Uber Technologies (NYSE:UBER) Research Coverage Started at BNP Paribas Exane

BNP Paribas Exane initiated coverage on shares of Uber Technologies (NYSE:UBERFree Report) in a research note released on Wednesday morning, MarketBeat.com reports. The brokerage issued an outperform rating and a $108.00 price objective on the ride-sharing company’s stock.

Several other analysts have also weighed in on UBER. Melius lowered shares of Uber Technologies from a “hold” rating to a “sell” rating and set a $73.00 price objective for the company. in a research note on Monday, January 5th. The Goldman Sachs Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, November 5th. BMO Capital Markets decreased their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Wall Street Zen raised shares of Uber Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.18.

Check Out Our Latest Analysis on Uber Technologies

Uber Technologies Stock Performance

UBER stock opened at $84.90 on Wednesday. The firm has a market cap of $176.41 billion, a PE ratio of 10.91 and a beta of 1.20. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average price of $85.59 and a 200-day moving average price of $91.10. Uber Technologies has a 1-year low of $60.63 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, beating the consensus estimate of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same quarter in the prior year, the company earned $1.20 EPS. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. As a group, equities research analysts expect that Uber Technologies will post 2.54 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the completion of the transaction, the insider owned 175,423 shares in the company, valued at $14,096,992.28. This represents a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 over the last three months. Corporate insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently bought and sold shares of UBER. Norges Bank purchased a new position in Uber Technologies during the second quarter worth about $2,348,319,000. Kingstone Capital Partners Texas LLC lifted its holdings in Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock worth $1,863,545,000 after acquiring an additional 19,967,705 shares during the period. Pacer Advisors Inc. boosted its position in Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after purchasing an additional 4,133,532 shares during the last quarter. Vanguard Group Inc. grew its stake in Uber Technologies by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Uber Technologies by 4,471.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after purchasing an additional 2,901,936 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies News Summary

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

  • Positive Sentiment: BNP Paribas/Exane initiated coverage and upgraded Uber to a strong‑buy / began coverage — institutional attention and a bullish research view can drive demand and support the stock. TickerReport Coverage
  • Positive Sentiment: Kroger partnership: nearly 2,700 Kroger stores are now available on Uber Eats, Uber and Postmates — expands grocery delivery footprint, ups take rates and order density for delivery economics. PR Newswire: Kroger Launch
  • Positive Sentiment: Analyst support continues: BTIG reaffirmed a Buy with a $100 price target and other firms (Mizuho, others) remain bullish — helps near‑term sentiment and can sustain buying interest. Benzinga Analyst Note
  • Neutral Sentiment: Coverage pieces and bullish writeups (Zacks, Motley Fool, Seeking Alpha) pitch Uber as a growth/value opportunity given recent selloffs and emerging tech tailwinds — these amplify the bull case but don’t add new operational data. Zacks Growth Score
  • Neutral Sentiment: Strategic wins abroad: reporting on Uber’s Japan push (NYT feature) highlights long‑term TAM expansion but benefits will accrue gradually and depend on local execution. NYT: Japan Strategy
  • Negative Sentiment: Labor/reputation/legal pressure: NYC alleges DoorDash/Uber shorted drivers on ~$550M in tips — potential for fines, tighter regulation and PR damage that can increase operating costs and complicate driver relations. Bloomberg Law: Tip Allegation
  • Negative Sentiment: Criticism of ballot initiative: LA Times op‑ed accuses Uber of pushing a consumer‑facing ballot measure that mainly protects company economics — could complicate public perception and local regulatory fights. LA Times Opinion

About Uber Technologies

(Get Free Report)

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.

See Also

Analyst Recommendations for Uber Technologies (NYSE:UBER)

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