Uber Technologies (NYSE:UBER) Price Target Raised to $122.00

11 Jan 2026, 02:42 by Scott Moore · The Cerbat Gem

Uber Technologies (NYSE:UBER – Free Report) had its target price hoisted by Wells Fargo & Company from $120.00 to $122.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the ride-sharing company’s stock.

UBER has been the subject of a number of other reports. Mizuho initiated coverage on Uber Technologies in a research note on Monday, September 29th. They set an “outperform” rating and a $130.00 price objective for the company. BMO Capital Markets decreased their target price on Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Royal Bank Of Canada set a $110.00 price target on shares of Uber Technologies in a research report on Wednesday, November 5th. Wall Street Zen raised shares of Uber Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $107.14.

View Our Latest Analysis on UBER

Uber Technologies Price Performance

Uber Technologies stock opened at $85.46 on Thursday. The business’s 50-day simple moving average is $86.55 and its 200 day simple moving average is $91.35. The stock has a market cap of $177.58 billion, a price-to-earnings ratio of 10.98 and a beta of 1.20. Uber Technologies has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping the consensus estimate of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter in the previous year, the company earned $1.20 EPS. Uber Technologies’s revenue was up 20.4% on a year-over-year basis. As a group, research analysts anticipate that Uber Technologies will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the transaction, the insider directly owned 175,423 shares of the company’s stock, valued at $14,096,992.28. This represents a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 14,875 shares of company stock worth $1,348,818. 3.84% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Brant Point Investment Management LLC bought a new stake in Uber Technologies during the 2nd quarter valued at approximately $933,000. Econ Financial Services Corp purchased a new stake in Uber Technologies during the third quarter valued at $1,538,000. Spirepoint Private Client LLC lifted its position in Uber Technologies by 21.9% during the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares during the last quarter. Munro Partners purchased a new position in shares of Uber Technologies in the 2nd quarter worth $96,294,000. Finally, Prudential PLC grew its stake in shares of Uber Technologies by 15.7% in the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after buying an additional 29,359 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

Positive Sentiment: Jefferies and Bank of America reiterated Buy ratings with high price targets (~$119–$120), reinforcing buy-side conviction that Uber’s margin and free-cash-flow story can sustain upside. Jefferies and BofA Remain Bullish on Uber Technologies (UBER)
Positive Sentiment: Wells Fargo raised its price target to $122 and kept an Overweight rating, signaling institutional confidence and providing a near-term technical/psychological boost for the stock. Wells Fargo Raises Price Target
Positive Sentiment: CES robotaxi developments (Lucid’s reveal and Lucid–Nuro partnerships) and commentary that Nvidia’s robotaxi push could help platform players have revived optimism that Uber can act as the distribution/payment/routing layer for autonomous fleets—supporting margin inflection without owning vehicles. Lucid Motors Just Revealed Its New Robotaxi at CES 2026
Positive Sentiment: MarketBeat highlights Uber’s margin-inflection thesis as the key 2026 catalyst—if AV fleets scale, Uber can improve operating leverage and cash flow by being the aggregator rather than the vehicle owner. 3 Tech Stocks Positioned for the Next Leg of the Bull Market
Neutral Sentiment: Uber renewed its global maps deal with TomTom, which improves routing precision and efficiency but is incremental to near-term revenue; it supports execution rather than driving immediate upside. Uber Renews Global Maps Deal With TomTom
Negative Sentiment: Zacks analysis ranks Baidu ahead of Uber in the autonomous-vehicle race, citing Baidu’s rollout, earnings outlook and valuation — a reminder that AV competition could cap upside for Uber’s AV narrative. UBER vs. BIDU: Which Stock Is Better Placed in the Promising AV Space?
Negative Sentiment: Analysts expect Uber’s upcoming Q4 2025 results to show a double‑digit decline in the bottom line, creating short-term earnings risk that could pressure the stock until results and guidance are clear. Uber’s Q4 2025 Earnings: What to Expect
Negative Sentiment: Melius Research flagged Uber with a “strong sell” designation (contradicting other bullish notes), adding downside narrative risk from divergent analyst views. Melius Research Strong Sell Call

About Uber Technologies

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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.