Key Points
- CEO Dara Khosrowshahi bought 141,000 Uber shares for roughly $10 million at an average price of $70.96, increasing his ownership by 11.5% to 1.37 million shares.
- Uber reported quarterly EPS of $0.81, slightly above estimates, while revenue rose 12.2% year over year to $14.19 billion. The stock opened at $72.64, with a market capitalization of approximately $148.4 billion.
- Analysts remain broadly positive, giving Uber a “Moderate Buy” consensus rating and an average price target of $103.03, compared with its recent trading level.
Uber Technologies, Inc. (NYSE:UBER - Get Free Report) CEO Dara Khosrowshahi acquired 141,000 shares of the business's stock in a transaction dated Thursday, September 10th. The stock was purchased at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares of the company's stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Uber Technologies Price Performance
NYSE:UBER opened at $72.64 on Friday. The business's 50-day moving average price is $74.01 and its 200 day moving average price is $73.61. The firm has a market cap of $148.38 billion, a P/E ratio of 15.97, a PEG ratio of 5.63 and a beta of 1.16. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.
Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion for the quarter, compared to analysts' expectations of $14.24 billion. During the same period in the previous year, the business earned $0.60 earnings per share. Uber Technologies's revenue for the quarter was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. BTIG Research reissued a "buy" rating and set a $100.00 target price on shares of Uber Technologies in a research note on Thursday, September 3rd. Benchmark restated a "hold" rating on shares of Uber Technologies in a research report on Monday, July 20th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a report on Monday, June 29th. Bank of America dropped their price target on Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a report on Tuesday, July 28th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $103.03.
Get Our Latest Analysis on Uber Technologies
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. The large purchase is being interpreted as a signal that management considers Uber undervalued. Uber CEO stock purchase article
- Positive Sentiment: Scotiabank initiated coverage with a “sector outperform” rating and a $100 price target, implying significant upside from recent trading levels. Wedbush has also maintained an “outperform” rating, reinforcing the favorable sell-side view.
- Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. The partners plan to begin mapping and supervised testing with an initial 20-vehicle fleet in Madrid, targeting commercial operations by the end of 2026. The approval supports Uber’s strategy of offering robotaxi services through partners rather than building vehicles itself. Reuters Spain autonomous vehicle permit article
- Positive Sentiment: A new Wakefern partnership adds more than 375 supermarkets, including ShopRite and other regional banners, to Uber Eats. The deal expands grocery delivery scale and strengthens Uber’s presence in recurring everyday purchases. Uber Wakefern grocery partnership article
- Neutral Sentiment: Unusually heavy call-option activity and management commentary at the Goldman Sachs technology conference indicate heightened investor interest, but options positioning and conference remarks do not necessarily change Uber’s underlying earnings outlook.
- Negative Sentiment: Uber drivers in Amsterdam sued over claims that the company’s pay algorithm reduced earnings and violated privacy laws. Potential legal costs, regulatory scrutiny and changes to driver compensation could pressure margins if the claims gain traction. Amsterdam Uber driver lawsuit article
- Negative Sentiment: Management said savings from layoffs and lower insurance costs may be used to reduce ride prices. While this could stimulate demand, it may also limit near-term revenue or margin expansion and adds to concerns surrounding Uber’s restructuring and large autonomous-vehicle investments.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. California State Teachers Retirement System increased its holdings in shares of Uber Technologies by 6,342.7% in the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company's stock valued at $14,395,651,000 after purchasing an additional 196,399,787 shares during the period. Capital Research Global Investors boosted its holdings in shares of Uber Technologies by 2.6% during the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Public Investment Fund purchased a new position in Uber Technologies during the second quarter valued at approximately $5,256,173,439. Geode Capital Management LLC grew its position in Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Finally, Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. 80.24% of the stock is owned by institutional investors and hedge funds.
About Uber Technologies
(
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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