Key Points
- Uber COO Jill Hazelbaker sold 28,170 shares at an average price of $71.31, generating approximately $2.01 million. The transaction reduced her ownership by 15.85%, leaving her with 149,525 shares.
- Uber’s shares were trading near $71.44, below the 50-day and 200-day moving averages, while the company reported quarterly EPS of $0.81, narrowly beating estimates, and revenue of $14.19 billion, up 12.2% year over year.
- Analysts maintain a generally positive outlook, with Uber rated a consensus “Moderate Buy” and an average price target of $103.03, compared with the stock’s recent trading level.
Uber Technologies, Inc. (NYSE:UBER - Get Free Report) insider Jill Hazelbaker sold 28,170 shares of Uber Technologies stock in a transaction on Friday, September 11th. The stock was sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares in the company, valued at $10,662,627.75. The trade was a 15.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Uber Technologies Trading Down 1.6%
Shares of NYSE UBER opened at $71.44 on Wednesday. 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, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The company has a market cap of $145.93 billion, a price-to-earnings ratio of 15.70, a P/E/G ratio of 5.75 and a beta of 1.16. The business has a fifty day simple moving average of $73.90 and a 200-day simple moving average of $73.62.
Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the previous year, the company earned $0.60 EPS. The business'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. Sell-side analysts predict that Uber Technologies, Inc. will post 3.45 EPS for the current year.
Analysts Set New Price Targets
Several research firms have weighed in on UBER. Evercore reiterated an "outperform" rating and set a $150.00 price objective on shares of Uber Technologies in a research report on Wednesday, August 5th. Citizens Jmp reiterated a "market outperform" rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, August 25th. Wedbush reissued an "outperform" rating and set a $91.00 price target on shares of Uber Technologies in a research report on Tuesday, September 8th. Benchmark restated a "hold" rating on shares of Uber Technologies in a research report on Monday, July 20th. Finally, Bank of America reduced 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $103.03.
Check Out Our Latest Stock Report on Uber Technologies
Institutional Investors Weigh In On Uber Technologies
A number of large investors have recently added to or reduced their stakes in UBER. Osbon Capital Management LLC acquired a new position in Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies during the 4th quarter worth $25,000. Portus Wealth Advisors LLC acquired a new position in Uber Technologies during the 1st quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter valued at about $27,000. Finally, Gould Capital LLC boosted its holdings in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company's stock valued at $28,000 after acquiring an additional 245 shares during the period. Institutional investors own 80.24% of the company's stock.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: CEO Dara Khosrowshahi purchased approximately 141,000 shares for more than $10 million, signaling confidence in Uber’s long-term prospects. Insider Watch: 3 CEOs Buying Shares
- Positive Sentiment: Uber completed a €4.5 billion, multi-tranche euro debt offering, strengthening its liquidity and funding flexibility, although it also adds to the company’s debt obligations. Uber Completes Euro Debt Offering
- Positive Sentiment: Uber launched autonomous taxi service in London with Wayve, supporting its strategy of building an autonomous-vehicle network rather than relying solely on its traditional ride-hailing model. Uber and Wayve Launch Autonomous Taxis
- Positive Sentiment: OXEA selected Uber Freight to manage logistics across North America and Europe, providing another commercial opportunity for Uber’s freight operation. OXEA Selects Uber Freight
- Neutral Sentiment: Uber expanded into Kuwait, a move that could broaden its international footprint but will require investment and successful local execution. Uber Launches in Kuwait
- Negative Sentiment: Taxi companies are seeking to exit a proposed price-fixing class action involving Uber. The litigation creates potential legal costs, reputational risk and uncertainty around pricing practices. Taxi Companies Seek Exit From Price-Fixing Lawsuit
- Negative Sentiment: Uber announced roughly 3,300 corporate layoffs, with management suggesting productivity gains could help fund cheaper rides. Lower prices may stimulate demand, but investors may worry about weaker margins and the execution risk of restructuring. Uber Layoffs and Cheaper Rides
- Negative Sentiment: Waymo’s expansion in Las Vegas and planned autonomous operations in Tokyo highlight intensifying robotaxi competition, potentially challenging Uber’s future pricing power and market share. Waymo Expands Robotaxi Operations
- Negative Sentiment: President and COO Jill Hazelbaker sold 28,170 shares, reducing her position by 15.85%. While insider sales can be routine, the transaction may weigh on sentiment alongside broader concerns about valuation and competition. SEC Insider Sale Filing
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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