Uber Technologies (NYSE:UBER) Given “Overweight” Rating at Cantor Fitzgerald

Cantor Fitzgerald reiterated their overweight rating on shares of Uber Technologies (NYSE:UBER) in a research note published on Thursday morning,Benzinga reports. The brokerage currently has a $90.00 price target on the ride-sharing company’s stock.

A number of other equities research analysts have also recently issued reports on UBER. KeyCorp reduced their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Roth Capital decreased their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Wednesday, October 7th. Susquehanna dropped their price target on Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. Finally, UBS Group reduced their price target on Uber Technologies from $110.00 to $106.00 and set a “buy” rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, forty-four have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $101.82.

Uber Technologies Stock Performance

NYSE UBER opened at $68.78 on Thursday. The firm has a 50-day moving average of $70.30 and a 200-day moving average of $73.10. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.84 and a current ratio of 1.23. The stock has a market cap of $140.48 billion, a PE ratio of 40.70, a P/E/G ratio of 6.68 and a beta of 1.33. Uber Technologies has a 52-week low of $64.04 and a 52-week high of $95.18.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The business had revenue of $14.77 billion for the quarter, compared to analyst estimates of $14.66 billion. Uber Technologies had a net margin of 6.13% and a return on equity of 21.37%. Uber Technologies’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.11 EPS. On average, sell-side analysts anticipate that Uber Technologies will post 3.20 EPS for the current year.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 28,170 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $71.31, for a total value 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. The trade was a 15.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price 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 of the company’s stock, valued at $97,009,416. This trade represents a 11.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. Public Investment Fund acquired a new position in Uber Technologies in the second quarter valued at about $5,256,173,439. Legal & General Group Plc bought a new stake in Uber Technologies during the second quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Uber Technologies during the second quarter worth about $752,151,000. Baird Financial Group Inc. grew its stake in Uber Technologies by 64.4% during the second quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company’s stock worth $656,609,000 after buying an additional 3,564,073 shares in the last quarter. Finally, Fundsmith LLP bought a new position in Uber Technologies in the 2nd quarter valued at about $645,338,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Strong underlying growth and cash flow: Q3 gross bookings rose 20% for a fifth consecutive quarter. Adjusted EPS of $0.88 beat estimates, while non-GAAP operating income climbed 38%; reports also highlighted strong free cash flow. The sharp decline in GAAP net income largely reflects unusual tax and investment-related comparisons, rather than a comparable drop in core operating performance. Uber’s Profit Drop: A Speed Bump or Structural Shift?
• Positive Sentiment: Amazon distribution deal expands Eats reach: U.S. Prime members can order Uber Eats through Amazon’s website or app, with $0 delivery fees on qualifying orders of $25 or more. The partnership could bring Uber Eats more customers and orders. Amazon ditches Grubhub, taps Uber Eats for Prime
• Neutral Sentiment: Analysts remain broadly positive, but trimmed targets: Several firms lowered price targets after results while maintaining Buy or Overweight ratings, indicating continued optimism tempered by near-term execution concerns. Uber Q3 Mobility Miss On High Fuel Prices; Delivery, AV Momentum Intact
• Negative Sentiment: Near-term profit outlook disappointed: Q4 adjusted EPS guidance of $0.95–$0.99 came in below the roughly $1.06 analyst expectation. Mobility bookings and trips were constrained by driver shortages and high fuel costs, particularly in some international markets, with higher driver incentives adding pressure. Uber’s profit forecast disappoints as driver shortages, Middle East conflict hurt
• Negative Sentiment: Longer-term robotaxi competition risk: Waymo plans to end its exclusive Uber arrangement in Austin and Atlanta in January 2028, reducing Uber’s role in booking those rides. Waymo confirms it will split with Uber in January 2028

About Uber Technologies

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.