2 weeks Ago By ABMN Staff
Uber Technologies, Inc. ( NYSE:UBER – Free Report ) – Research analysts at Cantor Fitzgerald dropped their FY2025 earnings estimates for shares of Uber Technologies in a research report issued on Wednesday, April 16th. Cantor Fitzgerald analyst D.
Mathivanan now anticipates that the ride-sharing company will post earnings of $2.25 per share for the year, down from their prior estimate of $2.32.
Cantor Fitzgerald currently has a “Overweight” rating and a $80.00 target price on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $2.
54 per share. UBER has been the topic of several other reports. Needham & Company LLC reissued a “buy” rating and issued a $90.
00 price target on shares of Uber Technologies in a research note on Wednesday, April 9th. Citigroup reduced their price target on shares of Uber Technologies from $98.00 to $92.
00 and set a “buy” rating for the company in a report on Thursday, February 6th. Wells Fargo & Company raised their target price on Uber Technologies from $87.00 to $90.
00 and gave the company an “overweight” rating in a research note on Thursday, April 3rd. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $96.
00 target price on shares of Uber Technologies in a research report on Thursday, January 2nd. Ten analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $89.
81. Uber Technologies Stock Up 3.0 % Shares of Uber Technologies stock opened at $75.
28 on Thursday. The stock’s 50-day moving average is $74.06 and its 200 day moving average is $71.
46. Uber Technologies has a one year low of $54.84 and a one year high of $87.
00. The firm has a market cap of $157.47 billion, a price-to-earnings ratio of 16.
51, a PEG ratio of 0.89 and a beta of 1.37.
The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.
41. Uber Technologies ( NYSE:UBER – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.
21 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $2.71.
Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%.
Institutional Trading of Uber Technologies A number of institutional investors have recently added to or reduced their stakes in UBER. Polianta Ltd purchased a new stake in shares of Uber Technologies in the fourth quarter worth about $1,206,000. Allworth Financial LP increased its holdings in Uber Technologies by 8.
9% during the 4th quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company’s stock worth $1,229,000 after acquiring an additional 1,663 shares during the period. Lecap Asset Management Ltd.
purchased a new stake in Uber Technologies in the 4th quarter worth approximately $3,188,000. Mirador Capital Partners LP boosted its holdings in Uber Technologies by 40.4% in the 4th quarter.
Mirador Capital Partners LP now owns 85,214 shares of the ride-sharing company’s stock valued at $5,140,000 after purchasing an additional 24,520 shares during the period. Finally, Tri Ri Asset Management Corp purchased a new stake in shares of Uber Technologies in the 3rd quarter valued at about $8,243,000. Hedge funds and other institutional investors own 80.
24% of the company’s stock. Insider Transactions at Uber Technologies In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.
00, for a total value of $206,250.00. Following the completion of the transaction, the chief financial officer now directly owns 22,162 shares of the company’s stock, valued at approximately $1,662,150.
This trade represents a 11.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, SVP Nikki Krishnamurthy sold 20,000 shares of Uber Technologies stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $71.57, for a total transaction of $1,431,400.
00. Following the completion of the transaction, the senior vice president now owns 361,908 shares of the company’s stock, valued at $25,901,755.56.
This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last 90 days, insiders sold 77,154 shares of company stock worth $5,793,869. 3.84% of the stock is owned by company insiders.
Uber Technologies Company Profile ( Get Free Report ) 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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