Uber Technologies Inc (UBER) Stock Forecast & Predictions

Uber Technologies Inc UBER: $56.28

1455 Market St Fl 4, San Francisco, California, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.uber.com

  • Market Cap$103.78B
  • Change (52 Weeks)97.49%
  • Low (52 Weeks)$26.58
  • Uber Technologies Inc (UBER) Forecast Based on Technical Analysis


    Neutral
    Based on 15 Technical Indicators where 20.00% are on Buy, 26.67% on Sell, and 53.33% Neutral.

    According to the market data, Uber Technologies Inc (UBER) stock price is $56.28 and the 52 weeks low is $26.58, which means the Uber Technologies Inc stock price is up 97.49% in the last 12 months.

    Uber Technologies Inc (UBER) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 15 technical indicators, 20.00% are indicating that UBER Stock price might rise further, 26.67% indicating that UBER Stock price might fall, and 53.33% are in a neutral position.

    Based on these technical algorithms, overall UBER stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Uber Technologies Inc (UBER) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Uber Technologies Inc (UBER) is based on 46 Institutional Analyst Ratings where 50.00% are on Strong Buy, 34.78% on Moderate Buy, 10.87% remains on Hold, 0.00% are on Moderate Sell and 4.35% are on Strong Sell.

    Out of 46 Institutional Analysts, majority recommended UBER stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Uber Technologies Inc.

    Uber Technologies Inc (UBER) Stock Price Prediction By Analysts


    HighLowAverage
    $86.10$30.30$71.20
    $71.2026.51% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for UBER set by the institutional analysts is $71.20 where High Estimate is $86.10, Median $75.48 and Low $30.30.

    The average price target for UBER by Institutional Analysts is $71.20, which is 26.51% Upside from the current price. So according to the Institutional Analysts, UBER Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Uber Technologies Inc (UBER) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with UBER stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about UBER and holding their positions hoping for a further rise in the stock price and more profit.

    Uber Technologies Inc (UBER) Stock Forecast Based on News Sentiment


    Bullish
    Based on 46 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about UBER, it shows that Uber Technologies Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that UBER stock price may surge in the next few weeks.

    Uber Technologies Inc (UBER) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    NomuraBuyInitiated
    JefferiesBuyInitiated
    Vertical ResearchBuyInitiated
    Morgan StanleyOverweightMaintained
    Daiwa CapitalBuyUpgraded
    Deutsche BankBuyMaintained
    WedbushOutperformMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    KeyBancOverweightMaintained
    Canaccord GenuityBuyMaintained
    BTIGBuyMaintained
    KeyBancOverweightMaintained
    StifelBuyMaintained
    Wells FargoOverweightMaintained
    JP MorganOverweightMaintained
    Morgan StanleyOverweightMaintained
    BTIGBuyMaintained
    KeyBancOverweightMaintained
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    WedbushOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Canaccord GenuityBuyMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    CitigroupBuyMaintained
    Daiwa CapitalOutperformUpgraded
    WedbushOutperformMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesMarket PerformReiterated
    JMP SecuritiesMarket OutperformMaintained
    BTIGBuyInitiated
    Wolfe ResearchOutperformUpgraded
    WedbushOutperformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    StifelBuyMaintained
    RBC CapitalOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersBuyMaintained
    JP MorganOverweightMaintained
    DA DavidsonBuyUpgraded
    CFRABuyUpgraded
    B of A SecuritiesBuyReiterated
    Raymond JamesOutperformMaintained
    UBSBuyMaintained
    B of A SecuritiesBuyReiterated
    Morgan StanleyOverweightMaintained
    Wells FargoOverweightUpgraded
    KeyBancOverweightMaintained
    Deutsche BankBuyMaintained
    JP MorganOverweightMaintained
    NeedhamBuyMaintained
    KeyBancOverweightInitiated
    Morgan StanleyOverweightMaintained
    WedbushOutperformMaintained
    StifelBuyMaintained
    RBC CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersBuyUpgraded
    MizuhoBuyMaintained
    DA DavidsonNeutralMaintained
    CFRABuyMaintained
    Canaccord GenuityBuyMaintained
    Morgan StanleyOverweightMaintained
    WedbushOutperformMaintained
    JP MorganOverweightInitiated
    UBSBuyInitiated
    GuggenheimBuyMaintained
    BernsteinOutperformInitiated
    CitigroupBuyMaintained
    PiperJaffrayNeutralInitiated
    StifelBuyUpgraded
    Argus ResearchBuyUpgraded
    WedbushOutperformMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    DA DavidsonNeutralMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Guggenheim SecuritiesBuyInitiated
    NeedhamBuyMaintained
    CitigroupBuyUpgraded
    MKM PartnersNeutralInitiated
    Wells FargoMarket PerformInitiated
    HSBCBuyUpgraded
    Morgan StanleyOverweightMaintained
    Argus ResearchHoldInitiated
    JMP SecuritiesMarket OutperformReiterated
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    HSBCHoldInitiated
    Stifel NicolausHoldInitiated
    Evercore ISI GroupOutperformInitiated
    Raymond JamesOutperformInitiated
    William BlairOutperformInitiated
    SunTrust Robinson HumphreyBuyInitiated
    RBC CapitalOutperformInitiated
    OppenheimerOutperformInitiated
    NeedhamBuyInitiated
    Morgan StanleyOverweightInitiated
    MizuhoBuyInitiated
    JMP SecuritiesMarket OutperformInitiated
    Deutsche BankBuyInitiated
    Cowen & Co.OutperformInitiated
    CitiNeutralInitiated
    Canaccord GenuityBuyInitiated
    BTIGBuyInitiated
    BarclaysOverweightInitiated
    Bank of AmericaBuyInitiated
    Atlantic EquitiesOverweightUpgraded
    New Street ResearchBuyInitiated
    SusquehannaNeutralInitiated
    Consumer Edge ResearchEqual-WeightInitiated
    Atlantic EquitiesNeutralInitiated
    WedbushOutperformInitiated
    DA DavidsonNeutralInitiated

    Uber Technologies Inc (UBER) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.446
    The average consensus EPS for UBER is $-0.446 with a high estimate of $-0.273 and Low of $-0.627 for the period 2021-06-30 and based on 35 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.62$-0.66211262020-09-30


    The latest average Earning Per Share Estimate for Uber Technologies Inc is $-0.45, which is higher than UBER's last EPS, $-0.62. This means that Analysts are expecting Uber Technologies Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Uber Technologies Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.62$-0.66211262020-09-30
    $-0.8$-0.88094342020-06-30
    $-0.64$-0.8954582020-03-31
    $-0.64$-0.68878562019-12-31
    $-0.68$-0.84242820000000012019-09-30
    $-4.77$-3.25692122019-06-30
    $-2.23$-2.30519999999999972019-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).