Uber Technologies, Inc. (NYSE:UBER – Get Free Report)’s share price was up 2.2% during trading on Thursday after an insider bought additional shares in the company. The company traded as high as $73.48 and last traded at $72.6450. 35,249,730 shares traded hands during mid-day trading, an increase of 82% from the average session volume of 19,318,006 shares. The stock had previously closed at $71.08.
Specifically, CEO Dara Khosrowshahi acquired 141,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the acquisition, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at approximately $97,009,416. The trade was a 11.50% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.
Analysts Set New Price Targets
A number of equities analysts have issued reports on UBER shares. Cantor Fitzgerald decreased their price target on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, August 6th. Tigress Financial upped their price objective on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, June 12th. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Uber Technologies in a research note on Wednesday, September 2nd. Finally, Roth Capital lowered their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $103.03.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Spain granted Uber, WeRide and AVOMO the country’s first national permit for Level 4 autonomous passenger-vehicle operations on public roads. The partners will begin mapping and testing 20 vehicles in Madrid, with commercial service targeted by the end of 2026. The approval strengthens Uber’s European robotaxi strategy and provides a regulatory foothold for broader expansion. Reuters Spain autonomous vehicle permit article
- Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million, increasing his direct ownership by 11.5%. The sizable purchase may signal management’s confidence that UBER is undervalued after its recent weakness. SEC insider purchase filing
- Positive Sentiment: Options activity was unusually bullish, with traders purchasing 177,652 call options—about 74% above the average daily call volume. Heavy call buying can indicate expectations for further upside, though it may also reflect short-term speculation.
- Positive Sentiment: Scotiabank initiated coverage with a “sector outperform” rating and a $100 price target. Wedbush has also assigned UBER an “outperform” rating, reinforcing the view that Uber’s cash generation and platform scale are being undervalued.
- Positive Sentiment: Uber Eats added more than 375 Wakefern supermarkets, including ShopRite and other regional banners, expanding its grocery-delivery marketplace and potential order frequency. Zacks Wakefern grocery deal article
- Neutral Sentiment: Uber’s latest quarter showed adjusted EPS of $0.81 versus an $0.80 estimate, while revenue rose 12.2% year over year to $14.19 billion. However, revenue slightly missed expectations, keeping execution and growth concerns in focus.
- Negative Sentiment: Uber’s approximately $4.5 billion debut eurobond financing supports its robotaxi ambitions but increases debt and raises questions about the returns and capital requirements of its broader autonomous-vehicle strategy.
Uber Technologies Stock Performance
The stock has a market cap of $148.38 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 5.79 and a beta of 1.16. The company’s 50-day simple moving average is $74.04 and its 200-day simple moving average is $73.62. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts predict that Uber Technologies, Inc. will post 3.45 EPS for the current fiscal year.
Hedge Funds Weigh In On Uber Technologies
Hedge funds and other institutional investors have recently modified their holdings of the stock. Cadence Bank boosted its holdings in shares of Uber Technologies by 1.7% in the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after buying an additional 122 shares during the period. Hazlett Burt & Watson Inc. raised its holdings in shares of Uber Technologies by 3.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock valued at $395,000 after acquiring an additional 139 shares during the period. Stonebrook Private Inc. raised its holdings in shares of Uber Technologies by 6.1% during the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock valued at $203,000 after acquiring an additional 143 shares during the period. Avion Wealth lifted its position in shares of Uber Technologies by 17.3% in the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock valued at $70,000 after acquiring an additional 145 shares in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its position in shares of Uber Technologies by 15.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company’s stock valued at $78,000 after acquiring an additional 147 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies Company Profile
Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.
Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.
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