Uber Technologies (NYSE:UBER) Price Target Cut to $100.00 by Analysts at Needham & Company LLC

Uber Technologies (NYSE:UBER) had its price target reduced by stock analysts at Needham & Company LLC from $109.00 to $100.00 in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the ride-sharing company’s stock. Needham & Company LLC‘s price objective would suggest a potential upside of 42.95% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a report on Wednesday, October 7th. Wedbush reissued an “outperform” rating and issued a $91.00 price target on shares of Uber Technologies in a report on Tuesday, September 8th. Rosenblatt Securities started coverage on Uber Technologies in a research report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 price objective on the stock. Arete Research lowered Uber Technologies from a “buy” rating to a “neutral” rating and set a $74.00 price objective on the stock. in a research note on Thursday, September 10th. Finally, Evercore reiterated an “outperform” rating and set a $150.00 price objective on shares of Uber Technologies in a research report on Wednesday, August 5th. Two investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $102.49.

Uber Technologies Stock Performance

Shares of UBER opened at $69.95 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market cap of $142.89 billion, a P/E ratio of 15.37, a PEG ratio of 6.37 and a beta of 1.33. The company has a 50-day moving average of $70.50 and a two-hundred day moving average of $73.18. Uber Technologies has a 12-month low of $64.04 and a 12-month high of $95.44.

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

Insider Activity

In related news, insider Jill Hazelbaker sold 28,170 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the sale, the insider directly owned 149,525 shares in the company, valued at approximately $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. The trade was a 11.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently made changes to their positions in UBER. Dunhill Financial LLC purchased a new position in shares of Uber Technologies in the 2nd quarter valued at $28,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Uber Technologies during the 2nd quarter worth $29,000. William Mack & Associates Inc. purchased a new stake in Uber Technologies during the 3rd quarter worth $28,000. Elevation Wealth Partners LLC lifted its stake 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 worth $29,000 after purchasing an additional 277 shares in the last quarter. Finally, Balance Wealth Partners LLC purchased a new stake in shares of Uber Technologies in the third quarter worth about $29,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber reported third-quarter gross bookings growth of 20% and non-GAAP EPS of $0.88, slightly above estimates; non-GAAP operating income also rose 38%. The sharp decline in GAAP profit largely reflects unusual investment and tax-related comparisons, rather than a similar drop in core operating performance. Uber Q3 earnings
• Positive Sentiment: Amazon selected Uber Eats as its U.S. restaurant-delivery partner for Prime members. Orders through Amazon’s website and app could expand Uber Eats’ reach, although the financial contribution has not been disclosed. Amazon partnership article
• Neutral Sentiment: Uber is targeting about 700 fully driverless vehicles on its network by year-end and more than 2,000 in 2027, offering a potential long-term growth avenue. However, AI-agent ordering remains negligible so far—504 orders and rides against roughly 320 million weekly transactions. Long-term investor takeaways
• Negative Sentiment: Fourth-quarter adjusted EPS guidance of $0.95–$0.99 falls short of the roughly $1.06 analyst estimate. Driver shortages and higher fuel costs, especially in India and Brazil, are prompting more driver incentives and potentially higher rider prices, which could weigh on growth or margins. Reuters earnings outlook article
• Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, creating a future competitive risk in those markets. Waymo partnership article

Uber Technologies Company Profile

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.