remediation and reputational costs remain unclear. Uber Freight reportedly investigating after hacking group claims data breach
  • Negative Sentiment: Serve Robotics relationship ended: Uber sold its entire stake in Serve Robotics and appears to be moving away from that delivery-robot partnership. The exit raises questions about Uber’s robotics strategy, even as it continues investing heavily in autonomous vehicles. Uber surprised robotics company Serve by selling its entire stake
  • Negative Sentiment: California labor risk increased: A reported legal change could enable hundreds of thousands of Uber and Lyft drivers to unionize, potentially increasing labor costs and reducing the flexibility of the independent-contractor model.

Uber Technologies Company Profile

(Get Free Report)

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.

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