Uber Technologies (NYSE:UBER) Downgraded to “Hold” Rating by Wall Street Zen

by · The Markets Daily

Wall Street Zen lowered shares of Uber Technologies (NYSE:UBER – Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday.

Other research analysts have also recently issued research reports about the company. Erste Group Bank cut Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. UBS Group set a $122.00 target price on shares of Uber Technologies and gave the company a “buy” rating in a report on Wednesday, November 5th. BNP Paribas began coverage on Uber Technologies in a research report on Wednesday. They set an “outperform” rating and a $108.00 price objective for the company. Wedbush lowered their target price on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Finally, Piper Sandler set a $107.00 price target on Uber Technologies in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.18.

View Our Latest Stock Report on UBER

Uber Technologies Price Performance

UBER stock opened at $84.90 on Friday. The firm has a 50 day moving average of $85.59 and a 200-day moving average of $91.09. The company has a market cap of $176.41 billion, a price-to-earnings ratio of 10.91 and a beta of 1.20. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies has a 12-month low of $60.63 and a 12-month high of $101.99.

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

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the transaction, the insider directly owned 175,423 shares of the company’s stock, valued at $14,096,992.28. The trade was a 1.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,875 shares of company stock worth $1,348,818 over the last 90 days. 3.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Uber Technologies

A number of institutional investors have recently added to or reduced their stakes in UBER. Vanguard Group Inc. grew its position in Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after acquiring an additional 1,277,322 shares during the period. Geode Capital Management LLC boosted its stake in shares of Uber Technologies by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock valued at $4,258,756,000 after purchasing an additional 1,168,288 shares in the last quarter. Norges Bank bought a new stake in shares of Uber Technologies in the 2nd quarter worth about $2,348,319,000. Northern Trust Corp increased its position in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. Finally, Capital World Investors increased its position in shares of Uber Technologies by 1.1% during the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock worth $1,667,121,000 after purchasing an additional 182,976 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

  • Positive Sentiment: BNP Paribas/Exane initiated coverage and upgraded Uber to a strong‑buy / began coverage — institutional attention and a bullish research view can drive demand and support the stock. TickerReport Coverage
  • Positive Sentiment: Kroger partnership: nearly 2,700 Kroger stores are now available on Uber Eats, Uber and Postmates — expands grocery delivery footprint, ups take rates and order density for delivery economics. PR Newswire: Kroger Launch
  • Positive Sentiment: Analyst support continues: BTIG reaffirmed a Buy with a $100 price target and other firms (Mizuho, others) remain bullish — helps near‑term sentiment and can sustain buying interest. Benzinga Analyst Note
  • Neutral Sentiment: Coverage pieces and bullish writeups (Zacks, Motley Fool, Seeking Alpha) pitch Uber as a growth/value opportunity given recent selloffs and emerging tech tailwinds — these amplify the bull case but don’t add new operational data. Zacks Growth Score
  • Neutral Sentiment: Strategic wins abroad: reporting on Uber’s Japan push (NYT feature) highlights long‑term TAM expansion but benefits will accrue gradually and depend on local execution. NYT: Japan Strategy
  • Negative Sentiment: Labor/reputation/legal pressure: NYC alleges DoorDash/Uber shorted drivers on ~$550M in tips — potential for fines, tighter regulation and PR damage that can increase operating costs and complicate driver relations. Bloomberg Law: Tip Allegation
  • Negative Sentiment: Criticism of ballot initiative: LA Times op‑ed accuses Uber of pushing a consumer‑facing ballot measure that mainly protects company economics — could complicate public perception and local regulatory fights. LA Times Opinion

About Uber Technologies

(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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