Wedbush Predicts Uber Technologies' Q3 Earnings (NYSE:UBER)

Uber Technologies, Inc. (NYSE:UBER - Free Report) - Stock analysts at Wedbush decreased their Q3 2025 EPS estimates for shares of Uber Technologies in a research report issued to clients and investors on Tuesday, April 15th. Wedbush analyst S. Devitt now expects that the ride-sharing company will post earnings of $0.55 per share for the quarter, down from their previous forecast of $0.63. The consensus estimate for Uber Technologies' current full-year earnings is $2.54 per share.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%.

A number of other research firms have also recently weighed in on UBER. JPMorgan Chase & Co. lowered their price objective on Uber Technologies from $90.00 to $80.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company upped their price target on shares of Uber Technologies from $87.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, April 3rd. KGI Securities restated a "neutral" rating and set a $78.00 target price on shares of Uber Technologies in a research report on Tuesday, March 11th. Benchmark restated a "hold" rating on shares of Uber Technologies in a research report on Friday, January 31st. Finally, JMP Securities restated a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Ten analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average target price of $89.81.

Uber Technologies Stock Up 3.0 %

NYSE:UBER traded up $2.22 during trading hours on Wednesday, reaching $75.28. The company's stock had a trading volume of 21,882,922 shares, compared to its average volume of 20,370,869. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. The company has a market capitalization of $157.47 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The stock has a 50 day moving average price of $74.06 and a two-hundred day moving average price of $71.46. Uber Technologies has a 12 month low of $54.84 and a 12 month high of $87.00.

Institutional Trading of Uber Technologies

Several institutional investors have recently made changes to their positions in UBER. Noble Wealth Management PBC acquired a new position in shares of Uber Technologies in the 1st quarter valued at about $27,000. Kozak & Associates Inc. lifted its holdings in shares of Uber Technologies by 155.9% during the 1st quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock valued at $27,000 after acquiring an additional 223 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in Uber Technologies by 305.1% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 299 shares in the last quarter. Perkins Coie Trust Co boosted its position in shares of Uber Technologies by 306.0% in the first quarter. Perkins Coie Trust Co now owns 406 shares of the ride-sharing company's stock worth $30,000 after buying an additional 306 shares during the period. Finally, Fourth Dimension Wealth LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Uber Technologies

In other news, insider Jill Hazelbaker sold 31,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the transaction, the insider now owns 86,973 shares in the company, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Tony West sold 23,404 shares of the business's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total value of $1,644,599.08. Following the completion of the transaction, the insider now owns 114,241 shares of the company's stock, valued at $8,027,715.07. This trade represents a 17.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 in the last quarter. Company insiders own 3.84% of the company's stock.

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.