Wedbush Cuts Uber Technologies (NYSE:UBER) Price Target to $75.00

Uber Technologies (NYSE:UBER) had its price objective trimmed by Wedbush from $78.00 to $75.00 in a research note published on Thursday, Marketbeat reports. The firm currently has a neutral rating on the ride-sharing company’s stock.

Several other equities analysts also recently commented on UBER. BMO Capital Markets dropped their target price on Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Mizuho dropped their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday. DA Davidson boosted their target price on shares of Uber Technologies from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. TD Cowen restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Finally, Barclays cut their price target on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.94.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $74.80 on Thursday. The company’s 50 day moving average price is $83.07 and its two-hundred day moving average price is $89.71. The firm has a market capitalization of $155.42 billion, a P/E ratio of 15.88, a P/E/G ratio of 6.32 and a beta of 1.21. Uber Technologies has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter last year, the company posted $3.21 earnings per share. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts forecast that Uber Technologies will post 2.54 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’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 value of $519,255.00. Following the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 14,875 shares of company stock valued at $1,319,130. Company insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter valued at $25,000. Westend Capital Management LLC acquired a new position in shares of Uber Technologies during the third quarter valued at about $27,000. Kilter Group LLC bought a new position in shares of Uber Technologies during the 2nd quarter worth about $26,000. Trust Co. of Toledo NA OH bought a new position in shares of Uber Technologies during the 2nd quarter worth about $30,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $32,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Analysts continue to show support — several firms reaffirmed or upgraded ratings and Citi left a “buy” view (while trimming its PT to $110), keeping sizable upside in street estimates. Read More.
• Positive Sentiment: Large robotaxi expansion with partner WeRide — plan to deploy ~1,200 autonomous robotaxis across Abu Dhabi, Dubai and Riyadh by 2027, reinforcing Uber’s AV growth narrative and long-term TAM. Read More.
• Positive Sentiment: Underlying Q4 business metrics remain strong — revenue and bookings grew ~20% y/y and free cash flow/reported profitability improved, supporting medium‑term fundamentals. Read More.
• Neutral Sentiment: Corporate moves: Uber appointed a new CFO as it accelerates AV and robotaxi investment — operationally important but a longer‑dated catalyst. Read More.
• Negative Sentiment: Legal hit — a jury in Arizona found Uber liable and ordered the company to pay $8.5M in a rape suit; the company faces thousands of similar claims, raising reputational and potential financial exposure. Read More.
• Negative Sentiment: Q4 EPS miss and cautious guidance — Uber missed EPS expectations and set Q1 EPS guidance below consensus, which triggered the post‑earnings selloff despite solid revenue growth. Read More.
• Negative Sentiment: Multiple price‑target trims and mixed analyst notes — several shops lowered targets (JPMorgan, Wells Fargo, Wedbush, Cantor, etc.) or issued neutral/hold stances, increasing near‑term uncertainty. Read More.

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.