In today’s recent session, 5.42 million shares of the Uber Technologies Inc (NYSE:UBER) have been traded, and its beta is 1.41. Most recently the company’s share price was $78.22, and it changed around -$0.41 or -0.52% from the last close, which brings the market valuation of the company to $164.71B. UBER at last check was trading at a discount to its 52-week high of $87.00, offering almost -11.22% off that amount. The share price’s 52-week low was $54.84, which indicates that the recent value has risen by an impressive 29.89% since then. We note from Uber Technologies Inc’s average daily trading volume that its 10-day average is 41.59 million shares, with the 3-month average coming to 28.11 million.
Uber Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.36. If we narrow it down even further, the data shows that 0 out of 55 analysts rate the stock as a Sell; another 13 rate it as Overweight. Among the rest, 8 recommended UBER as a Hold, whereas 34 deemed it a Buy, and 0 rated it as Underweight. Uber Technologies Inc is expected to report earnings per share of 0.5 for the current quarter.
Uber Technologies Inc (NYSE:UBER) trade information
Instantly UBER has been showing red trend so far today with a performance of -0.52% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 79.20 on recent trading dayincreased the stock’s daily price by 1.24%. The company’s shares are currently up 29.68% year-to-date, but still up 12.14% over the last five days. On the other hand, Uber Technologies Inc (NYSE:UBER) is 18.57% up in the 30-day period. We can see from the shorts that 59.3 million shares have been sold at a short interest cover period of 2.34 day(s).
The consensus price target as assigned by Wall Street analysts is $90, which translates to bulls needing to increase their stock price by 13.09% from its current value. Analyst projections state that UBER is forecast to be at a low of $42 and a high of $99.
Uber Technologies Inc (UBER) estimates and forecasts
The year-over-year growth rate is expected to be 14.36%, up from the previous year.
Consensus estimates provided by 36 financial analysts predict the company will bring in an average of 11.59B in revenue for the current quarter. 36 analysts expect Uber Technologies Inc to make 12.35B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 10.13B and 10.7B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 14.41%. Forecasts for the next quarter put sales growth at 15.43%.
Uber Technologies Inc earnings are expected to increase by -45.14% in 2025, but the outlook is negative -1.83% per year for the next five years.
UBER Dividends
Uber Technologies Inc’s next quarterly earnings report is expected to be released in March.
Uber Technologies Inc (NYSE:UBER)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.18% of Uber Technologies Inc shares, and 84.86% of them are in the hands of institutional investors. The stock currently has a share float of 85.01%. Uber Technologies Inc stock is held by 2412.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.4771% of the shares, which is about 176.19 million shares worth $12.81 billion.
BLACKROCK INC., with 7.0951% or 147.47 million shares worth $10.72 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Growth Fund of America Inc and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 72.99 shares worth $5.71 billion, making up 3.47% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 63.27 shares worth around $4.95 billion, which represents about 3.00% of the total shares outstanding.
