
Uber Technologies, Inc. (NYSE:UBER – Free Report) – Analysts at Erste Group Bank raised their FY2027 EPS estimates for Uber Technologies in a note issued to investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the ride-sharing company will post earnings of $4.42 per share for the year, up from their previous estimate of $4.41. The consensus estimate for Uber Technologies’ current full-year earnings is $3.35 per share.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the business posted $0.60 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS.
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Uber Technologies Stock Up 0.4%
Uber Technologies stock opened at $70.80 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The business’s 50-day simple moving average is $73.63 and its two-hundred day simple moving average is $73.49. The company has a market cap of $144.61 billion, a PE ratio of 15.56, a PEG ratio of 5.74 and a beta of 1.16. Uber Technologies has a fifty-two week low of $65.41 and a fifty-two week high of $101.99.
Institutional Investors Weigh In On Uber Technologies
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wellington Altus USA Inc. raised its position in Uber Technologies by 65.0% during the second quarter. Wellington Altus USA Inc. now owns 2,039 shares of the ride-sharing company’s stock worth $147,000 after acquiring an additional 803 shares during the period. Anchor Investment Management LLC lifted its stake in Uber Technologies by 57.2% in the 2nd quarter. Anchor Investment Management LLC now owns 16,339 shares of the ride-sharing company’s stock valued at $1,179,000 after buying an additional 5,943 shares in the last quarter. Marathon Wealth Advisors LLC lifted its stake in Uber Technologies by 0.7% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 28,249 shares of the ride-sharing company’s stock valued at $2,038,000 after buying an additional 203 shares in the last quarter. IPG Investment Advisors LLC boosted its holdings in Uber Technologies by 14.6% in the 2nd quarter. IPG Investment Advisors LLC now owns 51,434 shares of the ride-sharing company’s stock worth $3,711,000 after buying an additional 6,568 shares during the last quarter. Finally, WINTON GROUP Ltd increased its stake in Uber Technologies by 77.9% during the 2nd quarter. WINTON GROUP Ltd now owns 192,400 shares of the ride-sharing company’s stock worth $13,884,000 after buying an additional 84,250 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling
In other Uber Technologies news, insider Andrew Macdonald acquired 70,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was acquired at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider directly owned 426,320 shares of the company’s stock, valued at $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Dara Khosrowshahi bought 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The shares were acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the purchase, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by insiders.
Uber Technologies Company Profile
Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.
Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.
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