Uber Technologies Inc (NYSE: UBER) is 41.63% 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 $84.28 in the last trading session, with the day’s gains setting it 1.15%.
Currently trading at $85.43, the stock is 13.27% and 14.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.34 million and changing 1.36% at the moment leaves the stock 19.22% off its SMA200. UBER registered 26.02% gain for a year compared to 6-month loss of 7.55%.
The stock witnessed a 22.30% gain in the last 1 month and extending the period to 3 months gives it a 26.96%, and is 9.06% up 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 3.39% over the week and 5.07% over the month.
Uber Technologies Inc (UBER) has around 31100 employees, a market worth around $178.66B and $43.98B in sales. Current P/E ratio is 18.64 and Fwd P/E is 25.24. Profit margin for the company is 22.41%. Distance from 52-week low is 55.78% and -1.80% from its 52-week high. The company has generated returns on investments over the last 12 months (31.26%).
The EPS is expected to shrink by -45.52% this year.
Uber Technologies Inc (UBER) Top Institutional Holders
The shares outstanding are 2.11B, and float is at 2.01B with Short Float at 2.70%.
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 8.4215% 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 7.0486 of the shares outstanding. The other top investors are FMR LLC which holds 104.3 million shares representing 4.9853% and valued at over $7.58 billion, while MORGAN STANLEY holds 4.6763 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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Uber Technologies Inc disclosed in a document filed with the SEC on Mar 20 ’25 that Mahendra-Rajah Prashanth (CFO) sold a total of 2,750 shares of the company’s common stock. The trade occurred on Mar 20 ’25 and was made at $75.00 per share for $0.21 million. Following the transaction, the insider now directly holds 22162.0 shares of the UBER stock.
Still, SEC filings show that on Mar 20 ’25, Mahendra-Rajah Prashanth (Officer) Proposed Sale 2,750 shares at an average price of $75.00 for $0.21 million. The insider now directly holds shares of Uber Technologies Inc (UBER).
