Uber Technologies Inc [UBER] stock is trading at $64.59, up 2.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The UBER shares have gain 4.92% over the last week, with a monthly amount drifted -9.37%, 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.
Uber Technologies Inc [UBER] stock has fluctuated between $54.84 and $87.00 over the past year. 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 $64.59 at the most recent close of the market. An investor can expect a potential return of 32.64% based on the average UBER price forecast.
Analyzing the UBER fundamentals
Uber Technologies Inc [NYSE:UBER] reported sales of 41.95B for the trailing twelve months, which represents a growth 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.8.
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 63.61 points at the first support level, and at 62.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.39, and for the 2nd resistance point, it is at 66.20.
Ratios To Look Out For
For context, Uber Technologies Inc’s Current Ratio is 1.41. On the other hand, the Quick Ratio is 1.41, and the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 9.20 and price to earnings (TTM) ratio is 31.61.
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.
