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

BTIG Research reaffirmed their buy rating on shares of Uber Technologies (NYSE:UBER) in a report published on Thursday, Marketbeat.com reports. BTIG Research currently has a $100.00 target price on the ride-sharing company’s stock.

Other equities analysts have also issued research reports about the stock. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. The Goldman Sachs Group set a $100.00 price objective on Uber Technologies in a report on Monday, June 29th. Tigress Financial increased their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Bank of America reduced their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Finally, Rosenblatt Securities began coverage on Uber Technologies in a research note on Tuesday, September 1st. They set a “buy” rating and a $100.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.49.

Uber Technologies Trading Down 0.3%

NYSE UBER opened at $75.75 on Thursday. Uber Technologies has a 12 month low of $65.41 and a 12 month high of $101.99. The company has a 50-day moving average of $74.04 and a 200-day moving average of $73.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $154.72 billion, a P/E ratio of 16.65, a P/E/G ratio of 6.10 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share 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 business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same period in the prior year, the firm posted $0.60 EPS. The company’s revenue 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, equities analysts predict that Uber Technologies will post 3.45 earnings per share for the current year.

Institutional Inflows and Outflows

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

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Robotaxi rollout strengthens Uber’s long-term growth narrative. Uber and Wayve launched supervised autonomous rides in London using electric Ford Mustang Mach-E vehicles. The partnership allows Uber to commercialize self-driving technology without developing or manufacturing its own vehicles, potentially supporting higher margins with less capital investment. Uber and AI-firm Wayve launch London’s first robotaxis
• Positive Sentiment: Analyst support and earnings momentum are helping sentiment. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. Articles also note that shares are up 7.8% since the most recent earnings report, when Uber narrowly exceeded its quarterly EPS estimate and delivered double-digit revenue growth. Why Is Uber Up 7.8% Since Last Earnings Report?
• Positive Sentiment: Cost savings could improve profitability. Uber plans to eliminate management layers and streamline teams, which could reduce expenses and redirect resources toward artificial intelligence, autonomous rides and platform expansion. The market initially viewed the restructuring as a potential efficiency improvement rather than solely as a sign of weakness. Uber to Cut 10% of Jobs
• Neutral Sentiment: Execution and regulatory factors remain important. London rides are initially supervised, so Uber must demonstrate safety, consumer adoption and regulatory progress before autonomous services can scale meaningfully. Uber’s asset-light approach also leaves much of the technology development to partners such as Wayve.
• Negative Sentiment: The restructuring highlights disruption and competitive pressure. The planned reduction of roughly 3,300 employees, or about 10% of the workforce, is Uber’s largest round of cuts since the pandemic. Investment in robotaxis could also require substantial spending before producing material financial benefits, while Walmart’s expansion of restaurant delivery adds competition in Uber Eats. Uber to Lay Off 3,300 Employees

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.