Uber Technologies, Inc. (NYSE:UBER – Get Free Report)’s share price rose 1.4% during trading on Thursday . The company traded as high as $72.49 and last traded at $71.9120. Approximately 26,625,401 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 19,303,873 shares. The stock had previously closed at $70.91.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced multiple robotaxi expansion plans, including a Houston launch with Lucid and Nuro and a Zurich deployment with WeRide, signaling faster progress in autonomous mobility and giving investors more confidence in Uber’s AV strategy. Article Title
- Positive Sentiment: Bank of America said Uber’s robotaxi expansion could improve investor sentiment, while other analysts reiterated bullish views and higher price targets, reinforcing expectations for strong earnings growth ahead. Article Title
- Positive Sentiment: Uber and Life360 launched a partnership that lets families coordinate teen rides inside the Life360 app, expanding Uber’s distribution and potentially increasing ride volume. Article Title
- Neutral Sentiment: Coverage comparing Lyft and Uber highlighted Uber’s dominant global platform, large user base, and strong free cash flow, but did not introduce a new catalyst. Article Title
- Neutral Sentiment: Uber Advertising is expanding beyond owned apps to attract more ad dollars, which could support a longer-term monetization story but is still early-stage. Article Title
- Negative Sentiment: Consumer Reports-related coverage alleged large ride-price differences for the same trip, renewing scrutiny over Uber’s pricing practices and potentially pressuring sentiment. Article Title
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
Uber Technologies Stock Up 1.4%
The firm has a market cap of $146.38 billion, a price-to-earnings ratio of 17.93, a P/E/G ratio of 6.23 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average price of $73.44 and a 200-day moving average price of $76.85.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of UBER. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the 4th quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies during the fourth quarter worth $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies in the first quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies in the fourth quarter valued at $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.
About Uber Technologies
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
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