Uber Technologies Inc (NYSE:UBER) price on current trading day, fall -0.07% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $74.29.
A look at the stock’s price movement, the level at last check in today’s session was $74.35, moving within a range at $72.77 and $74.4629. The beta value (5-Year monthly) was 1.39 while the PE ratio in trailing twelve months stood at 16.21. Turning to its 52-week performance, $87.00 and $54.84 were the 52-week high and 52-week low respectively. Overall, UBER moved -8.57% over the past month.
Uber Technologies Inc’s market cap currently stands at around $155.20 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-04.
Analysts have a consensus estimate of 11.6B for the company’s revenue for the quarter, with a low and high estimate of 11.42B and 11.95B respectively. The average forecast suggests up to a 14.52% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 50.37B, representing a 14.53% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UBER is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
32 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 30 recommend UBER as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
UBER’s current price about 0.62% and 2.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.31, while 7-day volatility ratio is 3.32% and 4.07% in the 30-day chart. Further, Uber Technologies Inc (UBER) has a beta value of 1.36, and an average true range (ATR) of 2.90. Analysts have given the company’s stock an average 52-week price target of $85, forecast between a low of $42 and high of $99. Looking at the price targets, the low is 43.46% off recent price level in today’s trading while to achieve the yearly target high, it has to move -33.26%. Nonetheless, investors will most likely welcome a -14.42% jump to $85 which is the analysts’ median price.
If we refocus on Uber Technologies Inc (NYSE:UBER), historical trading data shows that trading volumes averaged 18.31 over the past 10 days and 23.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.11 billion shares.
The 3.93% of Uber Technologies Inc’s shares are in the hands of company insiders while institutional holders own 79.39% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 56.62 million on 2025-02-28, giving us a short ratio of 1.92. The data shows that as of 2025-02-28 short interest in Uber Technologies Inc (UBER) stood at 280.99999 of shares outstanding, with shares short falling to 59.54 million registered in 2025-01-31. Current price change has pushed the stock 23.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UBER stock continues to rise going into the next quarter.
