Uber Technologies, Inc. (UBER)
NYSE: UBER · IEX Real-Time Price · USD
67.31
+1.05 (1.58%)
At close: Jul 19, 2024, 4:00 PM
67.70
+0.39 (0.58%)
Pre-market: Jul 22, 2024, 5:39 AM EDT
Uber Technologies Stock Forecast
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Uber Technologies stock have an average target of 83.24, with a low estimate of 51 and a high estimate of 100. The average target predicts an increase of 23.67% from the current stock price of 67.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for UBER stock from 33 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 14 | 16 | 15 | 16 | 16 |
| Buy | 18 | 19 | 19 | 17 | 15 | 15 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 35 | 37 | 34 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy Initiates $90 | Buy | Initiates | $90 | +33.71% | Jul 16, 2024 |
| Needham | Needham | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +33.71% | Jul 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $89 → $91 | Buy | Maintains | $89 → $91 | +35.20% | Jun 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $86 → $88 | Buy | Maintains | $86 → $88 | +30.74% | Jun 25, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $93 → $96 | Strong Buy | Maintains | $93 → $96 | +42.62% | Jun 12, 2024 |
Financial Forecast
Revenue This Year
44.01B
from 37.28B
Increased by 18.04%
Revenue Next Year
50.85B
from 44.01B
Increased by 15.55%
EPS This Year
0.86
from 0.87
Decreased by -0.90%
EPS Next Year
2.15
from 0.86
Increased by 149.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.3B | 54.4B | 63.7B | 71.6B | 80.7B |
| Avg | 44.0B | 50.9B | 58.8B | 65.0B | 73.7B |
| Low | 40.6B | 43.4B | 47.8B | 51.1B | 68.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.1% | 23.5% | 25.2% | 21.7% | 24.1% |
| Avg | 18.0% | 15.5% | 15.7% | 10.6% | 13.3% |
| Low | 8.8% | -1.5% | -6.1% | -13.1% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.90 | 3.26 | 3.95 | 5.66 |
| Avg | 0.86 | 2.15 | 3.05 | 5.50 |
| Low | -0.05 | 0.63 | 1.76 | 5.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 117.8% | 277.5% | 83.7% | 85.4% |
| Avg | -0.9% | 149.3% | 42.0% | 80.1% |
| Low | - | -27.3% | -17.9% | 73.1% |
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.