Uber Technologies (NYSE:UBER) Earns Buy Rating from BTIG Research

Uber Technologies (NYSE:UBER)‘s stock had its “buy” rating restated by investment analysts at BTIG Research in a research note issued to investors on Thursday, Benzinga reports. They currently have a $100.00 price objective on the ride-sharing company’s stock. BTIG Research’s price target indicates a potential upside of 30.69% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Barclays cut their price objective on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, August 25th. Piper Sandler reissued an “overweight” rating on shares of Uber Technologies in a research report on Thursday, August 13th. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Finally, Roth Capital dropped their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.14.

Uber Technologies Stock Performance

NYSE:UBER opened at $76.52 on Thursday. Uber Technologies has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The company has a 50 day moving average price of $73.97 and a 200 day moving average price of $73.51. The stock has a market capitalization of $156.29 billion, a P/E ratio of 16.82, a PEG ratio of 6.06 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (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 company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the previous year, the company earned $0.60 earnings per share. The firm’s quarterly 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 forecast that Uber Technologies will post 3.39 EPS for the current year.

Hedge Funds Weigh In On Uber Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the 3rd quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth $25,000. Osbon Capital Management LLC purchased a new position in Uber Technologies in the fourth quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the fourth quarter valued at $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:

• Positive Sentiment: Rosenblatt upgrades Uber to “Strong Buy.” The firm’s bullish stance follows its earlier Buy rating and $100 price target, implying substantial upside from current levels. Rosenblatt views Uber as a durable, compounding platform with long-term growth potential. Tickerreport: Uber upgraded by Rosenblatt Securities
• Positive Sentiment: Uber and Wayve launched supervised robotaxi rides in London. The initiative expands Uber’s autonomous-vehicle strategy into a major European ride-hailing market and could strengthen its position as a platform for multiple self-driving partners. Investors also see the shift toward autonomous vehicles as a reason for Uber to redirect resources from traditional operations. Reuters: Uber and Wayve launch London robotaxis
• Positive Sentiment: Uber plans to eliminate about 3,300 jobs, or 10% of its workforce. The restructuring targets management layers and “micro-teams,” with expected savings redirected toward core rides, delivery and robotaxi investments. Although the scale of the cuts highlights organizational pressure, the market has interpreted the move as a potential efficiency and margin improvement catalyst. Bloomberg: Uber to cut 3,300 jobs
• Positive Sentiment: Delivery Hero’s management and supervisory boards recommended accepting Uber’s $15 billion takeover offer. Board backing improves the prospects of the proposed transaction, which would create one of the world’s largest on-demand food-delivery platforms and expand Uber’s international delivery footprint. TechCrunch: Delivery Hero board backs Uber bid
• Neutral Sentiment: Uber is winding down operations in Nigeria after 12 years. The exit may allow management to focus capital on higher-priority markets, but it also removes a local growth opportunity and reflects continued portfolio rationalization. Bloomberg: Uber exits Nigeria
• Negative Sentiment: European Uber drivers launched a class-action lawsuit over the company’s AI-based pay-setting system. The claims allege privacy violations and depressed driver earnings, creating potential legal costs, regulatory scrutiny and pressure on Uber’s labor model. The Guardian: Uber drivers launch European class action

Uber Technologies Company Profile

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.