Wedbush Equities Analysts Raise Earnings Estimates for UBER

Uber Technologies, Inc. (NYSE:UBERFree Report) – Analysts at Wedbush raised their Q4 2025 earnings per share estimates for shares of Uber Technologies in a report issued on Tuesday, November 4th. Wedbush analyst S. Devitt now expects that the ride-sharing company will post earnings of $0.69 per share for the quarter, up from their prior forecast of $0.67. Wedbush has a “Neutral” rating and a $84.00 price objective on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share. Wedbush also issued estimates for Uber Technologies’ FY2026 earnings at $3.15 EPS.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping the consensus estimate of $0.67 by $2.44. The company had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.20 earnings per share.

Several other equities research analysts have also recently weighed in on UBER. Cowen reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday. Morgan Stanley reissued an “overweight” rating and set a $115.00 target price (up previously from $95.00) on shares of Uber Technologies in a research report on Monday, July 21st. Truist Financial increased their price target on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada set a $110.00 price target on Uber Technologies in a research report on Wednesday. Finally, Cantor Fitzgerald boosted their price objective on shares of Uber Technologies from $107.00 to $108.00 and gave the company an “overweight” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $108.26.

Check Out Our Latest Stock Analysis on Uber Technologies

Uber Technologies Stock Performance

Uber Technologies stock opened at $92.33 on Friday. The company’s 50-day moving average price is $95.50 and its 200-day moving average price is $90.95. The company has a quick ratio of 1.11, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market cap of $192.55 billion, a PE ratio of 11.87 and a beta of 1.46. Uber Technologies has a twelve month low of $59.33 and a twelve month high of $101.99.

Insider Activity

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $99.42, for a total transaction of $273,405.00. Following the transaction, the chief financial officer directly owned 22,528 shares in the company, valued at $2,239,733.76. This trade represents a 10.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 11,571 shares of Uber Technologies stock in a transaction on Friday, August 15th. The shares were sold at an average price of $91.74, for a total value of $1,061,523.54. Following the sale, the senior vice president directly owned 416,222 shares of the company’s stock, valued at approximately $38,184,206.28. This trade represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 604,946 shares of company stock valued at $58,950,116. Insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors have recently made changes to their positions in the company. Pershing Square Capital Management L.P. purchased a new position in Uber Technologies during the 1st quarter valued at about $2,207,743,000. Norges Bank bought a new position in shares of Uber Technologies during the second quarter valued at approximately $2,348,319,000. Kingstone Capital Partners Texas LLC increased its holdings in Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after buying an additional 19,967,705 shares during the period. Pacer Advisors Inc. raised its stake in Uber Technologies by 2,571.2% in the first quarter. Pacer Advisors Inc. now owns 6,498,167 shares of the ride-sharing company’s stock worth $473,456,000 after buying an additional 6,254,898 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Uber Technologies by 3.2% during the 1st quarter. Vanguard Group Inc. now owns 186,526,036 shares of the ride-sharing company’s stock valued at $13,590,287,000 after acquiring an additional 5,759,353 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

About Uber Technologies

(Get Free Report)

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Further Reading

Earnings History and Estimates for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.