Uber Technologies’ (UBER) Market Outperform Rating Reiterated at Citizens Jmp

Citizens Jmp reiterated their market outperform rating on shares of Uber Technologies (NYSE:UBER) in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a $100.00 target price on the ride-sharing company’s stock.

A number of other equities analysts also recently issued reports on UBER. Mizuho set a $112.00 price objective on shares of Uber Technologies in a report on Thursday, August 6th. Cantor Fitzgerald reduced their target price on shares of Uber Technologies from $98.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Uber Technologies in a research report on Tuesday, August 4th. Finally, Bank of America cut their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Stock Performance

Shares of UBER opened at $76.81 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies has a one year low of $65.41 and a one year high of $101.99. The firm has a market capitalization of $156.90 billion, a P/E ratio of 16.88, a PEG ratio of 6.32 and a beta of 1.13. The business has a fifty day moving average of $73.58 and a 200 day moving average of $73.39.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.Uber Technologies’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts anticipate that Uber Technologies will post 3.39 EPS for the current year.

Institutional Investors Weigh In On Uber Technologies

A number of institutional investors have recently added to or reduced their stakes in UBER. Wellington Grp LLC increased its holdings in shares of Uber Technologies by 71.9% in the second quarter. Wellington Grp LLC now owns 10,401 shares of the ride-sharing company’s stock worth $751,000 after purchasing an additional 4,351 shares during the last quarter. HighTower Advisors LLC grew its holdings in Uber Technologies by 12.7% during the 2nd quarter. HighTower Advisors LLC now owns 874,865 shares of the ride-sharing company’s stock valued at $63,130,000 after buying an additional 98,794 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Uber Technologies in the 2nd quarter worth approximately $18,809,000. California State Teachers Retirement System increased its stake in Uber Technologies by 6,342.7% in the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock worth $14,395,651,000 after acquiring an additional 196,399,787 shares during the last quarter. Finally, Greenland Capital Management LP raised its holdings in shares of Uber Technologies by 420.5% during the 2nd quarter. Greenland Capital Management LP now owns 7,750 shares of the ride-sharing company’s stock worth $559,000 after acquiring an additional 6,261 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber said it has stabilized AI-related spending even as weekly AI-agent usage has surged roughly 9.4 times. Improved infrastructure and model-cost efficiency could allow the company to expand AI features without proportionally increasing expenses. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Uber launched a formal €41.50-per-share cash offer for Delivery Hero after receiving approval from Germany’s BaFin. The transaction could expand Uber’s international delivery footprint and scale its marketplace. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Positive Sentiment: Uber continues to build its autonomous-vehicle ecosystem through partnerships, including Baidu’s fully driverless Apollo Go rides in Dubai through the Uber app and a planned expansion with Pony.ai in Europe. These agreements could help Uber benefit from autonomous transportation without bearing all vehicle-development costs. Baidu Takes Apollo Go Driverless Rides Overseas With Dubai Launch
• Positive Sentiment: Citizens JMP assigned Uber a market-outperform rating, adding supportive analyst sentiment. Uber Earns Market Outperform Rating
• Neutral Sentiment: Delivery Hero reported mixed first-half results: revenue exceeded expectations and 2026 guidance was raised, but the company posted a €392 million net loss. Its competitive challenges could affect the acquisition’s eventual returns. Delivery Hero H1 Earnings Show Mixed Results
• Negative Sentiment: The takeover introduces execution, integration and capital-allocation risks, particularly as Delivery Hero faces “brutal” competition in several markets. Investors may be cautious until the offer’s costs and strategic benefits become clearer. Delivery Hero Relies on Subscriptions as Uber Takeover Approaches
• Negative Sentiment: Recent trading coverage points to lingering technical weakness after Uber’s pullback from its record high. Longer-term concerns that autonomous vehicles could disrupt Uber’s traditional ride-hailing model remain an overhang despite the company’s partnerships. Uber Stock Is Trading Lower Today

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.