Erste Group Bank Issues Positive Outlook for UBER Earnings

Uber Technologies, Inc. (NYSE:UBERFree Report) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for shares of Uber Technologies in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now forecasts that the ride-sharing company will earn $3.36 per share for the year, up from their previous forecast of $3.35. The consensus estimate for Uber Technologies’ current full-year earnings is $2.95 per share. Erste Group Bank also issued estimates for Uber Technologies’ FY2027 earnings at $4.40 EPS.

Several other brokerages have also recently weighed in on UBER. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Truist Financial upped their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Piper Sandler raised their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada assumed coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.65.

View Our Latest Report on UBER

Uber Technologies Stock Up 1.8%

Shares of NYSE UBER opened at $73.96 on Friday. The firm’s fifty day moving average is $72.78 and its 200 day moving average is $75.16. Uber Technologies has a 52 week low of $67.19 and a 52 week high of $101.99. 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 company has a market cap of $150.55 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 6.18 and a beta of 1.12.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS.

Institutional Trading of Uber Technologies

Several institutional investors and hedge funds have recently bought and sold shares of UBER. Vanguard Group Inc. raised its holdings in Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Mach 1 Financial Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter worth about $1,220,000. Teacher Retirement System of Texas grew its position in shares of Uber Technologies by 17.6% in the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after buying an additional 82,851 shares during the period. Robinhood Asset Management LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Uber Technologies in the 4th quarter worth about $17,336,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Uber Technologies

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

Uber Technologies Company Profile

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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.

Further Reading

Earnings History and Estimates for Uber Technologies (NYSE:UBER)

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