Uber Technologies, Inc. (NYSE:UBER - Get Free Report) insider Andrew Macdonald acquired 70,000 shares of the stock in a transaction dated Friday, September 4th. The shares were purchased at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the transaction, the insider owned 426,320 shares of the company's stock, valued at $32,327,845.60. This trade represents a 19.65% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Uber Technologies Stock Performance
Shares of NYSE UBER opened at $73.06 on Wednesday. The firm has a market capitalization of $149.22 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 6.00 and a beta of 1.16. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The business has a fifty day simple moving average of $74.07 and a 200 day simple moving average of $73.64. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38.
Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 3.45 EPS for the current year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Chief Executive Andrew Macdonald purchased 70,000 UBER shares for approximately $5.3 million, increasing his direct ownership by nearly 20%. The sizable insider purchase may signal confidence that the stock is undervalued following its recent weakness. Uber insider purchase filing
- Positive Sentiment: Wedbush reaffirmed its “outperform” rating and maintained a $91 price target, implying substantial upside from current levels. The firm’s view provides support for Uber’s earnings, cash-flow generation and long-term growth outlook.
- Positive Sentiment: Uber and Wayve launched supervised autonomous rides in London with Ford. The partnership reinforces Uber’s strategy of providing robotaxi distribution and demand while avoiding the capital burden of designing and manufacturing its own vehicles. Uber Wayve autonomous rides article
- Neutral Sentiment: Reports highlighted Uber’s stronger profitability and more than $10 billion in free cash flow, but questioned why the stock has not responded. Investors appear to be weighing those fundamentals against the risk that autonomous vehicles could eventually weaken Uber’s role in the mobility ecosystem. Uber fundamentals and valuation article
- Neutral Sentiment: Uber is reportedly moving closer to a potential Delivery Hero acquisition and has tapped European debt markets with its first-ever euro bond offering. The initiatives could expand delivery and international reach, but also raise leverage and execution concerns.
- Negative Sentiment: Tesla’s Cybercab entering commercial robotaxi service intensified fears that Tesla could challenge Uber’s core ride-hailing marketplace and capture autonomous-ride economics. Tesla’s progress was viewed as a key reason mobility stocks moved in opposite directions. Tesla Cybercab threat article
- Negative Sentiment: Uber plans to exit operations in Nigeria and Uganda and cut roughly 10% of its workforce. Although the moves may reduce costs, they signal near-term restructuring and could raise concerns about international growth and demand.
Institutional Trading of Uber Technologies
Several large investors have recently added to or reduced their stakes in UBER. RFG Advisory LLC raised its stake in shares of Uber Technologies by 13.1% in the second quarter. RFG Advisory LLC now owns 11,174 shares of the ride-sharing company's stock valued at $806,000 after acquiring an additional 1,290 shares during the last quarter. GFG Capital LLC grew its position in Uber Technologies by 34.8% during the 2nd quarter. GFG Capital LLC now owns 154,647 shares of the ride-sharing company's stock worth $11,159,000 after acquiring an additional 39,907 shares during the last quarter. IFP Advisors Inc increased its holdings in Uber Technologies by 5.4% during the 2nd quarter. IFP Advisors Inc now owns 143,821 shares of the ride-sharing company's stock valued at $10,378,000 after purchasing an additional 7,376 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Uber Technologies by 64.4% during the 2nd quarter. Baird Financial Group Inc. now owns 9,099,343 shares of the ride-sharing company's stock valued at $656,609,000 after purchasing an additional 3,564,073 shares in the last quarter. Finally, Empirical Finance LLC raised its position in Uber Technologies by 21.8% in the 2nd quarter. Empirical Finance LLC now owns 16,524 shares of the ride-sharing company's stock valued at $1,192,000 after purchasing an additional 2,958 shares during the last quarter. 80.24% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on UBER shares. Bank of America dropped their price target on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. KeyCorp decreased their price objective on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, July 14th. Barclays lowered their price objective on Uber Technologies from $107.00 to $106.00 and set an "overweight" rating on the stock in a research note on Thursday, August 6th. Roth Capital cut their target price on Uber Technologies from $105.00 to $100.00 and set a "buy" rating for the company in a research report on Monday, August 10th. Finally, Guggenheim reaffirmed a "buy" rating on shares of Uber Technologies in a research note on Thursday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $104.49.
Read Our Latest Analysis on Uber Technologies
Uber Technologies Company Profile
(
Get Free Report)
Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company's core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.
Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.
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