Uber Technologies Inc (NYSE:UBER) has a beta value of 1.35 and has seen 14.93 million shares traded in the last trading session. The UBER stock price is -18.77% off its 52-week high price of $87.00 and 38.23% above the 52-week low of $45.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 19.4 million shares traded. The 3-month trading volume is 16.44 million shares.
The consensus among analysts is that Uber Technologies Inc (UBER) is Buy stock at the moment, with a recommendation rating of 1.37. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 32 have rated it as a Hold, with 30 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.48.
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Uber Technologies Inc (NYSE:UBER) trade information
Over the past 30 days, the shares of Uber Technologies Inc (NYSE:UBER) have changed -1.39%. Short interest in the company has seen 55.17 million shares shorted with days to cover at 3.57.
Wall Street analysts have a consensus price target for the stock at $80, which means that the shares’ value could jump 8.44% from current levels. The projected low price target is $40.0 while the price target rests at a high of $100.0. In that case, then, we find that the current price level is -36.52% off the targeted high while a plunge would see the stock lose 45.39% from current levels.
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 2.43% over the past 6 months, with this year growth rate of 25.29%, compared to 5.90% for the industry. Revenue growth from the last financial year stood is estimated to be 25.30%.
41 analysts offering their estimates for the company have set an average revenue estimate of 11.73B for the current quarter. 24 have an estimated revenue figure of 11.81B for the next ending quarter. Year-ago sales stood 9.28B and 10.11B respectively for this quarter and the next, and analysts expect sales will grow by 26.30% for the current quarter and 25.30% for the next.
Earnings growth for 2024 is a modest 85.05% while over the next 5 years, the company’s earnings are expected to increase by 41.21%.
UBER Dividends
Uber Technologies Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Uber Technologies Inc (NYSE:UBER)’s Major holders
Insiders own 0.18% of the company shares, while shares held by institutions stand at 83.20% with a share float percentage of 83.36%. Investors are also buoyed by the number of investors in a company, with Uber Technologies Inc having a total of 2357.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 176.19 million shares worth more than $12.81 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.4771% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 147.47 million shares as of 2024-06-30. The firm’s total holdings are worth over $10.72 billion and represent 7.0951% of shares outstanding.
