Citizens Jmp Upgrades Uber Technologies (NYSE:UBER) to “Outperform”

Uber Technologies (NYSE:UBER) was upgraded by Citizens Jmp from a “market perform” rating to an “outperform” rating in a report released on Wednesday. The brokerage presently has a $100.00 price objective on the ride-sharing company’s stock. Citizens Jmp’s price target would suggest a potential upside of 35.74% from the company’s current price.

A number of other brokerages have also recently weighed in on UBER. Erste Group Bank cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Tuesday, October 28th. KeyCorp cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Truist Financial raised their target price on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, BNP Paribas Exane initiated coverage on Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $107.00.

Uber Technologies Stock Down 5.5%

NYSE UBER traded down $4.26 during trading on Wednesday, hitting $73.67. 62,793,890 shares of the company traded hands, compared to its average volume of 21,169,424. The company has a market capitalization of $153.07 billion, a P/E ratio of 9.47 and a beta of 1.21. The business has a fifty day simple moving average of $83.78 and a 200 day simple moving average of $90.05. Uber Technologies has a 12 month low of $60.63 and a 12 month high of $101.99. 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 (NYSE:UBER) last issued its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm’s revenue was up 20.4% compared to the same quarter last year. During the same period last year, the business earned $1.20 EPS. As a group, sell-side analysts predict that Uber Technologies will post 2.54 EPS for the current year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value 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 approximately $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 14,875 shares of company stock worth $1,319,130. 3.70% of the stock is currently owned by insiders.

Institutional Trading of Uber Technologies

Several large investors have recently added to or reduced their stakes in UBER. Norges Bank bought a new position in shares of Uber Technologies in the second quarter valued at about $2,348,319,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after purchasing an additional 5,293,822 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after purchasing an additional 4,133,532 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 1.6% in the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Uber Technologies by 4,471.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after buying an additional 2,901,936 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Revenue, gross bookings and margins beat expectations — Q4 revenue rose ~20% and gross bookings topped guidance, while adjusted EBITDA and cash flow showed meaningful improvement, supporting the view of durable demand. Proactive: Uber beats on gross bookings but EPS misses estimates
• Positive Sentiment: Record engagement and AV progress — Uber reported ~200 million monthly users and emphasized accelerating autonomous/robotaxi partnerships and expansion (new markets cited), which investors view as a multi‑year growth catalyst. PYMNTS: With 200 Million Monthly Users, Uber Readies for Autonomous Rides
• Positive Sentiment: Analyst support remains — Several firms reaffirmed buy ratings and high price targets (e.g., BTIG, Needham), signaling continued institutional conviction despite the near‑term noise. Benzinga: Buy ratings / price targets
• Neutral Sentiment: New CFO named — Balaji Krishnamurthy was promoted to CFO; he’s a vocal supporter of robotaxis. This could accelerate AV strategy (positive long term) but represents management change risk in the near term. TechCrunch: Uber appoints new CFO as its AV plans accelerate
• Negative Sentiment: Adjusted EPS missed — Q4 adjusted EPS came in below consensus (and some outlets reported a large GAAP swing), which was the headline disappointment that pressured the stock despite revenue strength. Zacks: UBER Q4 Earnings Miss Estimates
• Negative Sentiment: Guidance and margin pressure — Uber guided Q1 EPS below consensus (EPS range ~0.65–0.72 vs. higher Street estimates) and said cheaper ride options boosted trips but hurt near‑term margins; that outlook amplified selling. Reuters: Uber forecasts profit below estimates
• Negative Sentiment: Market reaction and volume — The stock is trading with heavy volume as investors rotate away from the headline EPS/guidance miss even though several longer‑term metrics stayed strong. MarketWatch: Stock reacts to profit miss

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.