UBER FY2025 EPS Forecast Raised by Cantor Fitzgerald

Uber Technologies, Inc. (NYSE:UBER) – Cantor Fitzgerald boosted their FY2025 earnings per share estimates for shares of Uber Technologies in a note issued to investors on Wednesday, June 25th. Cantor Fitzgerald analyst D. Mathivanan now anticipates that the ride-sharing company will post earnings of $2.69 per share for the year, up from their prior estimate of $2.66. Cantor Fitzgerald has a “Overweight” rating and a $106.00 price target on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share. Cantor Fitzgerald also issued estimates for Uber Technologies’ FY2026 earnings at $3.21 EPS.

A number of other research analysts have also weighed in on the company. Fox Advisors lowered Uber Technologies from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 11th. Raymond James Financial lowered Uber Technologies from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, June 18th. UBS Group lifted their target price on Uber Technologies from $103.00 to $107.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of Uber Technologies in a report on Wednesday, May 7th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Uber Technologies in a report on Thursday, May 15th. Eleven research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.18.

Uber Technologies Trading Up 2.4%

Shares of Uber Technologies stock opened at $93.09 on Thursday. Uber Technologies has a 52-week low of $54.84 and a 52-week high of $94.38. The stock’s 50-day simple moving average is $84.83 and its 200 day simple moving average is $75.02. The stock has a market capitalization of $194.67 billion, a P/E ratio of 16.30, a P/E/G ratio of 1.15 and a beta of 1.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.02.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.33. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The business had revenue of $11.53 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the business posted ($0.32) EPS. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year.

Insider Activity

In other news, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the completion of the sale, the insider now owns 102,135 shares of the company’s stock, valued at approximately $8,786,674.05. This represents a 25.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $85.00, for a total value of $233,750.00. Following the sale, the chief financial officer now directly owns 21,063 shares of the company’s stock, valued at approximately $1,790,355. This trade represents a 11.55% decrease in their position. The disclosure for this sale can be found here. Insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Clark Capital Management Group Inc. raised its holdings in shares of Uber Technologies by 11,354.8% during the fourth quarter. Clark Capital Management Group Inc. now owns 402,522 shares of the ride-sharing company’s stock valued at $24,280,000 after acquiring an additional 399,008 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Uber Technologies by 33.6% during the first quarter. UMB Bank n.a. now owns 12,210 shares of the ride-sharing company’s stock valued at $890,000 after acquiring an additional 3,073 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares in the last quarter. Mufg Securities Americas Inc. bought a new position in shares of Uber Technologies during the fourth quarter valued at approximately $1,875,000. Finally, APG Asset Management N.V. bought a new position in shares of Uber Technologies during the fourth quarter valued at approximately $84,687,000. Institutional investors own 80.24% 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.