Uber Technologies’ (UBER) Buy Rating Reiterated at Guggenheim

Guggenheim reissued their buy rating on shares of Uber Technologies (NYSE:UBER) in a research note issued to investors on Friday, Marketbeat reports. Guggenheim currently has a $125.00 target price on the ride-sharing company’s stock.

A number of other brokerages have also issued reports on UBER. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. Evercore reissued an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th. Wedbush reissued an “outperform” rating and issued a $91.00 price objective on shares of Uber Technologies in a research note on Tuesday, September 8th. Weiss Ratings upgraded Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, October 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.11.

Uber Technologies Trading Up 0.0%

Shares of NYSE:UBER opened at $70.36 on Friday. The company has a 50 day moving average of $73.10 and a 200-day moving average of $72.92. The firm has a market cap of $143.71 billion, a P/E ratio of 15.46, a P/E/G ratio of 6.01 and a beta of 1.27. Uber Technologies has a twelve month low of $65.41 and a twelve month high of $100.35. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the business earned $0.60 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts anticipate that Uber Technologies will post 3.20 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 28,170 shares of the firm’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 transaction 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. This trade represents a 15.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Andrew Macdonald bought 70,000 shares of Uber Technologies stock in a transaction that occurred on Friday, September 4th. The shares were acquired at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, 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 position. The SEC filing for this purchase provides additional information. Company insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently modified their holdings of UBER. Avion Wealth raised its holdings in Uber Technologies by 17.3% in the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after purchasing an additional 145 shares during the period. Capital Advisors Ltd. LLC boosted its position in shares of Uber Technologies by 15.8% during the first quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company’s stock worth $78,000 after purchasing an additional 147 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its position in shares of Uber Technologies by 5.9% during the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,700 shares of the ride-sharing company’s stock worth $194,000 after purchasing an additional 150 shares in the last quarter. Frazier Financial Advisors LLC boosted its position in shares of Uber Technologies by 8.5% during the first quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company’s stock worth $140,000 after purchasing an additional 152 shares in the last quarter. Finally, Revisor Wealth Management LLC grew its holdings in shares of Uber Technologies by 3.5% in the 1st quarter. Revisor Wealth Management LLC now owns 4,587 shares of the ride-sharing company’s stock valued at $330,000 after buying an additional 153 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

• Positive Sentiment: Guggenheim reaffirmed its “buy” rating and set a $125 price target, implying significant upside from current levels. Wall Street analysts also see a potential recovery to new all-time highs in 2027, supporting the long-term bull case. Guggenheim rating and price target Uber 2027 outlook
• Positive Sentiment: Uber’s revenue growth and scale compare favorably with Coupang, with the company showing a steadier upward sales trajectory across recent comparable periods. Uber and Coupang revenue comparison
• Positive Sentiment: Uber began a self-driving robotaxi trial in Manchester, potentially strengthening its future positioning in autonomous transportation and mobility partnerships. Uber Manchester robotaxi trial
• Neutral Sentiment: Erste Group Bank issued a fiscal 2027 earnings estimate for Uber, indicating continued analyst attention but providing limited immediate insight into near-term earnings momentum. Erste Group 2027 earnings estimate
• Negative Sentiment: Emerald Wealth Partners exited Uber from its Q3 growth strategy. The move may weigh on sentiment by signaling that at least one investment manager sees a more attractive risk-reward profile elsewhere. Emerald Wealth Partners exit
• Negative Sentiment: Lyft is launching Alcove, a business-travel and chauffeur brand, intensifying competition in an important corporate transportation segment. Lyft Alcove business travel brand
• Negative Sentiment: Uber settled a sexual-assault lawsuit before trial, removing immediate litigation risk but renewing scrutiny of the company’s safety record and reputation. Uber sexual-assault lawsuit settlement
• Negative Sentiment: Recent coverage highlights investor concerns about robotaxi disruption, weak guidance and other longer-term risks, helping explain the stock’s recent weakness despite optimistic analyst targets. Uber outlook and robotaxi concerns

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.