Uber Likely To Post Narrower Q2 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Uber Technologies, Inc. UBER is expected to report its second quarter financial results, before the opening bell on Aug. 1, 2023.

Analysts expect the company to post a quarterly loss at 1 cent per share, compared to a year-ago loss of $1.33 per share. The company’s revenue might come in at $8.46 billion.

Uber shares rose 2.7% to close at $49.46 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wedbush analyst Scott Devitt maintained an Outperform rating and raised the price target from $46 to $52 on July 27, 2023. This analyst has an accuracy rate of 83%.
• Roth MKM analyst Rohit Kulkarni maintained a Buy rating and boosted the price target from $46 to $59 on July 18, 2023. This analyst has an accuracy rate of 84%.
• B of A Securities analyst Justin Post maintained a Buy rating and raised the price target from $44 to $51 on July 13, 2023. This analyst has an accuracy rate of 83%.
• Evercore ISI Group analyst Mark Mahaney reiterated an Outperform rating with a price target of $75 on July 11, 2023. This analyst has an accuracy rate of 77%.
• Oppenheimer analyst Jason Helfstein maintained an Outperform rating and boosted the price target from $55 to $65 on June 21, 2023. This analyst has an accuracy rate of 70%.

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