Uber Technologies’ (UBER) “Buy” Rating Reaffirmed at Guggenheim

Guggenheim reissued their buy rating on shares of Uber Technologies (NYSE:UBER) in a research note published on Thursday morning,Benzinga reports. The firm currently has a $135.00 price target on the ride-sharing company’s stock.

Several other equities analysts also recently commented on UBER. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Wedbush lowered their price target on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. The Goldman Sachs Group reissued a “buy” rating on shares of Uber Technologies in a report on Wednesday, November 5th. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $107.97.

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $82.48 on Thursday. The firm has a market cap of $171.38 billion, a P/E ratio of 10.60 and a beta of 1.20. The firm’s 50-day simple moving average is $84.84 and its 200-day simple moving average is $90.85. Uber Technologies has a twelve month low of $60.63 and a twelve month 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 posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 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 quarter in the prior year, the business posted $1.20 earnings per share. As a group, research analysts expect that Uber Technologies will post 2.54 EPS for the current fiscal year.

Insider Activity

In other news, insider Tony West sold 3,125 shares of the 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 sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,875 shares of company stock valued at $1,319,130 in the last 90 days. Corporate insiders own 3.84% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Several institutional investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the 3rd quarter valued at $25,000. Kilter Group LLC purchased a new stake in Uber Technologies in the second quarter valued at $26,000. Westend Capital Management LLC acquired a new position in Uber Technologies in the third quarter valued at $27,000. Trust Co. of Toledo NA OH purchased a new position in shares of Uber Technologies during the second quarter worth about $30,000. Finally, Total Investment Management Inc. purchased a new position in shares of Uber Technologies during the second quarter worth about $32,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Guzman y Gomez signed a multi-year deal making Uber Eats the exclusive delivery partner in Australia — a concrete revenue/market-share win for Eats in a large market that supports near-term delivery growth. Read More.
• Positive Sentiment: Guggenheim reiterated a Buy and set a $135 price target — the upbeat analyst note (large upside vs. current levels) can attract buyers and underpin sentiment. Read More.
• Positive Sentiment: TD Cowen maintained its Buy rating, citing sustained core strength and emerging growth drivers — another vote of confidence from the sell side that supports a buy‑the‑dip case. Read More.
• Positive Sentiment: Analysis suggesting a nationwide Kroger grocery rollout onto Uber apps boosts the bull case for incremental Eats/Delivery GMV and cross‑sell opportunities. Read More.
• Neutral Sentiment: Bloomberg Law reports the plaintiffs’ lawyer in a high‑profile sexual‑assault case is under scrutiny — this could reduce the odds or severity of an adverse outcome but remains uncertain. Read More.
• Neutral Sentiment: Uber CEO commentary urging investors to focus on substantive AI winners is guidance for sorting durable investments vs. hype — helpful but not an immediate catalyst. Read More.
• Negative Sentiment: Wedbush warns that advances from Waymo and Tesla increase long‑term autonomous vehicle risks to Uber’s ride‑hailing economics — heightens investor concern about technology disruption and multiple compression. Read More.
• Negative Sentiment: Men have filed suit over a women’s safety feature (Uber & Lyft) — new litigation adds legal/PR risk and potential costs or feature changes. Read More.
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares recently — a modest but visible insider sale that can be read negatively by short‑term traders. Read More.
• Negative Sentiment: Peer weakness (Grab) and coverage highlighting new low‑cost tele‑operated/rental rivals amplify sector‑wide valuation caution — adds to downward pressure on multiples. Read More.

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.