Uber Technologies, Inc. (NYSE:UBER) Expected to Post FY2026 Earnings of $2.40 Per Share

Uber Technologies, Inc. (NYSE:UBER) – Equities researchers at KeyCorp issued their FY2026 earnings per share (EPS) estimates for Uber Technologies in a research report issued on Tuesday, September 24th. KeyCorp analyst J. Patterson anticipates that the ride-sharing company will post earnings per share of $2.40 for the year. The consensus estimate for Uber Technologies’ current full-year earnings is $1.06 per share.

UBER has been the subject of a number of other reports. Loop Capital boosted their price target on Uber Technologies from $83.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. The Goldman Sachs Group boosted their target price on shares of Uber Technologies from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. Wolfe Research initiated coverage on shares of Uber Technologies in a research note on Tuesday, July 16th. They set an “outperform” rating and a $90.00 price target on the stock. Raymond James initiated coverage on shares of Uber Technologies in a research report on Tuesday, September 24th. They issued a “strong-buy” rating and a $90.00 price objective for the company. Finally, Roth Mkm raised their target price on shares of Uber Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $87.81.

Uber Technologies Trading Down 1.2 %

Shares of Uber Technologies stock opened at $75.75 on Friday. Uber Technologies has a 1 year low of $40.09 and a 1 year high of $82.14. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50 day moving average price of $70.26 and a 200 day moving average price of $70.69. The company has a market capitalization of $159.15 billion, a P/E ratio of 122.18, a P/E/G ratio of 1.38 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last announced its earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. Uber Technologies had a net margin of 5.02% and a return on equity of 17.06%. The company had revenue of $10.70 billion during the quarter, compared to analysts’ expectations of $10.57 billion. During the same quarter in the previous year, the business posted $0.18 earnings per share. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the business. Aptus Capital Advisors LLC boosted its stake in Uber Technologies by 17.1% during the 2nd quarter. Aptus Capital Advisors LLC now owns 9,468 shares of the ride-sharing company’s stock valued at $688,000 after acquiring an additional 1,383 shares during the last quarter. Samlyn Capital LLC bought a new position in shares of Uber Technologies during the second quarter worth about $134,987,000. Brookstone Capital Management grew its stake in Uber Technologies by 19.0% in the second quarter. Brookstone Capital Management now owns 161,494 shares of the ride-sharing company’s stock worth $11,082,000 after purchasing an additional 25,814 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in Uber Technologies by 26.4% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 41,254 shares of the ride-sharing company’s stock valued at $2,998,000 after buying an additional 8,614 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in Uber Technologies by 70.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 15,568 shares of the ride-sharing company’s stock valued at $959,000 after buying an additional 6,426 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 40,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the transaction, the insider now directly owns 127,352 shares of the company’s stock, valued at $9,169,344. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the sale, the insider now directly owns 127,352 shares of the company’s stock, valued at $9,169,344. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Dara Khosrowshahi sold 500,000 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $71.91, for a total value of $35,955,000.00. Following the completion of the transaction, the chief executive officer now owns 1,266,114 shares in the company, valued at approximately $91,046,257.74. The disclosure for this sale can be found here. 3.84% of the stock is owned by company insiders.

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.