By otakuyassine3@gmail.com 
Uber Technologies (NYSE: UBER) recently received a number of ratings updates from brokerages and research firms:
- 1/31/2025 – Uber Technologies had its “market perform” rating reaffirmed by analysts at JMP Securities.
- 1/31/2025 – Uber Technologies had its “hold” rating reaffirmed by analysts at Benchmark Co..
- 1/28/2025 – Uber Technologies had its price target raised by analysts at Cantor Fitzgerald from $75.00 to $80.00. They now have an “overweight” rating on the stock.
- 1/28/2025 – Uber Technologies had its price target lowered by analysts at Piper Sandler from $98.00 to $82.00. They now have an “overweight” rating on the stock.
- 1/27/2025 – Uber Technologies had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $90.00 price target on the stock.
- 1/3/2025 – Uber Technologies had its price target raised by analysts at Wolfe Research from $90.00 to $92.00. They now have an “outperform” rating on the stock.
- 1/2/2025 – Uber Technologies was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating. They now have a $95.00 price target on the stock.
- 1/2/2025 – Uber Technologies was downgraded by analysts at Citizens Jmp from a “strong-buy” rating to a “hold” rating.
- 1/2/2025 – Uber Technologies had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $96.00 price target on the stock.
- 12/18/2024 – Uber Technologies had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $90.00 price target on the stock.
- 12/4/2024 – Uber Technologies had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $95.00 price target on the stock.
Uber Technologies Stock Up 0.1 %
NYSE:UBER traded up $0.08 during mid-day trading on Friday, reaching $66.67. The stock had a trading volume of 10,313,693 shares, compared to its average volume of 24,725,912. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The stock’s 50 day simple moving average is $65.71 and its two-hundred day simple moving average is $70.14. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The company has a market capitalization of $140.38 billion, a price-to-earnings ratio of 33.17, a price-to-earnings-growth ratio of 0.77 and a beta of 1.36.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 earnings per share. Equities analysts anticipate that Uber Technologies, Inc. will post 1.85 EPS for the current year.
Insider Buying and Selling
In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.84% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Uber Technologies
Institutional investors and hedge funds have recently modified their holdings of the stock. Avion Wealth lifted its position in Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after acquiring an additional 223 shares during the last quarter. Financial Management Professionals Inc. lifted its position in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after acquiring an additional 252 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies during the 4th quarter worth $35,000. Finally, Kieckhefer Group LLC acquired a new position in Uber Technologies during the 4th quarter worth $33,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.
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