Uber Technologies (NYSE:UBER) Upgraded by Citizens Jmp to “Outperform” Rating

Citizens Jmp upgraded shares of Uber Technologies (NYSE:UBER) from a market perform rating to an outperform rating in a report issued on Wednesday morning, Marketbeat reports. Citizens Jmp currently has $100.00 price target on the ride-sharing company’s stock.

A number of other equities research analysts have also recently commented on UBER. Guggenheim reissued a “buy” rating and issued a $135.00 price objective on shares of Uber Technologies in a research note on Thursday, January 22nd. BTIG Research reiterated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Wednesday. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Tuesday, October 28th. Stifel Nicolaus reduced their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Finally, Truist Financial raised their price target on Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Four equities 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $107.41.

Uber Technologies Stock Performance

UBER opened at $73.67 on Wednesday. The stock’s 50 day simple moving average is $83.54 and its 200 day simple moving average is $89.94. The stock has a market cap of $153.07 billion, a P/E ratio of 9.47 and a beta of 1.21. Uber Technologies has a 1-year low of $60.63 and a 1-year high of $101.99. 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 posted its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the previous year, the business earned $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. As a group, equities analysts anticipate that Uber Technologies will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the transaction, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 14,875 shares of company stock valued at $1,319,130. 3.84% of the stock is owned by insiders.

Institutional Investors Weigh In On Uber Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in UBER. Norges Bank acquired a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position 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 valued at $776,883,000 after purchasing an additional 5,293,822 shares during the period. Pacer Advisors Inc. lifted its stake 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 stake in shares of Uber Technologies by 1.6% during the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Uber Technologies by 4,471.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after buying an additional 2,901,936 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

Uber Technologies Company Profile

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.