Wedbush Lowers Earnings Estimates for Uber Technologies

Uber Technologies, Inc. (NYSE:UBER) – Research analysts at Wedbush reduced their Q3 2025 earnings per share (EPS) estimates for Uber Technologies in a report issued on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the ride-sharing company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.63. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%.

Several other analysts also recently issued reports on the company. Wolfe Research upped their price target on Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Wednesday, April 9th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Friday, January 31st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $80.00 price objective on shares of Uber Technologies in a report on Wednesday. Finally, Citigroup lowered their target price on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.81.

Uber Technologies Trading Down 1.4 %

Shares of NYSE:UBER opened at $73.00 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $152.70 billion, a PE ratio of 16.01, a P/E/G ratio of 0.89 and a beta of 1.37. Uber Technologies has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a fifty day moving average price of $74.16 and a 200 day moving average price of $71.45.

Institutional Investors Weigh In On Uber Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Dover Advisors LLC increased its holdings in Uber Technologies by 21.6% during the 1st quarter. Dover Advisors LLC now owns 26,654 shares of the ride-sharing company’s stock worth $1,942,000 after purchasing an additional 4,737 shares in the last quarter. Everpar Advisors LLC boosted its position in shares of Uber Technologies by 2.7% during the first quarter. Everpar Advisors LLC now owns 7,208 shares of the ride-sharing company’s stock worth $525,000 after buying an additional 191 shares during the period. Hoey Investments Inc. raised its position in Uber Technologies by 4.2% in the 1st quarter. Hoey Investments Inc. now owns 69,045 shares of the ride-sharing company’s stock valued at $5,031,000 after buying an additional 2,782 shares during the last quarter. Avaii Wealth Management LLC raised its position in Uber Technologies by 5.3% in the 1st quarter. Avaii Wealth Management LLC now owns 7,014 shares of the ride-sharing company’s stock valued at $511,000 after buying an additional 351 shares during the last quarter. Finally, CRA Financial Services LLC lifted its stake in Uber Technologies by 67.9% in the 1st quarter. CRA Financial Services LLC now owns 6,288 shares of the ride-sharing company’s stock valued at $458,000 after acquiring an additional 2,542 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 23,404 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now directly owns 114,241 shares in the company, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares of the company’s stock, valued at $1,662,150. This trade represents a 11.04 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 77,154 shares of company stock worth $5,793,869. Company insiders own 3.84% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.