Uber Technologies Inc (NYSE:UBER)’s traded shares stood at 23.41 million during the last session, with the company’s beta value hitting 1.43. At the close of trading, the stock’s price was $90.87, to imply an increase of 1.03% or $0.93 in intraday trading. The UBER share’s 52-week high remains $97.71, putting it -7.53% down since that peak but still an impressive 39.65% since price per share fell to its 52-week low of $54.84.
Analysts have given a consensus recommendation of Buy for Uber Technologies Inc (UBER), translating to a mean rating of 1.49. Of 32 analyst(s) looking at the stock, 1 analyst(s) give UBER a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 30 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.62.
Uber Technologies Inc (NYSE:UBER) trade information
After registering a 1.03% upside in the last session, Uber Technologies Inc (UBER) has traded red over the past five days. The 5-day price performance for the stock is 0.41%, and -0.85% over 30 days. With these gigs, the year-to-date price performance is 34.17%.
The extremes give us $90 and $110 for target low and target high price respectively. As such, UBER has been trading -21.05% off suggested target high and 0.96% from its likely low.
Uber Technologies Inc (UBER) estimates and forecasts
The rating firms project that company’s revenue will grow 15.07% compared to the previous financial year.
Revenue forecast for the current quarter as set by 37 analysts is 12.46B. Meanwhile, for the current quarter, a total of 37 analyst(s) estimate revenue growth to 12.85B.Earnings reports from the last fiscal year show that sales brought in 10.7B and 11.19B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 16.49% before jumping 14.85% in the following quarter.
UBER Dividends
Uber Technologies Inc has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is BLACKROCK INC. with 147.47 million shares, or about 7.0486% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.72 billion.
