Uber Technologies (NYSE:UBER – Get Free Report)‘s stock had its “overweight” rating reiterated by research analysts at Cantor Fitzgerald in a report released on Monday, Benzinga reports. They currently have a $90.00 price objective on the ride-sharing company’s stock. Cantor Fitzgerald’s price target suggests a potential upside of 30.38% from the stock’s current price.
Other equities analysts have also issued research reports about the stock. TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a report on Thursday, July 16th. Barclays decreased their price objective on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Mizuho set a $112.00 target price on Uber Technologies in a research report on Thursday, August 6th. KeyCorp cut their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Bank of America decreased their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $103.11.
Read Our Latest Analysis on UBER
Uber Technologies Trading Down 3.2%
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the business earned $0.60 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts predict that Uber Technologies will post 3.21 earnings per share for the current year.
Insider Activity
In related news, insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction dated Friday, September 4th. The stock was bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares of the company’s stock, valued at $32,327,845.60. The trade was a 19.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Dara Khosrowshahi bought 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were 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. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Uber Technologies
Several hedge funds and other institutional investors have recently modified their holdings of the company. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies during the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies in the first quarter worth $25,000. Dunhill Financial LLC bought a new stake in shares of Uber Technologies during the 2nd quarter valued at $28,000. Finally, Elevation Wealth Partners LLC raised 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 purchasing an additional 277 shares during the period. Institutional investors own 80.24% of the company’s stock.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s autonomous-vehicle strategy continues to expand geographically, with Manchester potentially becoming the next market for Uber self-driving taxis. The development could strengthen Uber’s long-term positioning in robotaxis, although commercialization timing remains uncertain. Manchester could get Uber’s self-driving taxis soon
- Positive Sentiment: Uber Advertising selected TripleLift as its first U.S. offsite audience-expansion partner, allowing advertisers to use Uber’s travel, ordering, and shopping signals across the broader internet. This could create an incremental, higher-margin revenue stream. TripleLift Named First Partner for Uber Advertising’s U.S. Offsite Audience Expansion
- Positive Sentiment: Uber Eats is broadening retail delivery through a nationwide Sur La Table partnership, while Uber for Business added Hindustan Zinc as a corporate-travel customer. These deals support expansion beyond traditional ride-hailing. Sur La Table Joins Uber Eats for U.S. Deliveries
- Neutral Sentiment: Uber Freight’s new leader, former Tesla executive Rebecca Tinucci, is prioritizing revenue growth and investment before profitability. The turnaround could improve the logistics business, but near-term spending may limit earnings contribution. An Ex-Tesla Executive Is Steering Uber Freight’s Turnaround
- Negative Sentiment: Sarfraz Maredia, Uber’s global head of autonomous mobility and delivery, plans to leave on November 16. His departure adds to leadership turnover in the robotaxi unit and raises execution concerns just as Uber is trying to scale its driverless strategy. Uber Robotaxi Leader to Depart Next Month
- Negative Sentiment: A study found that driver compensation varies widely across 16 U.S. cities and can fall below minimum-wage levels after relevant costs. The findings could increase regulatory scrutiny or pressure Uber to raise driver pay, potentially hurting margins. How much Uber pays drivers in 16 different cities
- Negative Sentiment: Erste Group Bank made a small reduction to its fiscal 2027 EPS estimate, from $4.42 to $4.41. Although minor, the revision adds to the cautious tone around Uber’s earnings outlook. Uber Technologies analyst earnings estimate
About Uber Technologies
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.
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