Uber Technologies, Inc. (UBER)
NYSE: UBER · Real-Time Price · USD
72.48
+4.39 (6.45%)
Sep 13, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Uber Technologies stock have an average target of 86.09, with a low estimate of 51 and a high estimate of 100. The average target predicts an increase of 18.78% from the current stock price of 72.48.
Analyst Consensus: Strong Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $51 | $86.09 | $90 | $100 |
| Change | -29.64% | +18.78% | +24.17% | +37.97% |
Analyst Ratings
The average analyst rating for UBER stock from 34 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 15 | 16 | 15 | 15 | 15 |
| Buy | 19 | 17 | 15 | 16 | 15 | 16 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 34 | 33 | 34 | 33 | 34 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $97 | Buy | Maintains | $97 | +33.83% | Sep 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $88 | Strong Buy | Maintains | $88 | +21.41% | Sep 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $90 | Buy | Initiates | $90 | +24.17% | Sep 5, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $83 → $84 | Strong Buy | Maintains | $83 → $84 | +15.89% | Sep 3, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $88 | Strong Buy | Maintains | $88 | +21.41% | Aug 23, 2024 |
Financial Forecast
Revenue This Year
44.24B
from 37.28B
from 37.28B
Revenue Next Year
51.04B
from 44.24B
Increased by 15.37%
from 44.24B
EPS This Year
1.07
from 0.87
Increased by 22.34%
from 0.87
EPS Next Year
2.27
from 1.07
Increased by 112.34%
from 1.07
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 13.00B | 11.14B | 17.46B | 31.88B | 37.28B | 44.24B | 51.04B | 59.16B | ||
| Revenue Growth | 24.60% | -14.32% | 56.70% | 82.62% | 16.95% | 18.66% | 15.37% | 15.91% | ||
| EPS | -6.81 | -3.86 | -0.28 | -4.65 | 0.87 | 1.07 | 2.27 | 3.19 | ||
| EPS Growth | - | - | - | - | - | 22.34% | 112.34% | 40.64% | ||
| Forward PE | - | - | - | - | - | 67.83 | 31.95 | 22.71 | ||
| No. Analysts | - | - | - | - | - | 47 | 48 | 30 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.1B | 54.8B | 65.4B | ||
| Avg | 44.2B | 51.0B | 59.2B | ||
| Low | 41.0B | 42.6B | 47.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.7% | 23.8% | 28.2% | ||
| Avg | 18.7% | 15.4% | 15.9% | ||
| Low | 10.0% | -3.8% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.79 | 3.10 | 4.86 | |
| Avg | 1.07 | 2.27 | 3.19 | |
| Low | 0.83 | 1.27 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 104.4% | 189.9% | 114.3% | |
| Avg | 22.3% | 112.3% | 40.6% | |
| Low | -4.6% | 19.2% | -22.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
