A comprehensive look at Uber Technologies UBER through the lens of 15 analysts within the last quarter:

Find out what 15 analysts are predicting for Uber Technologies in the next 12 months. The average price target is $62.93, with a high estimate of $75.00 and a low estimate of $51.00.

Here's a brief overview of how 15 analysts have rated Uber Technologies in the past 3 months. Positive sentiments are reflected in bullish ratings, while negative sentiments are indicated by bearish ratings.

Notable over the past month is the 4.02% increase in the average price target.

Understanding Analyst Ratings: A Comprehensive Breakdown

Explore the analyses of financial experts and analysts, gaining insights into their recent assessments for Uber Technologies. The Ratings Table below delivers a detailed overview of the actions undertaken by key analysts, their current ratings, and price targets. Uncover valuable perspectives on possible market trends and investor sentiment by understanding the perceptions of these experts towards the company.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Uber Technologies. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Uber Technologies compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Uber Technologies's stock. This analysis reveals shifts in analysts' expectations over time.

For valuable insights into Uber Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Uber Technologies analyst ratings.

Unveiling the Story Behind Uber Technologies

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 131 million users that order rides or food at least once a month. Approximately 44% of its gross revenue comes from ridesharing and 34% from food delivery.

Unraveling the Financial Story of Uber Technologies

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Uber Technologies showcased positive performance, achieving a revenue growth rate of 11.37% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Uber Technologies's net margin excels beyond industry benchmarks, reaching 2.38%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Uber Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.45%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Uber Technologies's ROA stands out, surpassing industry averages. With an impressive ROA of 0.63%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a below-average debt-to-equity ratio of 1.17, Uber Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.