BTIG Research Reaffirms “Buy” Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBERGet Free Report)‘s stock had its “buy” rating reiterated by stock analysts at BTIG Research in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $100.00 price objective on the ride-sharing company’s stock. BTIG Research’s price objective would suggest a potential upside of 38.86% from the company’s current price.

Several other equities research analysts have also weighed in on the company. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. The Goldman Sachs Group set a $100.00 price target on shares of Uber Technologies in a report on Monday, June 29th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $104.18.

Check Out Our Latest Stock Analysis on UBER

Uber Technologies Stock Performance

UBER stock traded down $2.24 during midday trading on Tuesday, hitting $72.02. The company’s stock had a trading volume of 13,074,876 shares, compared to its average volume of 19,450,455. The stock has a market cap of $146.60 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 6.33 and a beta of 1.12. The stock’s 50-day moving average price is $72.98 and its 200 day moving average price is $75.33. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies has a 1 year low of $67.19 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts forecast that Uber Technologies will post 2.95 EPS for the current year.

Institutional Trading of Uber Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies during the 4th quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies in the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the third quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

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.

Further Reading

Analyst Recommendations for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.