Uber Technologies (NYSE:UBER) Receives Buy Rating from BTIG Research

BTIG Research reaffirmed their buy rating on shares of Uber Technologies (NYSE:UBER) in a research note published on Wednesday,Benzinga reports. BTIG Research currently has a $100.00 price objective on the ride-sharing company’s stock.

Several other research firms also recently weighed in on UBER. Cantor Fitzgerald decreased their target price on Uber Technologies from $108.00 to $99.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Erste Group Bank lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Tuesday, October 28th. Finally, Arete Research set a $125.00 price objective on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.41.

Uber Technologies Trading Down 5.5%

UBER opened at $73.67 on Wednesday. The stock has a market cap of $153.07 billion, a price-to-earnings ratio of 9.47 and a beta of 1.21. The stock’s 50 day moving average price is $83.54 and its 200-day moving average price is $89.94. Uber Technologies has a one year low of $60.63 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15.

Uber Technologies (NYSE:UBER) last issued its quarterly 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 during the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period last year, the company earned $1.20 EPS. On average, equities analysts forecast that Uber Technologies will post 2.54 EPS for the current year.

Insiders Place Their Bets

In other Uber Technologies news, 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 transaction of $519,255.00. Following the completion of the sale, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 14,875 shares of company stock valued at $1,319,130. 3.84% of the stock is owned by company insiders.

Institutional Trading of Uber Technologies

Several hedge funds have recently modified their holdings of UBER. Norges Bank purchased a new position in shares of Uber Technologies in the 2nd quarter worth approximately $2,348,319,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after purchasing an additional 5,293,822 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after purchasing an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after purchasing an additional 2,901,936 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Q4 revenue, bookings and user growth were strong — revenue rose ~20% and gross bookings topped estimates, with active users and trips reaching record levels, and the company generated materially higher free cash flow. These results support the growth story and buyback/capital-allocation optionality. Company press release
• Positive Sentiment: Autonomous-vehicle (robotaxi) progress and partnerships: management highlighted AV ambition and expansion of robotaxi programs (markets named include Hong Kong, Madrid, Houston, Zurich), which investors view as a multitrillion‑dollar long‑term opportunity that could transform margins over time. Seeking Alpha
• Positive Sentiment: Analyst and institutional support — several firms reaffirmed or raised targets (including upgrades and $100+ targets from Citizens JMP, BTIG and Needham), signaling conviction among some buy‑side and sell‑side investors about upside from growth and cash flow.
• Neutral Sentiment: Management change: Uber promoted Balaji Krishnamurthy to CFO — he’s a vocal robotaxi backer. That underscores continued AV prioritization but raises questions about near‑term margin focus vs. long‑term investment. TechCrunch
• Neutral Sentiment: Mixed analyst tone — some firms reiterated Neutral/Market‑perform ratings citing competitive and AV‑related uncertainty even as others remain constructive; expect divergent analyst calls to keep volatility elevated. Proactive Investors
• Negative Sentiment: Profitability and guidance miss: adjusted EPS for Q4 missed estimates and Uber guided Q1 EPS below consensus (company gave 0.65–0.72 vs. higher Street estimate), citing cheaper ride options and higher taxes that boosted trips but compressed margins — the principal driver of the stock decline. Reuters
• Negative Sentiment: One‑time charges and EPS volatility: investors are focused on an equity‑investment charge and the gap between GAAP and adjusted metrics, which amplified the profit miss and increased short‑term uncertainty. Zacks
• Negative Sentiment: Market reaction: heavy trading and a sizable share sell‑off followed the results and guidance, reflecting investor preference for near‑term profitability over growth/AV optionality right now. Barron’s

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.