Uber Technologies (NYSE:UBER) Stock Price Up 2.1% – Time to Buy?

Uber Technologies, Inc. (NYSE:UBER)’s share price was up 2.1% on Monday. The company traded as high as $67.47 and last traded at $66.6180. Approximately 17,624,073 shares changed hands during trading, a decline of 7% from the average session volume of 18,904,365 shares. The stock had previously closed at $65.25.

Key Uber Technologies News

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

• Positive Sentiment: Third-quarter gross bookings rose 20% to about $59.8 billion, and adjusted EPS increased 35% to $0.88, slightly above estimates. Revenue of $14.77 billion also topped expectations. Uber Q3 results and headwinds
• Positive Sentiment: Delivery strength and plans to expand Uber’s driverless fleet—targeting more than 2,000 vehicles by 2027—offer potential growth beyond core ride-hailing. Uber delivery and robotaxi plans
• Neutral Sentiment: The 92% decline in GAAP net income to $512 million largely reflects unusual prior-year tax and investment benefits, plus a current-quarter investment loss; adjusted operating measures improved. Uber financial results
• Negative Sentiment: Uber’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus. Management cited driver shortages, higher fuel costs and geopolitical pressures; added driver incentives could weigh on margins. Uber profit forecast and headwinds
• Negative Sentiment: Mobility bookings and trips missed expectations amid supply constraints, and Waymo plans to end its exclusive Uber robotaxi partnership in Austin and Atlanta by January 2028, creating a longer-term competitive risk in those markets. Waymo partnership split

Analysts Set New Price Targets

A number of equities research analysts recently commented on UBER shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Wednesday, September 30th. Arete Research downgraded Uber Technologies from a “buy” rating to a “neutral” rating and set a $74.00 target price for the company. in a research report on Thursday, September 10th. Cantor Fitzgerald restated an “overweight” rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Monday, October 12th. Susquehanna lowered their target price on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research note on Thursday, August 6th. Finally, Wells Fargo & Company upped their price target on Uber Technologies from $89.00 to $92.00 and gave the company an “overweight” rating in a research report on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $102.59.

Uber Technologies Price Performance

The firm’s 50 day moving average price is $70.50 and its two-hundred day moving average price is $73.18. 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 stock has a market cap of $142.89 billion, a PE ratio of 11.66, a P/E/G ratio of 6.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The company had revenue of $14.77 billion for the quarter, compared to analysts’ expectations of $14.66 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. Uber Technologies’s revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company posted $3.11 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In related news, CEO Dara Khosrowshahi bought 141,000 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were purchased at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the transaction, the chief executive officer directly owned 1,367,100 shares in the company, 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 accessible through this hyperlink. Also, insider Andrew Macdonald purchased 70,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, 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. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

Institutional Trading of Uber Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dunhill Financial LLC purchased a new position in Uber Technologies during the 2nd quarter valued at about $28,000. William Mack & Associates Inc. bought a new stake in shares of Uber Technologies during the third quarter valued at about $28,000. Elevation Wealth Partners LLC increased its position in shares of Uber Technologies by 209.8% during the second quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after buying an additional 277 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Uber Technologies in the second quarter worth about $29,000. Finally, Balance Wealth Partners LLC purchased a new stake in shares of Uber Technologies in the third quarter worth about $29,000. 80.24% of the stock is currently owned by institutional investors.

About Uber Technologies

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.