Uber Technologies (NYSE:UBER) Earns Buy Rating from Analysts at Rosenblatt Securities

Rosenblatt Securities initiated coverage on shares of Uber Technologies (NYSE:UBER) in a report released on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $100.00 target price on the ride-sharing company’s stock.

Other equities analysts have also recently issued reports about the company. Roth Capital cut their price objective on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a report on Monday, May 11th. JPMorgan Chase & Co. boosted their target price on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Finally, TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. Two equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.49.

Uber Technologies Stock Performance

NYSE UBER opened at $76.04 on Tuesday. Uber Technologies has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a fifty day moving average of $74.05 and a 200-day moving average of $73.55. The company has a market capitalization of $155.32 billion, a P/E ratio of 16.71, a P/E/G ratio of 6.16 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.

Uber Technologies (NYSE:UBER) last released 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 for the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the firm earned $0.60 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts predict that Uber Technologies will post 3.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Cadence Bank increased its stake in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of Uber Technologies by 3.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock valued at $395,000 after purchasing an additional 139 shares during the period. KPP Advisory Services LLC grew its holdings in shares of Uber Technologies by 4.3% in the fourth quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company’s stock worth $278,000 after purchasing an additional 140 shares during the last quarter. Stonebrook Private Inc. grew its holdings in shares of Uber Technologies by 6.1% in the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock worth $203,000 after purchasing an additional 143 shares during the last quarter. Finally, Avion Wealth increased its stake in shares of Uber Technologies by 17.3% in the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after buying an additional 145 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: London robotaxi launch advances Uber’s autonomous strategy. Uber and Wayve have begun offering supervised autonomous rides in London, initially with safety drivers. The rollout gives Uber access to Wayve’s AI technology without having to develop and manufacture its own autonomous vehicles, and could eventually expand to other cities. Uber and AI-firm Wayve launch London’s first robotaxis
• Positive Sentiment: Workforce reduction is being positioned as an efficiency and investment move. Uber plans to eliminate approximately 3,300 jobs, or about 10% of its global workforce, mainly by removing management layers and consolidating teams. Management says the savings and simpler structure will support core rides, delivery and autonomous-vehicle initiatives. Investors initially viewed the restructuring favorably because it could improve operating leverage. Uber to cut 10% of workforce in bid to move simpler and faster
• Positive Sentiment: Analyst sentiment remains supportive. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. These calls imply substantial upside from recent trading levels, although they remain dependent on execution and the company’s robotaxi investment case.
• Neutral Sentiment: Delivery Hero deal gains an important endorsement. Delivery Hero’s management and supervisory boards recommended that shareholders accept Uber’s approximately $15 billion takeover offer. The transaction could strengthen Uber’s global delivery platform, but financing, regulatory approval and integration risks remain. Delivery Hero board backs Uber’s $15B takeover bid
• Negative Sentiment: Layoffs highlight disruption and execution risk. The cuts are Uber’s largest since the pandemic and could signal a need to control costs as competition intensifies and robotaxis threaten the traditional driver-based model.
• Negative Sentiment: Regulatory and competitive pressures persist. Uber is winding down operations in Nigeria, faces a European class-action lawsuit over its driver-management algorithms, and competes with Walmart-backed delivery alternatives. These developments could limit growth or increase compliance and labor costs.

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.