Uber Technologies (NYSE:UBER) Stock Price Target Cut by Barclays

Uber Technologies (NYSE:UBER) had its target price dropped by investment analysts at Barclays from $106.00 to $100.00 in a report released on Thursday, MarketBeat reports. The brokerage presently has an “overweight” rating on the ride-sharing company’s stock. Barclays‘s target price suggests a potential upside of 45.71% from the stock’s current price.

UBER has been the subject of a number of other reports. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Susquehanna cut their price target on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research report on Thursday, August 6th. Guggenheim reiterated a “buy” rating and issued a $125.00 price objective on shares of Uber Technologies in a research note on Thursday. DA Davidson decreased their price objective on Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Mizuho set a $112.00 target price on shares of Uber Technologies and gave the stock an “outperform” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, forty-four have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $101.82.

Uber Technologies Stock Performance

NYSE UBER traded down $0.15 during trading hours on Thursday, hitting $68.63. The company had a trading volume of 18,272,398 shares, compared to its average volume of 16,264,552. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies has a 1-year low of $64.04 and a 1-year high of $95.18. The company has a market cap of $140.18 billion, a PE ratio of 40.61, a price-to-earnings-growth ratio of 6.38 and a beta of 1.33. The business has a 50 day moving average of $70.14 and a 200-day moving average of $73.03.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The business had revenue of $14.77 billion for the quarter, compared to analysts’ expectations of $14.66 billion. During the same quarter in the previous year, the firm earned $3.11 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. As a group, equities research analysts expect that Uber Technologies will post 3.14 EPS for the current year.

Insider Buying and Selling

In related news, insider Andrew Macdonald purchased 70,000 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were purchased 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 in the company, valued at $32,327,845.60. This represents a 19.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the transaction, the chief executive officer directly owned 1,367,100 shares in the company, valued at $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pictet Asset Management Holding SA increased its holdings in shares of Uber Technologies by 2.9% in the third quarter. Pictet Asset Management Holding SA now owns 3,342,977 shares of the ride-sharing company’s stock valued at $229,027,000 after purchasing an additional 94,508 shares during the period. Formidable Asset Management LLC raised its stake in shares of Uber Technologies by 5.2% during the third quarter. Formidable Asset Management LLC now owns 24,653 shares of the ride-sharing company’s stock worth $1,779,000 after purchasing an additional 1,222 shares during the last quarter. Guidance Capital Inc. raised its stake in shares of Uber Technologies by 2.3% during the third quarter. Guidance Capital Inc. now owns 16,387 shares of the ride-sharing company’s stock worth $1,093,000 after purchasing an additional 376 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Uber Technologies by 279.5% during the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the ride-sharing company’s stock worth $2,740,000 after purchasing an additional 29,460 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of Uber Technologies by 4.8% during the third quarter. Kestra Private Wealth Services LLC now owns 182,404 shares of the ride-sharing company’s stock worth $12,496,000 after purchasing an additional 8,392 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Amazon is adding Uber Eats restaurant delivery to its U.S. Prime experience, including $0 delivery fees on qualifying orders of $25 or more. The partnership could expand Uber Eats’ reach and order volume. Amazon adds Uber food delivery perks for Prime subscribers
• Positive Sentiment: Uber reported Q3 revenue of $14.77 billion, gross bookings growth of 20%, and strong free cash flow. Adjusted earnings also edged past estimates, supporting the view that the underlying business is still growing. Uber: 3 key takeaways for long-term investors
• Neutral Sentiment: Analyst views remain divided. Wedbush reiterated Outperform and Guggenheim maintained Buy, while several firms lowered price targets; Canaccord’s $70 target and Hold rating are close to the share price. Wedbush reaffirms Outperform
• Negative Sentiment: Some analysts cut targets after the results, including Barclays ($106 to $100), KeyCorp ($105 to $95), and Canaccord ($72 to $70). These revisions may reinforce concerns about valuation and near-term upside. Analyst price-target updates
• Negative Sentiment: Uber’s CEO cited driver shortages and higher fuel costs in some international markets, which could raise incentives and constrain Mobility growth. The sharp year-over-year drop in GAAP net income has also drawn attention, despite stronger operating metrics. Uber CEO reveals a driver-supply problem
• Negative Sentiment: Commentary questioning whether expectations for future robotaxis are already reflected in Uber’s valuation adds another source of investor caution. Uber: The market is pricing tomorrow’s robotaxis into today’s earnings

About Uber Technologies

Uber Technologies, Inc operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats.

The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber’s platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.

Founded in San Francisco in 2009 as UberCab, the company expanded from ride-hailing into delivery and freight.