During the recent session, Uber Technologies Inc (NYSE:UBER)’s traded shares were 3.04 million, with the beta value of the company hitting 1.39. At the last check today, the stock’s price was $68.89, reflecting an intraday gain of 0.86% or $0.59. The 52-week high for the UBER share is $87.00, that puts it down -26.29 from that peak though still a striking 20.39% gain since the share price plummeted to a 52-week low of $54.84. The company’s market capitalization is $145.05B, and the average intraday trading volume over the past 10 days was 23.87 million shares, and the average trade volume was 25.00 million shares over the past three months.
Uber Technologies Inc (UBER) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.35. UBER has a Sell rating from 1 analyst(s) out of 32 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 30 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.46.
Uber Technologies Inc (NYSE:UBER) trade information
Uber Technologies Inc (UBER) registered a 0.86% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.86% in intraday trading to $68.89, hitting a weekly high. The stock’s 5-day price performance is 0.44%, and it has moved by 13.43% in 30 days. Based on these gigs, the overall price performance for the year is 7.10%. The short interest in Uber Technologies Inc (NYSE:UBER) is 52.34 million shares and it means that shorts have 1.75 day(s) to cover.
The consensus price target of analysts on Wall Street is $90, which implies an increase of 23.46% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $42 and $99 respectively. As a result, UBER is trading at a discount of -43.71% off the target high and 39.03% off the low.
Uber Technologies Inc (UBER) estimates and forecasts
Statistics show that Uber Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. Uber Technologies Inc (UBER) shares have gone up 4.15% during the last six months, with a year-to-date growth rate more than the industry average at 113.79% against 20.90. In the rating firms’ projections, revenue will increase 17.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 11.78B as predicted by 40 analyst(s). Meanwhile, a consensus of 30 analyst(s) estimates revenue growth to 11.75B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.94B and 10.13B respectively. In this case, analysts expect current quarter sales to grow by 18.54% and then jump by 15.99% in the coming quarter.
While earnings are projected to return 109.65% in 2025, the next five years will return 40.30% per annum.
UBER Dividends
Uber Technologies Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Uber Technologies Inc (NYSE:UBER)’s Major holders
Uber Technologies Inc insiders own 0.18% of total outstanding shares while institutional holders control 84.47%, with the float percentage being 84.62%. VANGUARD GROUP INC is the largest shareholder of the company, while 2398.0 institutions own stock in it. As of 2024-06-30, the company held over 176.19 million shares (or 8.4771% of all shares), a total value of $12.81 billion in shares.
The next largest institutional holding, with 147.47 million shares, is of BLACKROCK INC.’s that is approximately 7.0951% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.72 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Uber Technologies Inc (UBER) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 63.27 shares. This amounts to just over 3.00 percent of the company’s overall shares, with a $4.35 billion market value. The same data shows that the other fund manager holds slightly less at 55.02, or about 2.61% of the stock, which is worth about $3.78 billion.
