Uber Technologies Inc [UBER] stock prices are up 0.33% to $61.23 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UBER shares have gain 0.08% over the last week, with a monthly amount drifted -11.68%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Uber Technologies Inc [NYSE: UBER] stock has seen the most recent analyst activity on October 31, 2024, when Gordon Haskett upgraded its rating to a Buy. On October 17, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $84 on the stock. Truist reiterated its Buy rating and increased its price target to $99 on October 07, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on September 05, 2024, and assigned it a price target of $90. In a note dated July 22, 2024, Melius initiated an Hold rating and provided a target price of $77 on this stock.
The stock price of Uber Technologies Inc [UBER] has been fluctuating between $54.84 and $87.00 over the past year. Currently, Wall Street analysts expect the stock to reach $85.79 within the next 12 months. Uber Technologies Inc [NYSE: UBER] shares were valued at $61.23 at the most recent close of the market. An investor can expect a potential return of 40.11% based on the average UBER price forecast.
Analyzing the UBER fundamentals
The Uber Technologies Inc [NYSE:UBER] reported sales of 41.95B for trailing twelve months, representing a surge of 20.40%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.36 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.07 points at the first support level, and at 58.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.16, and for the 2nd resistance point, it is at 65.10.
Ratios To Look Out For
It’s worth pointing out that Uber Technologies Inc [NYSE:UBER]’s Current Ratio is 1.41. In addition, the Quick Ratio stands at 1.41 and the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 3.07, the price to book ratio is 8.72 and price to earnings (TTM) ratio is 29.97.
Transactions by insiders
Recent insider trading involved Hazelbaker Jill, that happened on Nov 25 ’24 when 27780.0 shares were sold. Officer, Jill Hazelbaker completed a deal on Nov 07 ’24 to buy 0.11 million shares. Meanwhile, Hazelbaker Jill sold 40000.0 shares on Sep 16 ’24.
