Uber Technologies’ (UBER) “Buy” Rating Reaffirmed at Guggenheim

Uber Technologies (NYSE:UBER)‘s stock had its “buy” rating reaffirmed by analysts at Guggenheim in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They presently have a $125.00 price objective on the ride-sharing company’s stock. Guggenheim’s price target indicates a potential upside of 78.00% from the stock’s current price.

UBER has been the subject of a number of other research reports. BMO Capital Markets set a $119.00 price target on shares of Uber Technologies in a research note on Thursday, September 3rd. Roth Capital dropped their target price 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. Barclays dropped their target price on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a report on Monday, June 29th. Finally, KeyCorp lowered their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $103.11.

Uber Technologies Stock Down 1.5%

Shares of Uber Technologies stock traded down $1.05 during trading hours on Friday, hitting $70.22. The company had a trading volume of 7,217,501 shares, compared to its average volume of 18,917,068. The company’s 50-day moving average is $73.19 and its two-hundred day moving average is $72.91. Uber Technologies has a twelve month low of $65.41 and a twelve month high of $100.35. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $143.43 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 5.91 and a beta of 1.27.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the business posted $0.60 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts anticipate that Uber Technologies will post 3.20 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Dara Khosrowshahi bought 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The shares were acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This trade represents a 11.50% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew Macdonald bought 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The shares were purchased at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 3.81% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UBER. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Portus Wealth Advisors LLC bought a new stake in shares of Uber Technologies in the first quarter worth $25,000. Dunhill Financial LLC bought a new stake in shares of Uber Technologies in the second quarter worth $28,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Uber Technologies in the second quarter worth $29,000. 80.24% of the stock is owned by institutional investors and hedge funds.

More Uber Technologies News

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

• Positive Sentiment: Guggenheim reaffirmed its “Buy” rating and set a $125 price target, implying substantial upside from recent trading levels. The bullish view supports the argument that Uber’s earnings and growth prospects are undervalued. Guggenheim rating report
• Positive Sentiment: Wall Street analysts increasingly expect Uber’s recovery to continue and potentially lead to a new all-time high in 2027. Separate comparisons also highlight Uber’s steadier revenue growth, larger sales base and stronger profitability than Coupang, while valuation commentary describes the stock as inexpensive relative to peers. Wall Street Uber outlook
• Positive Sentiment: Uber has begun a self-driving robotaxi trial in Manchester, providing a potential avenue for future growth and demonstrating progress in autonomous mobility, although the commercial impact remains uncertain. Uber Manchester robotaxi trial
• Neutral Sentiment: Erste Group issued a FY2027 earnings estimate for Uber, but the available report does not provide enough detail to determine whether the revision is bullish or bearish. Erste Group Uber earnings estimate
• Negative Sentiment: Emerald Wealth Partners disclosed that its Growth Equity Strategy exited Uber during the third quarter. While this reflects one manager’s portfolio decision, it may weigh on sentiment by signaling reduced conviction from an institutional investor. Emerald Wealth Partners exit
• Negative Sentiment: Uber settled a sexual-assault lawsuit before trial. The resolution removes some litigation uncertainty, but the case renews concerns about safety, reputation and potential future costs. Uber sexual-assault lawsuit settlement
• Negative Sentiment: Lyft is launching Alcove, a business-travel and chauffeur-focused service, intensifying competition in an attractive segment where Uber operates. Investors are also concerned that robotaxis and weak guidance could pressure Uber’s traditional ride-hailing economics. Lyft Alcove business travel service

Uber Technologies Company Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.