Research Analysts Issue Forecasts for UBER FY2025 Earnings

Uber Technologies, Inc. (NYSE:UBER) – Investment analysts at Cantor Fitzgerald lifted their FY2025 earnings per share estimates for Uber Technologies in a research note issued on Wednesday, June 25th. Cantor Fitzgerald analyst D. Mathivanan now expects that the ride-sharing company will earn $2.69 per share for the year, up from their prior estimate of $2.66. Cantor Fitzgerald has a “Overweight” rating and a $106.00 price objective on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.54 per share. Cantor Fitzgerald also issued estimates for Uber Technologies’ FY2026 earnings at $3.21 EPS.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.33. The business had revenue of $11.53 billion during the quarter, compared to the consensus estimate of $11.61 billion. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.32) earnings per share.

A number of other equities analysts also recently issued reports on the company. Truist Financial increased their price objective on Uber Technologies from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, March 6th. DA Davidson increased their price objective on Uber Technologies from $80.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. KGI Securities restated a “neutral” rating and set a $78.00 price target on shares of Uber Technologies in a report on Tuesday, March 11th. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of Uber Technologies in a report on Wednesday, May 7th. Finally, Wells Fargo & Company raised their price target on Uber Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Eleven investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $95.18.

Uber Technologies Price Performance

UBER opened at $93.09 on Thursday. The stock has a fifty day simple moving average of $84.83 and a two-hundred day simple moving average of $75.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. The company has a market cap of $194.67 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.15 and a beta of 1.38. Uber Technologies has a 12-month low of $54.84 and a 12-month high of $94.38.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of UBER. Noble Wealth Management PBC purchased a new position in shares of Uber Technologies during the 1st quarter valued at about $27,000. Kozak & Associates Inc. lifted its position in shares of Uber Technologies by 155.9% during the 1st quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company’s stock valued at $27,000 after buying an additional 223 shares in the last quarter. Vision Financial Markets LLC purchased a new position in shares of Uber Technologies during the 1st quarter valued at about $27,000. GPS Wealth Strategies Group LLC lifted its position in shares of Uber Technologies by 305.1% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company’s stock valued at $29,000 after buying an additional 299 shares in the last quarter. Finally, Perkins Coie Trust Co lifted its position in shares of Uber Technologies by 306.0% during the 1st quarter. Perkins Coie Trust Co now owns 406 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 306 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 34,884 shares of the firm’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $86.03, for a total value of $3,001,070.52. Following the transaction, the insider now directly owns 102,135 shares of the company’s stock, valued at approximately $8,786,674.05. This trade represents a 25.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $85.00, for a total value of $233,750.00. Following the completion of the transaction, the chief financial officer now directly owns 21,063 shares in the company, valued at $1,790,355. The trade was a 11.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.84% 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.