KeyCorp Issues Pessimistic Forecast for Uber Technologies (NYSE:UBER) Stock Price

Uber Technologies (NYSE:UBER) had its price objective lowered by analysts at KeyCorp from $105.00 to $95.00 in a report issued on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the ride-sharing company’s stock. KeyCorp‘s price objective would suggest a potential upside of 38.42% from the company’s current price.

A number of other research analysts also recently weighed in on UBER. Wedbush reissued an “outperform” rating and issued a $91.00 price objective on shares of Uber Technologies in a research note on Thursday. Rosenblatt Securities initiated coverage on Uber Technologies in a research report on Tuesday, September 1st. They set a “buy” rating and a $100.00 target price for the company. The Goldman Sachs Group reiterated a “buy” rating and set a $110.00 price target (down from $115.00) on shares of Uber Technologies in a report on Thursday. Evercore reissued an “outperform” rating and issued a $150.00 price target on shares of Uber Technologies in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, forty-four have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $101.82.

Uber Technologies Stock Down 0.2%

Uber Technologies stock traded down $0.15 during mid-day trading on Thursday, hitting $68.63. 18,272,398 shares of the company’s stock were exchanged, compared to its average volume of 16,264,552. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market cap of $140.18 billion, a P/E ratio of 40.61, a P/E/G ratio of 6.38 and a beta of 1.33. Uber Technologies has a 1-year low of $64.04 and a 1-year high of $95.18. The stock has a 50 day moving average of $70.14 and a two-hundred day moving average of $73.03.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The company had revenue of $14.77 billion during the quarter, compared to analysts’ expectations of $14.66 billion. During the same quarter in the previous year, the firm earned $3.11 earnings per share. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Uber Technologies will post 3.14 EPS for the current fiscal year.

Insider Buying and Selling

In other Uber Technologies news, insider Andrew Macdonald purchased 70,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the acquisition, the insider directly owned 426,320 shares in the company, valued at $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This trade represents a 11.50% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Uber Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Dunhill Financial LLC acquired a new position in Uber Technologies during the 2nd quarter valued at $28,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in Uber Technologies in the 2nd quarter valued at $29,000. William Mack & Associates Inc. bought a new stake in Uber Technologies in the 3rd quarter valued at $28,000. Elevation Wealth Partners LLC boosted its holdings in Uber Technologies by 209.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 277 shares during the period. Finally, Balance Wealth Partners LLC acquired a new stake in Uber Technologies in the 3rd quarter worth $29,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Amazon is adding Uber Eats restaurant delivery to its U.S. Prime experience, including $0 delivery fees on qualifying orders of $25 or more. The partnership could expand Uber Eats’ reach and order volume. Amazon adds Uber food delivery perks for Prime subscribers
• Positive Sentiment: Uber reported Q3 revenue of $14.77 billion, gross bookings growth of 20%, and strong free cash flow. Adjusted earnings also edged past estimates, supporting the view that the underlying business is still growing. Uber: 3 key takeaways for long-term investors
• Neutral Sentiment: Analyst views remain divided. Wedbush reiterated Outperform and Guggenheim maintained Buy, while several firms lowered price targets; Canaccord’s $70 target and Hold rating are close to the share price. Wedbush reaffirms Outperform
• Negative Sentiment: Some analysts cut targets after the results, including Barclays ($106 to $100), KeyCorp ($105 to $95), and Canaccord ($72 to $70). These revisions may reinforce concerns about valuation and near-term upside. Analyst price-target updates
• Negative Sentiment: Uber’s CEO cited driver shortages and higher fuel costs in some international markets, which could raise incentives and constrain Mobility growth. The sharp year-over-year drop in GAAP net income has also drawn attention, despite stronger operating metrics. Uber CEO reveals a driver-supply problem
• Negative Sentiment: Commentary questioning whether expectations for future robotaxis are already reflected in Uber’s valuation adds another source of investor caution. Uber: The market is pricing tomorrow’s robotaxis into today’s earnings

Uber Technologies Company Profile

Uber Technologies, Inc operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats.

The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber’s platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.

Founded in San Francisco in 2009 as UberCab, the company expanded from ride-hailing into delivery and freight.