Uber Technologies (NYSE:UBER) Trading Up 0.7% Following Analyst Upgrade
- Wells Fargo updated its outlook on Uber Technologies after the company reported first-quarter earnings on May 7, 2025.
- This update followed Uber’s quarterly report, which showed earnings per share exceeding estimates but revenue slightly below projections.
- Uber posted $0.83 earnings per share versus a $0.51 forecast and generated $11.5 billion in revenue, growing 14% year over year while falling short of $11.6 billion expected.
- Wells Fargo raised Uber’s price target from $90 to $100, noting the stock closed at $82.81 on Friday, with a potential rise to $126 described as an "explosive share price."
- The firm highlighted strong trends in mobility and delivery segments and suggested competition could improve efficiencies while autonomous vehicle deployment may attract investors.
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10 Articles
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JPMorgan Chase & Co. Boosts Uber Technologies (NYSE:UBER) Price Target to $92.00
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Uber Technologies (NYSE:UBER) Price Target Raised to $110.00 at The Goldman Sachs Group
Uber Technologies (NYSE:UBER – Free Report) had its target price raised by The Goldman Sachs Group from $96.00 to $110.00 in a research report sent to investors on Thursday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the ride-sharing company’s stock. UBER has been the topic of a number of other […]
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