Citizens Jmp Reaffirms Market Outperform Rating for Uber Technologies (NYSE:UBER)

Uber Technologies (NYSE:UBER)‘s stock had its “market outperform” rating reissued by research analysts at Citizens Jmp in a research note issued to investors on Wednesday, Benzinga reports. They presently have a $100.00 price objective on the ride-sharing company’s stock. Citizens Jmp’s price objective would suggest a potential upside of 45.85% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. Piper Sandler reissued an “overweight” rating on shares of Uber Technologies in a research report on Thursday, August 13th. Roth Capital lowered their price target on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Bank of America lowered their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Finally, Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average price target of $103.11.

Uber Technologies Stock Down 0.7%

Shares of NYSE UBER traded down $0.52 during mid-day trading on Wednesday, hitting $68.56. The company had a trading volume of 4,005,649 shares, compared to its average volume of 19,080,002. The company has a market capitalization of $140.04 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 5.66 and a beta of 1.27. The firm has a 50-day simple moving average of $73.21 and a two-hundred day simple moving average of $73.03. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a one year low of $65.41 and a one year high of $100.35.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter last year, the firm posted $0.60 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies will post 3.35 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In related news, CEO Dara Khosrowshahi bought 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was bought at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the purchase, the chief executive officer owned 1,367,100 shares in the company, valued at approximately $97,009,416. The trade was a 11.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Andrew Macdonald bought 70,000 shares of the stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider owned 426,320 shares in the company, valued at $32,327,845.60. The trade was a 19.65% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

Institutional Trading of Uber Technologies

Several large investors have recently modified their holdings of the business. BIP Wealth LLC acquired a new position in shares of Uber Technologies during the second quarter worth $1,033,000. Pacer Advisors Inc. lifted its holdings in Uber Technologies by 23.7% in the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock valued at $370,641,000 after buying an additional 985,989 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Uber Technologies by 6.1% in the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock valued at $37,025,000 after buying an additional 29,587 shares during the period. Weiss Asset Management LP raised its holdings in shares of Uber Technologies by 465.5% during the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock valued at $4,497,000 after purchasing an additional 51,465 shares during the period. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Uber Technologies during the fourth quarter valued at about $17,336,000. 80.24% of the stock is owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Analyst support provides an upside catalyst. Citizens JMP reaffirmed its “market outperform” rating and assigned a $100 price target, implying substantial upside from current levels. Citizens JMP reiterates Uber outperform rating
• Positive Sentiment: ezCater could improve Uber Eats’ growth and margins. Uber agreed to acquire workplace-catering platform ezCater for $2.3 billion in cash. The deal adds a network of more than 140,000 restaurants, more than $2.5 billion in trailing gross bookings and average orders above $400—larger orders that Uber expects could be more profitable than typical food-delivery transactions. Uber to expand Uber Eats with ezCater acquisition
• Neutral Sentiment: Investors are closely watching upcoming results. Uber will report third-quarter 2026 results and hold its conference call on November 4. The event could provide updates on demand, profitability, the Uber Eats strategy and the financial impact of the ezCater transaction. Uber announces third-quarter 2026 results date
• Neutral Sentiment: Market attention is elevated. Uber is appearing prominently among searched and trending stocks, which may increase short-term trading activity but does not by itself change the company’s fundamentals. Zacks analysis of Uber as a trending stock
• Negative Sentiment: Retail investors are questioning the ezCater deal’s valuation. Although management expects workplace catering to expand Uber Eats and support margins, the all-cash price raises concerns about capital allocation and whether the acquisition will generate adequate returns. Retail reaction to Uber’s ezCater acquisition
• Negative Sentiment: Customer experience data is a concern. A study reported that Uber riders are paying 53% more while waiting 19% longer, potentially challenging demand, customer satisfaction and the company’s value proposition. Study on Uber rider prices and wait times

Uber Technologies Company Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.