At the time of writing, Uber Technologies Inc [UBER] stock is trading at $63.17, up 4.72%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UBER shares have gain 2.37% over the last week, with a monthly amount drifted -13.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Uber Technologies Inc [NYSE: UBER] stock has seen the most recent analyst activity on January 02, 2025, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Gordon Haskett upgraded its rating to Buy on October 31, 2024. On October 25, 2024, The Benchmark Company initiated with a Hold rating. Daiwa Securities downgraded its rating to a Neutral but stick to its price target of $84 on October 17, 2024. Truist reiterated its recommendation of a Buy and raised its price target to $99 on October 07, 2024. In a note dated September 05, 2024, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $90 on this stock.
For the past year, the stock price of Uber Technologies Inc fluctuated between $54.84 and $87.00. Currently, Wall Street analysts expect the stock to reach $85.67 within the next 12 months. Uber Technologies Inc [NYSE: UBER] shares were valued at $63.17 at the most recent close of the market. An investor can expect a potential return of 35.62% based on the average UBER price forecast.
Analyzing the UBER fundamentals
According to Uber Technologies Inc [NYSE:UBER], the company’s sales were 41.95B for trailing twelve months, which represents an 20.40% jump. 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 61.86 points at the first support level, and at 60.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.94, and for the 2nd resistance point, it is at 64.70.
Ratios To Look Out For
It is important to note that Uber Technologies Inc [NYSE:UBER] has a current ratio of 1.41. Further, the Quick Ratio stands at 1.41, while the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 3.17, the price to book ratio is 8.99 and price to earnings (TTM) ratio is 30.92.
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.
