Uber Technologies Inc (NYSE:UBER) shares, rose in value, with the stock price down by -1.86% to the previous day’s close as strong demand from buyers drove the stock to $73.47.
Actively observing the price movement in the recent trading, the stock is buoying the session at $74.86, falling within a range of $72.8593 and $74.92. The value of beta (5-year monthly) is 1.39 whereas the PE ratio is 16.03 over 12-month period. Referring to stock’s 52-week performance, its high was $87.00, and the low was $54.84. On the whole, UBER has fluctuated by -1.00% over the past month.
With the market capitalization of Uber Technologies Inc currently standing at about $153.64 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 50.37B, with a low estimate of 11.42B and a high estimate of 11.95B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 11.6B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UBER’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of UBER currently trading nearly -0.41% and 0.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.73, while the 7-day volatility ratio is showing 3.13% which for the 30-day chart, stands at 3.96%. Furthermore, Uber Technologies Inc (UBER)’s beta value is 1.37, and its average true range (ATR) is 2.69.
A comparison of Uber Technologies Inc (UBER) with its peers suggests the former has fared considerably weaker in the market. UBER showed an intraday change of -1.86% in today’s session so far, and over the past year, it shrunk by -5.70%%.
Data on historical trading for Uber Technologies Inc (NYSE:UBER) indicates that the trading volumes over the past 10 days have averaged 16.76 and over the past 3 months, they’ve averaged 24.10 million. According to company’s latest data on outstanding shares, there are 2.11 billion shares outstanding.
Nearly 3.92% of Uber Technologies Inc’s shares belong to company insiders and institutional investors own 79.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 57.08 million shares as on 2025-03-14, resulting in a short ratio of 3.13. According to the data, the short interest in Uber Technologies Inc (UBER) stood at 283.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 62.22 million. The stock has risen by 21.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UBER stock heading into the next quarter.
