Uber Technologies (NYSE:UBER) Given Overweight Rating at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their overweight rating on shares of Uber Technologies (NYSE:UBER – Free Report) in a report issued on Monday morning,Benzinga reports. Cantor Fitzgerald currently has a $90.00 target price on the ride-sharing company’s stock.

Several other equities research analysts have also recently weighed in on the company. Scotiabank started coverage on Uber Technologies in a research report on Wednesday, September 9th. They set a “sector outperform” rating and a $100.00 price target on the stock. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, October 7th. Susquehanna reduced their price objective on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a research note on Thursday, August 6th. Evercore reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th. Finally, TD Cowen reaffirmed a “buy” rating and set a $118.00 target price on shares of Uber Technologies in a report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.11.

View Our Latest Analysis on Uber Technologies

Uber Technologies Stock Performance

NYSE:UBER opened at $71.49 on Monday. 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 has a 52-week low of $65.41 and a 52-week high of $100.35. The firm has a market cap of $146.01 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 5.82 and a beta of 1.27. The business’s fifty day moving average is $73.17 and its 200 day moving average is $72.92.

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, 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 analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the firm posted $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. Research analysts predict that Uber Technologies will post 3.35 EPS for the current year.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $71.31, for a total value of $2,008,802.70. Following the transaction, the insider directly owned 149,525 shares in the company, valued at $10,662,627.75. This represents a 15.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dara Khosrowshahi purchased 141,000 shares of the stock in a transaction on Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. This 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 owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of UBER. BIP Wealth LLC purchased a new position in Uber Technologies during the second quarter valued at $1,033,000. Pacer Advisors Inc. grew its stake in shares of Uber Technologies by 23.7% in the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock worth $370,641,000 after acquiring an additional 985,989 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Uber Technologies by 6.1% in the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock worth $37,025,000 after acquiring an additional 29,587 shares during the last quarter. Weiss Asset Management LP grew its stake in shares of Uber Technologies by 465.5% in the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock worth $4,497,000 after acquiring an additional 51,465 shares during the last quarter. Finally, Evercore Wealth Management LLC increased its holdings in shares of Uber Technologies by 6.3% during the first quarter. Evercore Wealth Management LLC now owns 1,156,032 shares of the ride-sharing company’s stock valued at $83,153,000 after acquiring an additional 68,433 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

  • Positive Sentiment: Cantor Fitzgerald reaffirmed its “Overweight” rating and set a $90 price target, implying substantial upside from recent levels. The bullish view supports sentiment around Uber’s earnings growth and long-term expansion prospects. Uber Technologies Stock Rating Reaffirmed as Overweight by Cantor Fitzgerald
  • Positive Sentiment: Uber Eats expanded its U.S. retail delivery network through a nationwide partnership with Sur La Table, offering kitchenware deliveries in as little as 25 minutes. The deal could increase order volume and broaden Uber’s presence in higher-value retail categories. Sur La Table Joins Uber Eats for U.S. Deliveries
  • Neutral Sentiment: Uber agreed to acquire corporate catering platform ezCater for $2.3 billion in cash, reinforcing delivery as its fastest-growing segment. The transaction could create cross-selling and scale benefits, but the large cash outlay raises questions about whether delivery growth and cash flow will justify the investment. Uber Is Betting Billions on Delivery
  • Neutral Sentiment: Analysts expect strong third-quarter earnings growth, with Uber needing to demonstrate continued EBITDA outperformance and improving profitability when it reports on November 4. Expectations are supportive, but any shortfall could increase pressure on the stock. Uber’s Third-Quarter Earnings Outlook
  • Negative Sentiment: Uber faces a proposed class-action lawsuit alleging that customers were enrolled in recurring Uber One memberships without adequate consent and faced difficult cancellation procedures. Potential legal costs, refunds, and reputational damage could weigh on sentiment if the claims advance. Uber One Enrollment Lawsuit
  • Negative Sentiment: Uber reportedly exited four African markets after competitors undercut fares, highlighting the difficulty of maintaining attractive returns in highly competitive regions and potentially limiting international growth. Uber Exits Four African Markets

About Uber Technologies

(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.

See Also

Analyst Recommendations for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.