Uber Technologies (NYSE:UBER) Price Target Cut to $95.00 by Analysts at Sanford C. Bernstein

Uber Technologies (NYSE:UBERGet Free Report) had its price objective reduced by equities research analysts at Sanford C. Bernstein from $110.00 to $95.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the ride-sharing company’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 35.38% from the stock’s previous close.

A number of other research firms also recently weighed in on UBER. Truist Financial lifted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Mizuho set a $112.00 target price on Uber Technologies in a research report on Thursday. Royal Bank Of Canada started coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.

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Uber Technologies Stock Performance

NYSE UBER traded up $1.99 on Thursday, reaching $70.17. The stock had a trading volume of 13,114,367 shares, compared to its average volume of 19,445,184. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $142.84 billion, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 6.58 and a beta of 1.13. The firm has a fifty day moving average of $71.78 and a two-hundred day moving average of $73.82. Uber Technologies has a 1-year low of $65.41 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results 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 15.91% and a return on equity of 41.40%. The company had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the previous year, the business posted $0.60 earnings per share. Uber Technologies’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. On average, equities research analysts anticipate that Uber Technologies will post 2.99 EPS for the current year.

Institutional Trading of Uber Technologies

A number of hedge funds have recently added to or reduced their stakes in UBER. Norges Bank acquired a new position in shares of Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Marshall Wace LLP increased its position in shares of Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after buying an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after buying an additional 5,293,822 shares during the period. Employees Provident Fund Board bought a new position in Uber Technologies during the fourth quarter worth $265,205,000. Finally, Southpoint Capital Advisors LP bought a new position in Uber Technologies during the first quarter worth $222,983,000. 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’s second-quarter results showed solid platform momentum: gross bookings increased 24% to approximately $58 billion, trips rose 18% to 3.9 billion, and monthly active platform consumers grew 16% to 208 million. Adjusted EBITDA increased 33% year over year, while operating cash flow reached $2.9 billion and trailing free cash flow exceeded $10 billion. Uber Q2 Earnings Surpass Estimates
  • Positive Sentiment: The earnings call emphasized autonomous-vehicle scale, cross-platform engagement and widening profitability. Uber also received favorable outside validation, with Guggenheim reaffirming a Buy rating and a $125 price target, while Needham maintained Buy with a $109 target. Uber Q2 Earnings Call Centers on AV Scale and Platform Growth
  • Positive Sentiment: Uber and autonomy partner Wayve received approval for supervised robotaxi operations in London, providing a near-term commercial milestone. Investor commentary from Gary Black and Bill Ackman-backed analysts also supports the view that Uber’s asset-light marketplace could benefit from widespread robotaxi adoption. Wayve and Uber Move a Step Closer to Autonomous Rides in London
  • Neutral Sentiment: Uber is expanding hotel bookings, drone delivery and internal AI usage. Management says thousands of engineers now use advanced AI tools and that more efficient models are helping control costs, although these initiatives remain longer-term growth opportunities. Uber CTO Discusses AI Efficiency
  • Negative Sentiment: The main overhang is guidance. Uber forecast third-quarter adjusted EPS of $0.84–$0.88 versus roughly $0.89 expected, while bookings guidance was slightly below consensus. Second-quarter revenue of $14.19 billion narrowly missed estimates, Brazil competition slowed trips, and plans to invest more than $10 billion in autonomous vehicles—alongside acquisitions—are raising concerns that higher spending could pressure margins and cash allocation. Cantor Fitzgerald lowered its target to $90, despite retaining an Overweight rating. Uber Forecasts Weak Quarterly Profit

Uber Technologies Company Profile

(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.

Further Reading

Analyst Recommendations for Uber Technologies (NYSE:UBER)

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