Uber Technologies (NYSE:UBER) Trading Up 1.1% – Time to Buy?

Uber Technologies, Inc. (NYSE:UBER) shares shot up 1.1% during mid-day trading on Friday . The stock traded as high as $74.59 and last traded at $73.7590. 20,206,093 shares were traded during mid-day trading, a decline of 9% from the average session volume of 22,176,164 shares. The stock had previously closed at $72.94.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Truist Financial set a $108.00 price objective on shares of Uber Technologies in a research report on Monday, February 9th. UBS Group set a $111.00 price objective on shares of Uber Technologies in a research report on Monday, February 2nd. BNP Paribas Exane assumed coverage on Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective on the stock. Morgan Stanley lowered their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 price objective on shares of Uber Technologies in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.61.

Uber Technologies Stock Performance

The firm’s 50-day simple moving average is $79.79 and its 200-day simple moving average is $88.51. The company has a market capitalization of $151.80 billion, a PE ratio of 15.66, a PEG ratio of 6.66 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38.

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

Insider Buying and Selling

In related 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 completion of the transaction, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.84% of the stock is owned by insiders.

Institutional Trading of Uber Technologies

Several large investors have recently modified their holdings of UBER. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at $25,000. Westend Capital Management LLC bought a new stake in Uber Technologies during the 3rd quarter valued at $27,000. Kilter Group LLC acquired a new stake in Uber Technologies in the second quarter worth approximately $26,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the fourth quarter worth $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

About Uber Technologies

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.