Uber

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/15/2024 13.67% Keybanc $79 → $90 Maintains Overweight 02/08/2024 8.61% Barclays $63 → $86 Maintains Overweight 02/08/2024 -4.02% JMP Securities $75 → $76 Maintains Market Outperform 02/08/2024 3.56% BMO Capital $69 → $82 Maintains Outperform 02/08/2024 4.82% Citigroup $75 → $83 Maintains Buy 02/08/2024 7.35% RBC Capital $65 → $85 Maintains Outperform 02/08/2024 4.82% Mizuho $77 → $83 Maintains Buy 02/08/2024 7.35% Susquehanna $60 → $85 Maintains Positive 02/08/2024 -0.23% Roth MKM $72 → $79 Maintains Buy 02/08/2024 6.09% JP Morgan $76 → $84 Maintains Overweight 02/08/2024 13.67% Needham $71 → $90 Maintains Buy 02/07/2024 -10.33% Needham → $71 Reiterates Buy → Buy 02/06/2024 -5.28% JMP Securities $62 → $75 Maintains Market Outperform 02/06/2024 -0.23% Keybanc $70 → $79 Maintains Overweight 01/30/2024 -7.81% B of A Securities $68 → $73 […]

Keybanc analyst Justin Patterson maintains Uber Technologies (NYSE:UBER) with a Overweight and raises the price target from $79 to $90.

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lift our 12-month target $14 to $93 on a P/E of 25.5x our 2025 EPS view of $3.63 (up $1.01; 18x our 2025 FCF view, with 2024’s EPS to $2.22 from $1.95). Uber Technologies, Inc. (NYSE:UBER) hosted its investor day, announcing a $7B share buyback program, indicating confidence in growth prospects. Management expects gross booking three-year CAGR of mid-high teens, driven by MAPCs and trips per user. Adj. EBITDA is projected to grow 30%-40% CAGR, with FCF as a percent of adj. EBITDA exceeding 90%. We are encouraged by UBER’s cross-selling opportunities, with one-third of consumers using both Mobility (+29% in Q4) and Delivery (+19% in Q4). We think UberOne’s 45% delivery gross bookings penetration and new low-cost offerings like Moto and Xshare can drive volume,

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/06/2024 7.59% JMP Securities $62 → $75 Maintains Market Outperform 02/06/2024 13.33% Keybanc $70 → $79 Maintains Overweight 01/30/2024 4.72% B of A Securities $68 → $73 Maintains Buy 01/26/2024 -2.45% Truist Securities $58 → $68 Maintains Buy 01/24/2024 -5.32% Gordon Haskett → $66 Downgrades Buy → Hold 01/22/2024 1.85% Needham $63 → $71 Maintains Buy 01/17/2024 10.46% Mizuho $63 → $77 Maintains Buy 01/16/2024 -9.63% Needham → $63 Reiterates Buy → Buy 01/12/2024 11.89% Goldman Sachs $59 → $78 Maintains Buy 01/11/2024 11.89% Goldman Sachs $59 → $78 Maintains Buy 01/09/2024 -1.02% BMO Capital → $69 Initiates Coverage On → Outperform 12/29/2023 -11.06% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 0.42% Keybanc $61 → $70 Maintains Overweight 12/04/2023 7.59% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -11.06%

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/06/2024 13.67% Keybanc $70 → $79 Maintains Overweight 01/30/2024 5.04% B of A Securities $68 → $73 Maintains Buy 01/26/2024 -2.16% Truist Securities $58 → $68 Maintains Buy 01/24/2024 -5.04% Gordon Haskett → $66 Downgrades Buy → Hold 01/22/2024 2.16% Needham $63 → $71 Maintains Buy 01/17/2024 10.79% Mizuho $63 → $77 Maintains Buy 01/16/2024 -9.35% Needham → $63 Reiterates Buy → Buy 01/12/2024 12.23% Goldman Sachs $59 → $78 Maintains Buy 01/11/2024 12.23% Goldman Sachs $59 → $78 Maintains Buy 01/09/2024 -0.72% BMO Capital → $69 Initiates Coverage On → Outperform 12/29/2023 -10.79% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 0.72% Keybanc $61 → $70 Maintains Overweight 12/04/2023 7.91% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -10.79% JMP Securities → $62 Reiterates Market Outperform → Market Outperform

Uber’s (UBER) pricing remains 10% ahead of rival Lyft (LYFT), moving higher in lockstep with its competitor, indicating there has been no meaningful change in competitive dynamics or market share, RBC Capital Markets said in a note emailed on Monday. The brokerage said Uber’s long-term structural scale advantage remains intact, prompting it to maintain an outperform rating on the stock with a price target of $65. RBC also said the pricing trend along with lower wait times indicates lower driver incentive intensity, which suggests that “demand is healthy and rationally competitive.” “Directionally, we view higher pricing as a reflection of solid industry demand & supportive of ongoing ride growth,” RBC analyst Brad Erickson said. “We view the persistent pricing delta between UBER & LYFT as reinforcing UBER’s structural advantage,” he added.

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 9.1% B of A Securities $68 → $73 Maintains Buy 01/26/2024 1.63% Truist Securities $58 → $68 Maintains Buy 01/24/2024 -1.36% Gordon Haskett → $66 Downgrades Buy → Hold 01/22/2024 6.11% Needham $63 → $71 Maintains Buy 01/17/2024 15.08% Mizuho $63 → $77 Maintains Buy 01/16/2024 -5.84% Needham → $63 Reiterates Buy → Buy 01/12/2024 16.57% Goldman Sachs $59 → $78 Maintains Buy 01/11/2024 16.57% Goldman Sachs $59 → $78 Maintains Buy 01/09/2024 3.12% BMO Capital → $69 Initiates Coverage On → Outperform 12/29/2023 -7.34% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 4.62% Keybanc $61 → $70 Maintains Overweight 12/04/2023 12.09% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -7.34% JMP Securities → $62 Reiterates Market Outperform → Market Outperform 11/30/2023 -5.84% Needham → $63 Reiterates Buy →

B of A Securities analyst Justin Post maintains Uber Technologies (NYSE:UBER) with a Buy and raises the price target from $68 to $73.

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/24/2024 3.69% Gordon Haskett → $66 Downgrades Buy → Hold 01/22/2024 11.55% Needham $63 → $71 Maintains Buy 01/17/2024 20.97% Mizuho $63 → $77 Maintains Buy 01/16/2024 -1.02% Needham → $63 Reiterates Buy → Buy 01/12/2024 22.55% Goldman Sachs $59 → $78 Maintains Buy 01/11/2024 22.55% Goldman Sachs $59 → $78 Maintains Buy 01/09/2024 8.41% BMO Capital → $69 Initiates Coverage On → Outperform 12/29/2023 -2.59% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 9.98% Keybanc $61 → $70 Maintains Overweight 12/04/2023 17.83% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -2.59% JMP Securities → $62 Reiterates Market Outperform → Market Outperform 11/30/2023 -1.02% Needham → $63 Reiterates Buy → Buy 11/30/2023 13.12% Tigress Financial $66 → $72 Maintains Buy 11/13/2023 -2.59% JMP Securities $57 → $62 Maintains Market Outperform

Uber Technologies, Inc. (NYSE:UBER) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/17/2024 22.66% Mizuho $63 → $77 Maintains Buy 01/16/2024 0.36% Needham → $63 Reiterates Buy → Buy 01/12/2024 24.25% Goldman Sachs $59 → $78 Maintains Buy 01/11/2024 24.25% Goldman Sachs $59 → $78 Maintains Buy 01/09/2024 9.92% BMO Capital → $69 Initiates Coverage On → Outperform 12/29/2023 -1.23% Nomura $59 → $62 Downgrades Buy → Neutral 12/19/2023 11.51% Keybanc $61 → $70 Maintains Overweight 12/04/2023 19.47% Oppenheimer $65 → $75 Maintains Outperform 12/01/2023 -1.23% JMP Securities → $62 Reiterates Market Outperform → Market Outperform 11/30/2023 0.36% Needham → $63 Reiterates Buy → Buy 11/30/2023 14.7% Tigress Financial $66 → $72 Maintains Buy 11/13/2023 -1.23% JMP Securities $57 → $62 Maintains Market Outperform 11/08/2023 -1.23% Morgan Stanley $60 → $62 Maintains Overweight 11/08/2023 -1.23% Roth MKM $61 → $62 Maintains Buy

Mizuho analyst James Lee maintains Uber Technologies (NYSE:UBER) with a Buy and raises the price target from $63 to $77.