Uber Technologies (NYSE:UBER) Trading Up 1.6% on Analyst Upgrade

Uber Technologies, Inc. (NYSE:UBER) shares were up 1.6% during mid-day trading on Thursday after Wells Fargo & Company raised their price target on the stock from $120.00 to $122.00. Wells Fargo & Company currently has an overweight rating on the stock. Uber Technologies traded as high as $88.24 and last traded at $87.6120. Approximately 15,473,620 shares traded hands during trading, a decline of 27% from the average daily volume of 21,080,965 shares. The stock had previously closed at $86.19.

Several other research firms have also weighed in on UBER. Cantor Fitzgerald lowered their target price on shares of Uber Technologies from $108.00 to $99.00 and set an “overweight” rating on the stock in a report on Thursday. UBS Group set a $122.00 price target on shares of Uber Technologies and gave the company a “buy” rating in a research report on Wednesday, November 5th. Erste Group Bank lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Tuesday, October 28th. Finally, Royal Bank Of Canada set a $110.00 price target on Uber Technologies in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.14.

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the completion of the sale, the insider owned 175,423 shares of the company’s stock, valued at $14,096,992.28. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,875 shares of company stock worth $1,348,818 over the last three months. 3.84% of the stock is owned by insiders.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Robotaxi momentum — Uber, Lucid and Nuro revealed a robotaxi design at CES and Uber has anchored a robotaxi strategy that could use partner fleets rather than owning vehicles, a narrative investors view as margin-friendly and distribution-focused. Read More.
• Positive Sentiment: Near-term market reaction to robo-taxi news — multiple outlets note a surge in shares on robo-taxi optimism (with Tesla weakness as a comparative). That sentiment has driven fresh buying interest tied to the AV narrative. Read More.
• Positive Sentiment: Analyst bullishness — Wells Fargo raised its price target to $122 (overweight), implying substantial upside from current levels; other firms (Bank of America, Jefferies) have reiterated or maintained buy views citing AV partnerships and free cash‑flow potential. Read More.
• Positive Sentiment: Operational boost — Uber renewed its global maps deal with TomTom, which should improve routing precision and efficiency across the platform and supports margin/operating-leverage thesis. Read More.
• Neutral Sentiment: Margin-inflection thesis highlighted — market commentary frames Uber’s next leg as an operating‑leverage and margin story (distribution of AV fleets could help margins even if Uber doesn’t own vehicles). This is thematic and supportive longer-term, but not an immediate earnings event. Read More.
• Neutral Sentiment: Mixed media takes — outlets like Barron’s warn of headwinds and valuation questions, underscoring that enthusiasm for AVs is already priced into parts of the stock. Read as cautionary context rather than a direct catalyst. Read More.
• Negative Sentiment: Shareholder investigation — Berger Montague PC is investigating Uber’s board for potential breaches of fiduciary duty related to rider safety and driver background checks; litigation or governance concerns could pressure sentiment and add legal/PR risk. Read More.
• Negative Sentiment: Sell-side pushback — Melius Research cut its rating (reported as a “strong sell”), and that downgrade pressure has translated into short-term share weakness in some sessions. Keep an eye on whether other shops follow or defend their views. Read More.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the third quarter valued at approximately $25,000. Kilter Group LLC bought a new stake in shares of Uber Technologies during the 2nd quarter valued at $26,000. Westend Capital Management LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $27,000. West Oak Capital LLC bought a new position in shares of Uber Technologies in the 2nd quarter worth $28,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Uber Technologies during the second quarter worth $30,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Trading Up 1.6%

The business has a 50 day moving average of $86.78 and a 200 day moving average of $91.35. The firm has a market capitalization of $182.04 billion, a price-to-earnings ratio of 11.26 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last issued its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company’s revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.20 earnings per share. As a group, research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

About Uber Technologies

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.