
Uber Technologies, Inc. (NYSE:UBER – Free Report) – Analysts at Cantor Fitzgerald increased their FY2026 earnings per share estimates for Uber Technologies in a research note issued to investors on Wednesday, November 5th. Cantor Fitzgerald analyst D. Mathivanan now anticipates that the ride-sharing company will post earnings of $3.28 per share for the year, up from their previous estimate of $3.27. Cantor Fitzgerald has a “Overweight” rating and a $108.00 price objective on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 earnings per share.
Check Out Our Latest Report on Uber Technologies
Uber Technologies Trading Down 0.5%
NYSE:UBER opened at $92.33 on Thursday. The company has a 50-day moving average price of $95.50 and a 200-day moving average price of $90.95. The company has a current ratio of 1.15, a quick ratio of 1.11 and a debt-to-equity ratio of 0.37. The stock has a market cap of $192.55 billion, a price-to-earnings ratio of 11.87 and a beta of 1.46. Uber Technologies has a 12 month low of $59.33 and a 12 month high of $101.99.
Insiders Place Their Bets
In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $99.42, for a total value of $273,405.00. Following the completion of the sale, the chief financial officer directly owned 22,528 shares of the company’s stock, valued at approximately $2,239,733.76. This represents a 10.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Dara Khosrowshahi sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $100.48, for a total transaction of $15,072,000.00. Following the sale, the chief executive officer owned 982,544 shares in the company, valued at approximately $98,726,021.12. The trade was a 13.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 604,946 shares of company stock valued at $58,950,116. 3.84% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of UBER. Hilltop National Bank acquired a new position in Uber Technologies during the second quarter worth about $96,000. American Capital Advisory LLC boosted its stake in shares of Uber Technologies by 47.8% during the 2nd quarter. American Capital Advisory LLC now owns 13,006 shares of the ride-sharing company’s stock worth $1,213,000 after acquiring an additional 4,204 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Uber Technologies by 50.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 548,051 shares of the ride-sharing company’s stock worth $51,133,000 after acquiring an additional 183,085 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Uber Technologies by 805.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 102,706 shares of the ride-sharing company’s stock worth $7,483,000 after acquiring an additional 91,362 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in Uber Technologies by 42.7% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 759,077 shares of the ride-sharing company’s stock valued at $70,822,000 after purchasing an additional 226,960 shares in the last quarter. 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.
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