Uber Technologies (NYSE:UBER) Trading 1.6% Higher Following Analyst Upgrade

Uber Technologies, Inc. (NYSE:UBER) shares were up 1.6% on Thursday after Wells Fargo & Company raised their price target on the stock from $120.00 to $122.00. Wells Fargo & Company currently has an overweight rating on the stock. Uber Technologies traded as high as $88.24 and last traded at $87.6120. Approximately 15,473,620 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 21,080,965 shares. The stock had previously closed at $86.19.

Other equities research analysts have also issued research reports about the stock. Cowen reiterated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Wall Street Zen raised Uber Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $108.00 target price on shares of Uber Technologies in a research report on Wednesday, October 29th. Finally, Mizuho began coverage on Uber Technologies in a research note on Monday, September 29th. They issued an “outperform” rating and a $130.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $107.14.

Insider Buying and Selling

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the transaction, the insider directly owned 175,423 shares in the company, valued at approximately $14,096,992.28. This trade represents a 1.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,875 shares of company stock worth $1,348,818 in the last 90 days. 3.84% of the stock is owned by company insiders.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Robo-taxi headlines and CES reveal lift sentiment — coverage highlights Uber’s role in robotaxi partnerships (Lucid, Nuro) and positions Uber as a likely distribution partner for autonomous fleets, supporting upside expectations for growth and margins. Uber surges on robo-taxi optimism as Tesla slips
• Positive Sentiment: Articles report Uber shares reacted strongly to the Lucid–Nuro collaboration and on-road testing that target a 2026 robotaxi launch — this concreteness around timelines reduces uncertainty about AV disruption and supports upside. Uber Technologies (UBER) Is Up 5.5% After Anchoring Robotaxi Strategy On Lucid–Nuro Partner Fleets
• Positive Sentiment: Wells Fargo raised its price target to $122 and kept an “overweight” rating — a meaningful analyst endorsement that implies substantial upside from current levels and can attract momentum flows. Benzinga
• Positive Sentiment: Bank of America and Jefferies commentary reiterated buy/positive views citing AV partnerships, improving free-cash-flow profile and margin inflection — analyst support helps validate the narrative of transition from growth-at-all-costs to profitability. Uber: Buy Rating Backed by Autonomous Vehicle Partnerships
• Positive Sentiment: Uber renewed its global maps deal with TomTom — a modest but tangible operational win that should improve routing efficiency and margins across its core mobility and delivery services. Uber Renews Global Maps Deal With TomTom
• Neutral Sentiment: Broader analyst and press pieces (MarketBeat, Zacks, Fool) highlight Uber’s margin-inflection thesis and earnings/price-strength, supporting a longer-term bull case but noting that AV competition remains the key variable. Earnings Growth & Price Strength Make Uber a Stock to Watch
• Negative Sentiment: Melius Research cut its rating to “sell” (reported as an upgrade to a stronger sell stance in some feeds), which has pressured the stock in early trading and adds headline risk — conflicting analyst views increase volatility. Melius Research downgrade
• Negative Sentiment: Berger Montague PC launched an investigation into Uber’s board over oversight of rider safety and background checks — potential governance/legal overhang that could weigh on sentiment until resolved. INVESTIGATION ALERT: Berger Montague PC Investigates Uber

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the third quarter worth $25,000. Kilter Group LLC acquired a new stake in Uber Technologies in the 2nd quarter worth $26,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth about $27,000. West Oak Capital LLC acquired a new position in shares of Uber Technologies during the second quarter valued at about $28,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Uber Technologies in the second quarter valued at about $30,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 1.6%

The firm has a market cap of $182.04 billion, a P/E ratio of 11.26 and a beta of 1.20. The company’s 50 day moving average is $86.96 and its two-hundred day moving average is $91.37. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, beating the consensus estimate of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter in the prior year, the firm posted $1.20 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, sell-side analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.