Uber Technologies (NYSE:UBER) Stock Price Up 2.7% – Still a Buy?

Uber Technologies, Inc. (NYSE:UBER) was up 2.7% on Thursday . The company traded as high as $76.10 and last traded at $74.76. Approximately 22,327,129 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 22,070,326 shares. The stock had previously closed at $72.83.

Key Uber Technologies News

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

• Positive Sentiment: Uber launched Uber Air (air taxi bookings integrated into the Uber app) in partnership with Joby Aviation, with first commercial flights planned for Dubai in 2026 — a long-term growth/revenue optionality story that investors are rewarding. Uber Air Is Officially Here
• Positive Sentiment: Joby and Uber confirmed in-app booking for eVTOL flights and Dubai launch timing; coverage notes Joby’s improving fundamentals and the tie-up’s potential to accelerate urban air mobility monetization. The eVTOL Era is Beginning With Uber and Joby Aviation
• Positive Sentiment: The Biden-era contractor rule is being rolled back by the current administration, which reduces the risk of stricter employee classification for gig companies and supports Uber’s cost model and margins. Trump administration moves to nix Biden-era rule on independent contractors
• Positive Sentiment: Insider buying was reported, a signal some investors interpret as management confidence in the stock’s prospects. Insider Buying Activity
• Positive Sentiment: BTIG and other analysts remain constructive (Buy ratings and ~$100 targets cited), supporting upside expectations versus recent trading levels. Analyst Bullish Coverage
• Neutral Sentiment: Uber’s acquisition of SpotHero aims to broaden mobility services and parking integration; strategic fit is positive but near-term financial impact is modest. Uber Buys SpotHero
• Neutral Sentiment: Analyst fair-value tweaks and sector multiple resets changed some price targets slightly lower, reflecting updated models rather than a broad shift in conviction. Analysts Reset Valuations
• Negative Sentiment: Driver protests in markets like Seattle spotlight supply/demand imbalance and regulatory/labor friction risk that could pressure trip economics in some regions. Seattle Driver Protest

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on UBER shares. Arete Research set a $125.00 price objective on shares of Uber Technologies and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Wall Street Zen lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. UBS Group set a $111.00 price target on shares of Uber Technologies in a report on Monday, February 2nd. Guggenheim lowered their price objective on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Finally, BNP Paribas Exane began coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $104.53.

Uber Technologies Trading Up 0.5%

The firm’s 50 day moving average is $79.06 and its 200 day moving average is $87.91. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $154.76 billion, a PE ratio of 15.97, a P/E/G ratio of 6.86 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The firm had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.84% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Uber Technologies

Institutional investors have recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter valued at about $25,000. Westend Capital Management LLC purchased a new position in shares of Uber Technologies during the third quarter valued at approximately $27,000. Kilter Group LLC purchased a new position in shares of Uber Technologies during the second quarter valued at approximately $26,000. Imprint Wealth LLC bought a new position in Uber Technologies during the third quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the fourth quarter worth approximately $27,000. 80.24% of the stock is owned by institutional investors.

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.