Providing a diverse range of perspectives from bullish to bearish, 35 analysts have published ratings on Uber Technologies UBER in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 18 | 15 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 10 | 13 | 0 | 0 | 0 |
| 3M Ago | 6 | 1 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $81.66, with a high estimate of $96.00 and a low estimate of $62.00. This upward trend is apparent, with the current average reflecting a 14.07% increase from the previous average price target of $71.59.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Uber Technologies by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Youssef Squali | Truist Securities | Raises | Buy | $94.00 | $90.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $92.00 | $78.00 |
| Bill Selesky | Argus Research | Raises | Buy | $95.00 | $69.00 |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $85.00 | $76.00 |
| Ronald Josey | Citigroup | Raises | Buy | $91.00 | $83.00 |
| Lloyd Walmsley | UBS | Raises | Buy | $96.00 | $94.00 |
| Brad Erickson | RBC Capital | Maintains | Outperform | $85.00 | - |
| Doug Anmuth | JP Morgan | Raises | Overweight | $95.00 | $84.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $92.00 | $82.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $90.00 | $77.00 |
| Bernie McTernan | Needham | Maintains | Buy | $90.00 | - |
| Justin Patterson | Keybanc | Raises | Overweight | $90.00 | $79.00 |
| Trevor Young | Barclays | Raises | Overweight | $86.00 | $63.00 |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $76.00 | $75.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $82.00 | $69.00 |
| Ronald Josey | Citigroup | Raises | Buy | $83.00 | $75.00 |
| Brad Erickson | RBC Capital | Raises | Outperform | $85.00 | $65.00 |
| James Lee | Mizuho | Raises | Buy | $83.00 | $77.00 |
| Shyam Patil | Susquehanna | Raises | Positive | $85.00 | $60.00 |
| Rohit Kulkarni | Roth MKM | Raises | Buy | $79.00 | $72.00 |
| Doug Anmuth | JP Morgan | Raises | Overweight | $84.00 | $76.00 |
| Bernie McTernan | Needham | Raises | Buy | $90.00 | $71.00 |
| Bernie McTernan | Needham | Maintains | Buy | $71.00 | - |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $75.00 | $62.00 |
| Justin Patterson | Keybanc | Raises | Overweight | $79.00 | $70.00 |
| Justin Post | B of A Securities | Raises | Buy | $73.00 | $68.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $68.00 | $58.00 |
| Robert Mollins | Gordon Haskett | Announces | Hold | $66.00 | - |
| Bernie McTernan | Needham | Raises | Buy | $71.00 | $63.00 |
| James Lee | Mizuho | Raises | Buy | $77.00 | $63.00 |
| Bernie McTernan | Needham | Maintains | Buy | $63.00 | - |
| Eric Sheridan | Goldman Sachs | Raises | Buy | $78.00 | $59.00 |
| Eric Sheridan | Goldman Sachs | Raises | Buy | $78.00 | $59.00 |
| Brian Pitz | BMO Capital | Announces | Outperform | $69.00 | - |
| Anindya Das | Nomura | Raises | Neutral | $62.00 | $59.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Uber Technologies. This insight gives a snapshot of analysts' perspectives on 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: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Uber Technologies's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Uber Technologies analyst ratings.
Discovering Uber Technologies: A Closer Look
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 150 million users who order rides or food at least once a month.
Uber Technologies: Delving into Financials
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Uber Technologies displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 15.44%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Uber Technologies's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.38% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Uber Technologies's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 13.87%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Uber Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.83%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.0.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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