Uber Technologies Inc (NYSE: UBER) is 18.62% higher on its value in year-to-date trading and has touched a low of $54.84 and a high of $87.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UBER stock was last observed hovering at around $69.51 in the last trading session, with the day’s gains setting it 2.04%.
Currently trading at $71.55, the stock is -5.42% and 0.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.52 million and changing 2.93% at the moment leaves the stock 1.04% off its SMA200. UBER registered -8.64% loss for a year compared to 6-month gain of 2.05%. The firm has a 50-day simple moving average (SMA 50) of $71.3748 and a 200-day simple moving average (SMA200) of $70.81515.
The stock witnessed a -9.83% loss in the last 1 month and extending the period to 3 months gives it a 10.14%, and is -6.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.33% over the week and 3.85% over the month.
Uber Technologies Inc (UBER) has around 31100 employees, a market worth around $149.47B and $43.98B in sales. Current P/E ratio is 15.61 and Fwd P/E is 21.02. Profit margin for the company is 22.41%. Distance from 52-week low is 30.47% and -17.76% from its 52-week high. The company has generated returns on investments over the last 12 months (31.26%).
with sales reaching $11.6B over the same period.The EPS is expected to shrink by -45.17% this year, but quarterly earnings will post 14.53% year-over-year. Quarterly sales are estimated to grow 14.52% in year-over-year returns.
Uber Technologies Inc (UBER) Top Institutional Holders
2581.0 institutions hold shares in Uber Technologies Inc (UBER), with institutional investors hold 83.68% of the company’s shares. The shares outstanding are 2.11B, and float is at 2.01B with Short Float at 2.82%. Institutions hold 83.30% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 176.19 million shares valued at $12.81 billion. The investor’s holdings represent 8.4771% of the UBER Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 147.47 million shares valued at $10.72 billion to account for 7.0951 of the shares outstanding. The other top investors are FMR LLC which holds 104.3 million shares representing 5.0182% and valued at over $7.58 billion, while MORGAN STANLEY holds 4.7072 of the shares totaling 97.84 million with a market value of $7.11 billion.
Uber Technologies Inc (UBER) Insider Activity
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Still, SEC filings show that on Mar 13 ’25, DEREK ANTHONY WEST (Officer) Proposed Sale 23,404 shares at an average price of $70.27 for $1.64 million. The insider now directly holds shares of Uber Technologies Inc (UBER).
