Uber Technologies’ (UBER) Outperform Rating Reiterated at Wedbush

Uber Technologies (NYSE:UBER)‘s stock had its “outperform” rating reissued by equities research analysts at Wedbush in a research note issued on Thursday, Benzinga reports. They currently have a $91.00 price target on the ride-sharing company’s stock. Wedbush‘s price objective indicates a potential upside of 30.08% from the company’s current price.

A number of other research firms have also weighed in on UBER. Susquehanna lowered their price target on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Wednesday, October 7th. KeyCorp cut their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. The Goldman Sachs Group restated a “buy” rating and set a $110.00 price objective on shares of Uber Technologies in a research report on Thursday. Finally, Piper Sandler restated an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $102.49.

Uber Technologies Stock Performance

NYSE:UBER opened at $69.95 on Thursday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a fifty-two week low of $64.04 and a fifty-two week high of $95.44. The company has a market cap of $142.89 billion, a P/E ratio of 15.37, a P/E/G ratio of 6.37 and a beta of 1.33. The firm’s 50 day moving average is $70.50 and its two-hundred day moving average is $73.18.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.77 billion during the quarter, compared to the consensus estimate of $14.66 billion. During the same quarter in the prior year, the company earned $3.11 EPS. The company’s revenue was up 9.6% on a year-over-year basis. Analysts expect that Uber Technologies will post 3.20 EPS for the current year.

Insider Buying and Selling

In other news, insider Andrew Macdonald purchased 70,000 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was purchased at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This trade represents a 19.65% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 28,170 shares of Uber Technologies stock in a transaction on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is owned by corporate insiders.

Institutional Trading of Uber Technologies

Several institutional investors have recently modified their holdings of the company. Dunhill Financial LLC acquired a new position in Uber Technologies in the second quarter worth approximately $28,000. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Uber Technologies in the second quarter valued at $29,000. William Mack & Associates Inc. acquired a new stake in shares of Uber Technologies during the 3rd quarter valued at $28,000. Elevation Wealth Partners LLC lifted its position in shares of Uber Technologies by 209.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after acquiring an additional 277 shares during the last quarter. Finally, Balance Wealth Partners LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: Uber reported third-quarter gross bookings growth of 20% and non-GAAP EPS of $0.88, slightly above estimates; non-GAAP operating income also rose 38%. The sharp decline in GAAP profit largely reflects unusual investment and tax-related comparisons, rather than a similar drop in core operating performance. Uber Q3 earnings
• Positive Sentiment: Amazon selected Uber Eats as its U.S. restaurant-delivery partner for Prime members. Orders through Amazon’s website and app could expand Uber Eats’ reach, although the financial contribution has not been disclosed. Amazon partnership article
• Neutral Sentiment: Uber is targeting about 700 fully driverless vehicles on its network by year-end and more than 2,000 in 2027, offering a potential long-term growth avenue. However, AI-agent ordering remains negligible so far—504 orders and rides against roughly 320 million weekly transactions. Long-term investor takeaways
• Negative Sentiment: Fourth-quarter adjusted EPS guidance of $0.95–$0.99 falls short of the roughly $1.06 analyst estimate. Driver shortages and higher fuel costs, especially in India and Brazil, are prompting more driver incentives and potentially higher rider prices, which could weigh on growth or margins. Reuters earnings outlook article
• Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, creating a future competitive risk in those markets. Waymo partnership article

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.