Uber Technologies (NYSE:UBER) Trading Up 2.9% – Still a Buy?

Uber Technologies, Inc. (NYSE:UBER) was up 2.9% during trading on Tuesday . The stock traded as high as $72.05 and last traded at $71.9210. Approximately 15,732,776 shares changed hands during trading, a decline of 23% from the average daily volume of 20,564,184 shares. The stock had previously closed at $69.91.

More Uber Technologies News

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

• Positive Sentiment: WeRide partnership deepens: Uber has increased its stake in autonomous driving partner WeRide and the companies launched fully driverless Level‑4 robotaxi service in Dubai — a milestone for Uber’s AV strategy and potential long‑term unit‑cost improvement. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Acquisition to lift premium demand: Uber agreed to buy Blacklane to expand its Elite/chauffeur offering globally, which could drive higher‑margin ride revenue and improve wallet share among high‑end customers. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
• Positive Sentiment: High‑profile bullish coverage: Jim Cramer and other bullish takes/ratings upgrades are drawing attention to Uber as a long‑term value story, supporting investor sentiment. Jim Cramer on Says Uber Technologies “Represents Long-Term Great Value”
• Neutral Sentiment: Recent results mixed: Uber’s latest quarter showed revenue growth and healthy margins but an EPS miss; management gave Q1 guidance — a mixed earnings setup that leaves room for debate on near‑term momentum. (Background earnings context)
• Neutral Sentiment: Analyst price‑target update: Wells Fargo trimmed its price target to $95 while keeping an overweight rating, signaling continued analyst conviction but modestly lower near‑term expectations tied to AV dynamics. Benzinga
• Neutral Sentiment: Global AV expansion: Coverage notes Uber & partners are pushing robotaxis into new markets (e.g., Europe), which is positive for long‑term TAM but keeps AV investment and regulatory timelines in focus. UBER & Partners Look to Bring Robotaxis to Europe Soon: Growth Ahead?
• Negative Sentiment: Operational hiccups: Local incidents — including vandalism of Uber Eats delivery robots in Sheffield — highlight execution and regulatory/PR risks around automation. Uber Eats delivery robots vandalised in Sheffield
• Negative Sentiment: Driver economics pressured by fuel costs: Reporting on higher gas prices underscores margin pressure for drivers (affecting supply and cost dynamics), a short‑term headwind for rides revenue and driver availability. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

Analysts Set New Price Targets

UBER has been the subject of several recent research reports. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Thursday, February 5th. DA Davidson cut their price objective on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Citizens Jmp raised shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Wednesday, February 4th. The Goldman Sachs Group set a $125.00 price objective on shares of Uber Technologies in a research note on Wednesday, February 4th. Finally, Truist Financial set a $108.00 target price on Uber Technologies in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $105.14.

Uber Technologies Stock Performance

The business’s fifty day moving average price is $75.18 and its 200-day moving average price is $84.90. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $146.93 billion, a PE ratio of 15.27, a P/E/G ratio of 6.33 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. During the same period last year, the company posted $3.21 EPS. The business’s revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.70% of the stock is currently owned by company insiders.

Institutional Trading of Uber Technologies

Large investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter valued at approximately $25,000. Westend Capital Management LLC purchased a new position in Uber Technologies in the 3rd quarter worth approximately $27,000. Kilter Group LLC bought a new position in shares of Uber Technologies in the 2nd quarter worth $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter worth $25,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $25,000. Institutional investors own 80.24% of the company’s stock.

About Uber Technologies

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.