The firm has a fifty day moving average price of $75.49 and a 200 day moving average price of $71.20. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. But most stock splits, especially in the tech sector, are designed to make shares more affordable for the average investor. Although Uber stock has been on the rise since its first quarterly profit was announced in late 2023, its share prices don’t yet appear out of reach for the average retail investor. When the ridesharing king began offering Uber stock in 2019, its initial public offering (IPO) was expected to be one of the hottest new investments in the stock market, valued at as much as $120 billion. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

uber technologies inc. – UBER

Later that year, Uber purchased Ottomotto, a startup specializing in developing autonomous trucks. The acquisition was valued at $625 million, and the founder of Ottomotto, Anthony Levandowski, was previously accused of stealing trade secrets from his former employer, Waymo, to establish the company. In the same year, Uber also bought Geometric Intelligence, the cornerstone of “Uber AI,” a department dedicated to exploring and researching AI technologies and machine learning.

Uber launches new rides to capitalize on Thanksgiving travel demand

The news got worse from there, with Uber reporting a $5 billion loss and slowest-ever revenue growth only three months later. Major U.S. equities indexes were mixed to open the trading week as markets expect Wednesday’s quarterly earnings report from semiconductor behemoth Nvidia (NVDA). The company has a market cap of $150.81 billion, a price-to-earnings ratio of 36.00, a P/E/G ratio of 0.91 and a beta of 1.34.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. If you’ve decided the pros of investing in the company outweigh the cons, complete the order page, click the “Place Order” button at the bottom, and become an Uber shareholder. However, it’s important to keep in mind that even a disruptive business can be disrupted by factors outside its control. If you want to buy shares of Uber, follow these four steps.

The company issued 180,000,000 shares at $44.00-$50.00 per share. Uber Technologies scored higher than 100% of companies evaluated by MarketBeat, and ranked 3rd out of 644 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Get step-by-step guidance on how to invest in Tesla stock and learn the ins and outs of this electric vehicle company. Do you want to buy all your Uber stock at once, or do you want to purchase shares periodically, with dollar-cost averaging? These are all very good questions for investors to ask — and answer. One of them is a shuttle service that will help the ride share giant capitalize on the summer eaglefx broker overview travel demand. Uber Technologies (UBER) raised $8.5 billion in an IPO on Friday, May 10th 2019.

UBER Analyst Ratings

In Uber’s case, the company needs to keep an eye on variables like gas prices, increasing food costs slowing restaurant traffic, and legal issues, including lawsuits and increased regulatory oversight. Make sure you consider the risks and rewards before you buy Uber stock. If you still need to open a brokerage account, these are some of the best-rated brokers and trading platforms. This step-by-step guide to buying Uber stock uses the five-star-rated platform Fidelity. A New Jersey couple is being denied the ability to sue rideshare company Uber following a life altering accident citing Uber’s terms of service agreement. While Uber Technologies currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

• The firm has a fifty day moving average price of $75.49 and a 200 day moving average price of $71.20.
• It also unveiled a carpooling feature in the San Francisco Bay Area, which soon spread to other cities globally, enabling passengers to share rides and save on fares.
• Uber debuted in San Francisco in 2011, opening its services and mobile app to the public after beta testing in May 2010.
• Roth Mkm upped their price target on Uber Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th.

Founders Capital Management bought a new position in Uber Technologies during the 2nd quarter worth $33,000. Finally, Fairfield Financial Advisors LTD acquired a new stake in shares of Uber Technologies during the second quarter worth $36,000. Institutional investors and hedge funds own 80.24% of the company’s stock. This budget-friendly alternative permitted drivers to use their cars provided they passed background checks and met insurance, registration and vehicle quality standards. UberX expanded to 35 cities python math libraries within a few months, demonstrating its popularity among cost-conscious riders. In August 2014, Uber extended its services by introducing Uber Eats, a food delivery platform.

PonyAI ups the size of its IPO ahead of its U.S. stock-market debut with Uber as a potential investor.

Uber’s mobility segment, generating $6.41 billion in Q3 2024, remains the core of its business, driving impressive share-price gains and robust growth post-Covid. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. After starting trading at $45 per share, Uber stock dropped like a rock to $41.70, suffering the largest first-day loss in U.S. history.

As always, though, remember that past performance doesn’t guarantee future results. H-E-B Grocery is the fifth-largest private company in Trade360 the U.S. Because it’s a private company, it’s off-limits to most investors. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Uber Technologies and its competitors with MarketBeat’s FREE daily newsletter.

GHP Investment Advisors Inc. boosted its holdings in shares of Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock worth $26,000 after acquiring an additional 245 shares during the period. WR Wealth Planners LLC boosted its stake in Uber Technologies by 563.9% in the 2nd quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 344 shares during the period. MCF Advisors LLC grew its holdings in Uber Technologies by 1,038.5% in the 2nd quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock valued at $32,000 after buying an additional 405 shares in the last quarter.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… However, Uber share prices don’t appear to be headed in reverse any time soon. The company is focusing on its bread and butter, is investing in R&D, and has relatively few red lights on its path. Again, investors probably don’t want to bet the farm on an Uber stock split. A number of analysts are bullish on the company’s prospects, given its recent profits and continued growth.