Uber Technologies (NYSE:UBER) Stock Rating Upgraded by Melius Research

Uber Technologies (NYSE:UBERGet Free Report) was upgraded by research analysts at Melius Research to a “strong sell” rating in a report issued on Monday,Zacks.com reports.

Several other research analysts have also recently weighed in on the stock. BMO Capital Markets cut their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Cowen reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Royal Bank Of Canada set a $110.00 target price on Uber Technologies in a research note on Wednesday, November 5th. Wall Street Zen raised Uber Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Wedbush cut their price objective on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $107.33.

Check Out Our Latest Report on Uber Technologies

Uber Technologies Trading Up 0.8%

Shares of Uber Technologies stock opened at $86.19 on Monday. The company has a market capitalization of $179.09 billion, a P/E ratio of 11.08 and a beta of 1.20. The stock has a fifty day simple moving average of $86.96 and a 200 day simple moving average of $91.37. Uber Technologies has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The firm had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the previous year, the firm earned $1.20 EPS. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Uber Technologies will post 2.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Tony West sold 3,125 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the transaction, the insider owned 175,423 shares in the company, valued at approximately $14,096,992.28. This represents a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 14,875 shares of company stock valued at $1,348,818 over the last three months. Company insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UBER. Norges Bank purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Kingstone Capital Partners Texas LLC boosted its stake in Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after buying an additional 19,967,705 shares during the period. Pacer Advisors Inc. boosted its stake in Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after buying an additional 4,133,532 shares during the period. Vanguard Group Inc. grew its position in Uber Technologies by 1.6% during the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after buying an additional 3,025,483 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

  • Positive Sentiment: Uber, Lucid and Nuro unveiled a production-intent robotaxi at CES and have begun on-road testing with plans to launch a robotaxi service this year — a development that could meaningfully expand Uber’s SAM (serviceable addressable market) and long-term margins. Uber & Partners Reveal Robotaxi Design at CES
  • Positive Sentiment: Jefferies reiterated a Buy rating, calling the recent pullback — driven by renewed AV concerns — an attractive entry point given limited near-term competitive impact from AVs. That analyst stance supports the rebound narrative. Uber Technologies pullback creates buying opportunity, says Jefferies analysts
  • Positive Sentiment: Bank of America reiterated a bullish view (Buy), citing AV partnerships and free-cash-flow valuation upside — another institutional endorsement helping drive demand. Uber: Buy Rating Backed by Autonomous Vehicle Partnerships
  • Neutral Sentiment: TomTom renewed/strengthened its mapping partnership with Uber to integrate maps and live services across Uber’s platform — operationally supportive but lower-impact on near-term earnings. TomTom and Uber strengthen ties
  • Neutral Sentiment: Several media pieces and analyst-roundup articles revisit Uber’s 3?year outlook and valuation tradeoffs (growth vs. AV uncertainty), offering mixed views—useful for strategy but not immediate catalysts. Where Will Uber Technologies Stock Be in 3 Years?
  • Negative Sentiment: Berger Montague launched an investigation into Uber’s board for potential breaches of fiduciary duty tied to rider safety and background-check oversight — a governance/legal risk that could increase liabilities or negative headlines. Berger Montague investigation alert
  • Negative Sentiment: Melius Research downgraded UBER to Sell and media noted an immediate share decline after the downgrade, highlighting that some analysts remain concerned about valuation and execution risks. Uber Rating Lowered to Sell at Melius
  • Negative Sentiment: Bloomberg Law reported Uber failed to delay a sexual-assault trial or block a related ad campaign — ongoing litigation and reputational matters can pressure sentiment and increase legal costs. Uber fails to delay sexual-assault trial

About Uber Technologies

(Get Free Report)

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.

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