Uber Technologies’ (UBER) Buy Rating Reiterated at BTIG Research

Uber Technologies (NYSE:UBERGet Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at BTIG Research in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $100.00 price objective on the ride-sharing company’s stock. BTIG Research’s target price would suggest a potential upside of 27.19% from the stock’s current price.

Several other analysts have also recently commented on the company. BNP Paribas Exane began coverage on Uber Technologies in a research report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. Melius Research set a $73.00 target price on shares of Uber Technologies in a research report on Monday, January 5th. Morgan Stanley decreased their price target 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, TD Cowen restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.29.

Get Our Latest Analysis on Uber Technologies

Uber Technologies Price Performance

Shares of UBER traded up $3.96 during mid-day trading on Tuesday, hitting $78.62. 16,406,257 shares of the company were exchanged, compared to its average volume of 21,255,527. The stock has a market cap of $161.81 billion, a price-to-earnings ratio of 16.70, a price-to-earnings-growth ratio of 6.72 and a beta of 1.22. Uber Technologies has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a 50 day moving average of $77.58 and a 200-day moving average of $86.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the previous year, the firm posted $3.21 earnings per share. The company’s quarterly 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. Analysts expect that Uber Technologies will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction dated 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 sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.70% of the stock is owned by company insiders.

Institutional Trading of Uber Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter worth about $25,000. Kilter Group LLC purchased a new stake in Uber Technologies during the second quarter worth about $26,000. Finally, Westend Capital Management LLC acquired a new stake in shares of Uber Technologies during the third quarter worth about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

Uber Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Uber Technologies (NYSE:UBER)

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