Uber Technologies, Inc. (NYSE:UBER) has a beta value of 0 and has seen 10,170,176 shares traded in the recent trading session. The company, currently valued at $97.64 Billion, closed the recent trade at $52.19 per share which meant it lost -$2.66 on the day or -4.86% during that session. The UBER stock price is -22.72% off its 52-week high price of $64.05 and 51.14% above the 52-week low of $25.5. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.17 Million shares traded. The 3-month trading volume is 21.36 Million shares.
The consensus among analysts is that Uber Technologies, Inc. (UBER) is a Buy stock at the moment, with a recommendation rating of 1.8. 1 analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 40 have rated it as a Hold, with 32 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.54.
Uber Technologies, Inc. (NYSE:UBER) trade information
Despite being -4.86% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the UBER stock price touched $59.22- or saw a rise of 11.76%. Year-to-date, Uber Technologies, Inc. shares have moved 2.46%, while the 5-day performance has seen it change -8.58%. Over the past 30 days, the shares of Uber Technologies, Inc. (NYSE:UBER) have changed -9.28%. Short interest in the company has seen 64.72 Million shares shorted with days to cover at 3.03.
Wall Street analysts have a consensus price target for the stock at $72.49, which means that the shares’ value could jump 38.9% from the levels at last check today. The projected low price target is $30 while the price target rests at a high of $82. In that case, then, we find that the latest price level in today’s session is +57.12% off the targeted high while a plunge would see the stock lose -42.52% from the levels at last check today.
Uber Technologies, Inc. (UBER) estimates and forecasts
Figures show that Uber Technologies, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +61.04% over the past 6 months, with this year growth rate of 59.33%, compared to 7.6% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 68.2% and 55.9% for the next quarter. Revenue growth from the last financial year stood is estimated to be +44.5%.
29 analysts offering their estimates for the company have set an average revenue estimate of $3.28 Billion for the current quarter. 27 have an estimated revenue figure of $3.68 Billion for the next quarter concluding in June 01, 2021. Year-ago sales stood $3.54 Billion and $2.24 Billion respectively for this quarter and the next, and analysts expect sales will grow by -7.6% for the current quarter and 64.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -32.5% over the past 5 years. Earnings growth for 2021 is a modest +43.3% while over the next 5 years, the company’s earnings are expected to increase by 65.5%.
Uber Technologies, Inc. (NYSE:UBER)’s Major holders
Insiders own 1.28% of the company shares, while shares held by institutions stand at 73.96% with a share float percentage of 74.92%. Investors are also buoyed by the number of investors in a company, with Uber Technologies, Inc. having a total of 1352 institutions that hold shares in the company. The top two institutional holders are SB Investment Advisers (UK) LTD with over 222.23 Million shares worth more than $11.33 Billion. As of December 30, 2020, SB Investment Advisers (UK) LTD held 11.94% of shares outstanding.
The other major institutional holder is Morgan Stanley, with the holding of over 122.01 Million shares as of December 30, 2020. The firm’s total holdings are worth over $6.22 Billion and represent 6.56% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of December 30, 2020, the former fund manager holds about 1.73% shares in the company for having 32261763 shares of worth $1.65 Billion while later fund manager owns 19.41 Million shares of worth $989.69 Million as of December 30, 2020, which makes it owner of about 1.04% of company’s outstanding stock.