Cantor Fitzgerald Has Lowered Expectations for Uber Technologies (NYSE:UBER) Stock Price

Uber Technologies (NYSE:UBER) had its price objective lowered by Cantor Fitzgerald from $98.00 to $90.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the ride-sharing company’s stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 31.95% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Wedbush assumed coverage on Uber Technologies in a research note on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price target on the stock. KeyCorp dropped their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. JPMorgan Chase & Co. boosted their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $105.64.

Uber Technologies Stock Down 5.3%

Shares of UBER stock opened at $68.21 on Thursday. The stock has a market cap of $138.85 billion, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 6.58 and a beta of 1.13. Uber Technologies has a one year low of $65.41 and a one year high of $101.99. The stock has a fifty day moving average price of $71.78 and a 200 day moving average price of $73.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts predict that Uber Technologies will post 2.99 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Osbon Capital Management LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at approximately $25,000. Portus Wealth Advisors LLC bought a new position in Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter valued at approximately $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Strong operating growth and cash generation: Uber reported second-quarter gross bookings of approximately $58.0 billion, up 24% year over year, while trips increased 18% to 3.9 billion and monthly active platform consumers rose 16% to 208 million. Adjusted EBITDA increased 33% to $2.8 billion, operating cash flow reached $2.9 billion, and trailing free cash flow exceeded $10 billion. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Progress on autonomous mobility: Uber and Wayve received approval for supervised robotaxi rides in London, providing a potential path toward commercial autonomous services. Uber is also pursuing partnerships involving Rivian and Lucid, although the initiatives require significant investment. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: AI efficiency could support margins: Uber’s CTO said thousands of engineers now use advanced AI tools and that the company is shifting from maximizing token usage to using AI more efficiently. The CFO also said AI spending was broadly stable as Uber adopted lower-cost models and increased employee oversight of usage. Uber CTO Discusses AI Efficiency
• Neutral Sentiment: Mixed quarterly results: Adjusted EPS of $0.81 narrowly exceeded the $0.80 consensus estimate, but revenue of $14.19 billion was slightly below the $14.24 billion forecast. GAAP diluted EPS was $1.17, helped by investment revaluation gains, making the adjusted figures more relevant for assessing underlying performance. Uber Forecasts Weak Quarterly Profit
• Negative Sentiment: Below-consensus outlook: Uber forecast third-quarter adjusted EPS of $0.84-$0.88, below the $0.89 analyst estimate, and bookings of $58.25-$60.25 billion, with a midpoint slightly below expectations. Foreign-exchange pressure and slower trip growth in Brazil also weighed on the outlook.
• Negative Sentiment: Robotaxi spending raises execution and capital-allocation concerns: Uber plans to invest more than $10 billion in autonomous vehicles over coming years while also funding major acquisitions. Investors are questioning whether the spending could undermine Uber’s historically asset-light model, particularly as Waymo moves toward operating its own app and reduces reliance on Uber. Uber Doubles Down on Robotaxi Plans

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.