Research Analysts Issue Forecasts for UBER FY2025 Earnings

Uber Technologies, Inc. (NYSE:UBER) – Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Uber Technologies in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan expects that the ride-sharing company will post earnings per share of $2.41 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $90.00 target price on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $1.91 per share.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The firm’s revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share.

Other research analysts have also issued research reports about the company. Gordon Haskett upgraded Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Thursday, October 31st. Citizens Jmp downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Wells Fargo & Company dropped their target price on shares of Uber Technologies from $97.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, November 1st. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of Uber Technologies in a research report on Thursday, October 31st. Finally, DA Davidson lifted their price objective on Uber Technologies from $82.00 to $84.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.53.

Uber Technologies Stock Up 0.7 %

Shares of UBER opened at $68.28 on Wednesday. The firm has a market cap of $143.77 billion, a P/E ratio of 33.97, a PEG ratio of 0.73 and a beta of 1.36. Uber Technologies has a 12 month low of $54.84 and a 12 month high of $87.00. The stock’s 50 day moving average is $66.02 and its two-hundred day moving average is $70.29. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Insider Transactions at Uber Technologies

In related 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 value of $2,025,162.00. Following the completion of the transaction, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UBER. Austin Private Wealth LLC increased its position in shares of Uber Technologies by 18.7% during the fourth quarter. Austin Private Wealth LLC now owns 4,217 shares of the ride-sharing company’s stock worth $254,000 after acquiring an additional 663 shares during the period. GFS Advisors LLC purchased a new stake in Uber Technologies during the 4th quarter worth about $570,000. Caprock Group LLC increased its holdings in Uber Technologies by 1.8% during the 4th quarter. Caprock Group LLC now owns 87,424 shares of the ride-sharing company’s stock worth $5,273,000 after purchasing an additional 1,584 shares during the period. New Wave Wealth Advisors LLC acquired a new stake in Uber Technologies in the 4th quarter valued at about $119,000. Finally, BTC Capital Management Inc. boosted its stake in shares of Uber Technologies by 2.0% in the 4th quarter. BTC Capital Management Inc. now owns 9,903 shares of the ride-sharing company’s stock valued at $597,000 after buying an additional 193 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Company Profile

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.