Uber Technologies (NYSE:UBER) Lowered to “Hold” Rating by Arete Research

Arete Research downgraded shares of Uber Technologies (NYSE:UBER) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks reports.

Other equities analysts have also recently issued research reports about the company. Barclays lowered their target price on 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 price target on Uber Technologies in a research note on Monday, June 29th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Wednesday, August 19th. Weiss Ratings raised Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 4th. Finally, Susquehanna dropped their price objective on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $103.03.

Uber Technologies Stock Performance

NYSE UBER opened at $72.64 on Thursday. The firm’s fifty day moving average price is $74.01 and its two-hundred day moving average price is $73.61. The stock has a market cap of $148.38 billion, a PE ratio of 15.97, a PEG ratio of 5.63 and a beta of 1.16. Uber Technologies has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the prior year, the business earned $0.60 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies will post 3.45 EPS for the current fiscal year.

Insider Activity

In other Uber Technologies news, CEO Dara Khosrowshahi bought 141,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares in the company, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Andrew Macdonald acquired 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The shares were bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the transaction, the insider owned 426,320 shares in the company, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by corporate insiders.

Institutional Trading of Uber Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. IPG Investment Advisors LLC raised its holdings in shares of Uber Technologies by 14.6% in the 2nd quarter. IPG Investment Advisors LLC now owns 51,434 shares of the ride-sharing company’s stock worth $3,711,000 after acquiring an additional 6,568 shares during the last quarter. WINTON GROUP Ltd lifted its stake in Uber Technologies by 77.9% during the 2nd quarter. WINTON GROUP Ltd now owns 192,400 shares of the ride-sharing company’s stock valued at $13,884,000 after acquiring an additional 84,250 shares in the last quarter. Concorde Asset Management LLC lifted its stake in Uber Technologies by 6.3% during the 2nd quarter. Concorde Asset Management LLC now owns 6,401 shares of the ride-sharing company’s stock valued at $462,000 after acquiring an additional 379 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Uber Technologies by 17.1% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,359 shares of the ride-sharing company’s stock worth $387,000 after acquiring an additional 781 shares during the last quarter. Finally, RFG Advisory LLC boosted its holdings in Uber Technologies by 13.1% during the 2nd quarter. RFG Advisory LLC now owns 11,174 shares of the ride-sharing company’s stock worth $806,000 after acquiring an additional 1,290 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. The large purchase is being interpreted as a signal that management considers Uber undervalued. Uber CEO stock purchase article
• Positive Sentiment: Scotiabank initiated coverage with a “sector outperform” rating and a $100 price target, implying significant upside from recent trading levels. Wedbush has also maintained an “outperform” rating, reinforcing the favorable sell-side view.
• Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. The partners plan to begin mapping and supervised testing with an initial 20-vehicle fleet in Madrid, targeting commercial operations by the end of 2026. The approval supports Uber’s strategy of offering robotaxi services through partners rather than building vehicles itself. Reuters Spain autonomous vehicle permit article
• Positive Sentiment: A new Wakefern partnership adds more than 375 supermarkets, including ShopRite and other regional banners, to Uber Eats. The deal expands grocery delivery scale and strengthens Uber’s presence in recurring everyday purchases. Uber Wakefern grocery partnership article
• Neutral Sentiment: Unusually heavy call-option activity and management commentary at the Goldman Sachs technology conference indicate heightened investor interest, but options positioning and conference remarks do not necessarily change Uber’s underlying earnings outlook.
• Negative Sentiment: Uber drivers in Amsterdam sued over claims that the company’s pay algorithm reduced earnings and violated privacy laws. Potential legal costs, regulatory scrutiny and changes to driver compensation could pressure margins if the claims gain traction. Amsterdam Uber driver lawsuit article
• Negative Sentiment: Management said savings from layoffs and lower insurance costs may be used to reduce ride prices. While this could stimulate demand, it may also limit near-term revenue or margin expansion and adds to concerns surrounding Uber’s restructuring and large autonomous-vehicle investments.

About Uber Technologies

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.