Traders Purchase High Volume of Uber Technologies Call Options (NYSE:UBER)

Uber Technologies, Inc. (NYSE:UBER) was the recipient of unusually large options trading on Thursday. Traders bought 135,530 call options on the company. This is an increase of 55% compared to the typical volume of 87,666 call options.

Institutional Trading of Uber Technologies

A number of hedge funds have recently made changes to their positions in UBER. Osbon Capital Management LLC bought a new position in Uber Technologies in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the fourth quarter worth about $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies in the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter valued at about $27,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Price Performance

Shares of UBER stock traded up $2.33 during trading on Thursday, hitting $70.51. The company had a trading volume of 24,301,653 shares, compared to its average volume of 19,510,182. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s 50-day moving average is $71.78 and its two-hundred day moving average is $73.82. The stock has a market capitalization of $143.53 billion, a price-to-earnings ratio of 17.59, a price-to-earnings-growth ratio of 6.58 and a beta of 1.13. Uber Technologies has a 52 week low of $65.41 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) last announced 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 15.91% and a return on equity of 41.40%. The business had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same period in the previous year, the business posted $0.60 earnings per share. Uber Technologies’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. As a group, analysts predict that Uber Technologies will post 2.99 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on UBER shares. Wells Fargo & Company decreased their price objective on Uber Technologies from $100.00 to $89.00 and set an “overweight” rating on the stock in a research note on Thursday. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a report on Monday, May 11th. Finally, Wolfe Research set a $100.00 price target on shares of Uber Technologies in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.

Uber Technologies News Roundup

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

• Positive Sentiment: Strong Q2 operating performance: Gross bookings rose 24% to approximately $58.0 billion, trips increased 18% to 3.9 billion, and monthly active platform consumers grew 16% to 208 million. Adjusted EBITDA increased 33% year over year to $2.8 billion, while trailing 12-month free cash flow exceeded $10 billion. Uber Q2 Revenue Rises 12% as GAAP Diluted EPS Hits $1.17
• Positive Sentiment: Autonomous-vehicle progress: Transport for London granted licenses for Wayve vehicles to conduct supervised private-hire rides, moving Uber closer to launching autonomous services in London. Uber is also pursuing a major robotaxi deployment with Rivian and expects autonomy to broaden its platform over time. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: Analyst support remains favorable: Guggenheim, Needham and Bernstein maintained positive ratings, while Guggenheim set a $125 target and Needham set a $109 target. Bank of America kept a Buy rating and raised earnings estimates despite reducing its target to $101. Uber price target lowered by Bank of America despite higher earnings outlook
• Neutral Sentiment: Delivery and platform expansion: Delivery growth, hotel booking and potential drone-delivery initiatives could increase cross-platform engagement, but these businesses remain longer-term opportunities rather than immediate earnings drivers.
• Negative Sentiment: Soft Q3 outlook: Uber forecast adjusted EPS of $0.84–$0.88, below the roughly $0.89–$0.91 analyst consensus, while bookings guidance was around expectations and foreign-exchange pressure is expected to restrain growth. Uber issues weaker-than-expected bookings and earnings forecasts
• Negative Sentiment: Capital-allocation concerns: Management plans to invest more than $10 billion in autonomous vehicles while pursuing acquisitions, including the proposed Delivery Hero transaction. Investors are concerned that capital-intensive robotaxi expansion could pressure Uber’s historically asset-light model and near-term profitability.
• Negative Sentiment: Competitive pressure: Uber cited slower trips in Brazil amid stronger local competition, while Waymo’s potential move toward its own ride-hailing app and DoorDash’s drone-delivery efforts add uncertainty to Uber’s long-term competitive position.

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.