Uber Technologies (NYSE:UBER) Trading Up 2.5% – Still a Buy?

Uber Technologies, Inc. (NYSE:UBER)’s stock price shot up 2.5% during trading on Tuesday . The stock traded as high as $74.85 and last traded at $74.2140. 15,507,768 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 19,734,434 shares. The stock had previously closed at $72.42.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Wells Fargo reiterated an overweight stance on Uber and lifted its price target to $100, signaling confidence in upside potential and helping support the shares. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Investor commentary is turning more bullish on Uber’s long-term robotaxi opportunity, arguing the company can benefit from autonomous technology partnerships without bearing the full cost of building self-driving systems itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber was added to several Russell value benchmarks, which could increase demand from value-oriented index funds and ETFs and may be viewed as a sign the market is classifying the stock more as a value name. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Positive Sentiment: Uber’s ongoing partnerships with Stellantis and Wayve on Level 4 autonomous robotaxis reinforce the company’s role as a platform beneficiary in self-driving deployment rather than a direct hardware developer. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Neutral Sentiment: Uber’s CEO Dara Khosrowshahi stepped down from Grab’s board, a governance-related update that has limited direct impact on Uber’s core business but kept the stock in the news. Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
• Negative Sentiment: Reports that Uber paused most of its planned Europe Uber Eats expansion to focus on a possible Delivery Hero acquisition raise concerns about execution risk, capital allocation, and slower near-term growth in food delivery. Uber’s European expansion plans may have hit a speed bump
• Negative Sentiment: News that Uber and Waymo ended a partnership in a major U.S. city highlights competitive friction in autonomous mobility, which may temper enthusiasm around Uber’s robotaxi strategy. Uber and Waymo broke up in this major US city – here’s why
• Negative Sentiment: Questions around Uber’s insurance charges varying by ride, despite similar routes and drivers, could add scrutiny around pricing and operating transparency. Uber’s Insurance Charges Varied by Ride Despite the Same Route and Driver, Study Finds

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. Truist Financial lifted their price objective on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. TD Cowen assumed coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.49.

Uber Technologies Stock Performance

The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average price is $73.05 and its 200-day moving average price is $75.54. The firm has a market cap of $151.07 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 6.32 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the business earned $0.83 EPS. Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Institutional Trading of Uber Technologies

Several institutional investors and hedge funds have recently made changes to their positions in UBER. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the fourth quarter worth approximately $25,000. Portus Wealth Advisors LLC bought a new stake in shares of Uber Technologies during the 1st quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter worth $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Company Profile

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.