Uber Technologies (NYSE:UBER) Stock Price Up 2% – Time to Buy?

Posted by Stanley Muller on Oct 5th, 2026

Shares of Uber Technologies, Inc. (NYSE:UBER – Get Free Report) rose 2% on Monday. The stock traded as high as $70.01 and last traded at $69.4440. 16,829,208 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 19,179,449 shares. The stock had previously closed at $68.11.

Analysts Set New Price Targets

A number of research firms recently weighed in on UBER. Barclays reduced their price objective on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Citizens Jmp restated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, August 25th. BMO Capital Markets set a $119.00 target price on Uber Technologies in a research report on Thursday, September 3rd. Tigress Financial boosted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Finally, Roth Capital reduced their target price on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $103.11.

Get Our Latest Research Report on UBER

Uber Technologies Price Performance

The firm has a market cap of $141.84 billion, a P/E ratio of 15.26, a P/E/G ratio of 5.55 and a beta of 1.27. The firm’s fifty day simple moving average is $73.22 and its 200 day simple moving average is $73.14. 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 (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the previous year, the company posted $0.60 EPS. The company’s revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 3.35 earnings per share for the current year.

Insider Activity at Uber Technologies

In related news, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the purchase, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. The trade was a 11.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Andrew Macdonald acquired 70,000 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by insiders.

Hedge Funds Weigh In On Uber Technologies

Large investors have recently modified their holdings of the stock. Stonebrook Private Inc. boosted its stake in shares of Uber Technologies by 6.1% during the 4th quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock worth $203,000 after purchasing an additional 143 shares during the period. Avion Wealth raised its position in Uber Technologies by 17.3% in the 1st 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 raised its position in Uber Technologies by 15.8% in the 1st 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 during the period. Ariadne Wealth Management LP lifted its stake in Uber Technologies by 4.2% in the fourth quarter. Ariadne Wealth Management LP now owns 3,760 shares of the ride-sharing company’s stock worth $307,000 after purchasing an additional 150 shares during the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its stake in Uber Technologies by 5.9% in 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 during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Company Profile

(Get Free Report)

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.