Cantor Fitzgerald Comments on UBER FY2025 Earnings

Uber Technologies, Inc. (NYSE:UBER) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Uber Technologies in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan anticipates 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 price target on the stock. The consensus estimate for Uber Technologies’ current full-year earnings is $1.91 per share.

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

Other research analysts also recently issued reports about the company. Daiwa Capital Markets downgraded Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 target price on the stock. in a research note on Thursday, October 17th. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Jefferies Financial Group lifted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Wolfe Research increased their target price on Uber Technologies from $90.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, Bank of America increased their target price on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $91.53.

Uber Technologies Stock Performance

Shares of UBER stock opened at $67.75 on Wednesday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. The firm has a market cap of $142.66 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 0.72 and a beta of 1.36. Uber Technologies has a 52-week low of $54.84 and a 52-week high of $87.00. The company’s 50 day moving average is $66.16 and its 200 day moving average is $70.33.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now owns 107,289 shares in the company, valued at $7,821,368.10. This represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fidelis Capital Partners LLC boosted its holdings in shares of Uber Technologies by 20.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 5,063 shares of the ride-sharing company’s stock valued at $368,000 after purchasing an additional 853 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Uber Technologies by 52.1% in the second quarter. EverSource Wealth Advisors LLC now owns 11,189 shares of the ride-sharing company’s stock worth $813,000 after acquiring an additional 3,835 shares during the period. Samlyn Capital LLC acquired a new stake in shares of Uber Technologies during the second quarter worth $134,987,000. Gateway Advisory LLC raised its position in shares of Uber Technologies by 5.7% in the 2nd quarter. Gateway Advisory LLC now owns 9,107 shares of the ride-sharing company’s stock worth $662,000 after acquiring an additional 490 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Uber Technologies by 61.7% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 358,834 shares of the ride-sharing company’s stock worth $26,080,000 after buying an additional 136,966 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

About Uber Technologies

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.