139 stories mentioning Uber TechnologiesUpdated 2d ago
Tigress Financial said Uber is evolving from ride-hailing into a diversified 'everything app' with expanding margins across its services.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Uber Technologies (UBER) has an average rating of buy and mean price target of $102.54, according to analysts polled by FactSet.Price: $71.90, Change: $-0.66, Percent Change: -0.91%
Darden Restaurants (DRI) is likely to reiterate its full-year outlook after reporting strong fiscal first-quarter results, despite softening trends at its Olive Garden brand, UBS Securities said in a note e-mailed Friday.The restaurant operator could largely reaffirm its fiscal 2027 guidance when it reports results Sept. 24, with underlying trends seen remaining solid, supported by menu innovation and marketing, according to the brokerage."We expect still-solid (Darden same-store sales) trends and an intact earnings outlook despite select macro pressures," UBS analyst Dennis Geiger said in the note to clients.In June, the company projected full-year earnings from continuing operations at $11.10 to $11.35 a share, sales of $13.60 billion to $13.75 billion and same-restaurant sales growth of 2.5% to 3.5%. The current consensus on FactSet is for non-GAAP EPS of $11.28, sales of $13.69 billion and same-store sales to increase by 3%.For the first quarter, UBS expects Darden to post same-restaurant sales growth of 2.9%, including an increase of 0.5% at Olive Garden and 7.5% at LongHorn Steakhouse. Wall Street is looking for the metric to rise by 3.3% at the company level.Olive Garden faced macro and industry pressures in the quarter, along with "some" headwinds related to the FIFA World Cup and a difficult comparison, Geiger said. "We believe investor sentiment is skewed more negative largely given concerns around pressured (Olive Garden same-store sales) trends."However, the brand is expected to see improvement in the coming quarters and maintain robust underlying multiyear trends, buoyed by factors such as promotions, new menu benefits and continued gains from its partnership with Uber (UBER), according to the note.The brokerage expects price increases in the company's never-ending pasta campaign to support profitability, and sees continued momentum at LongHorn amid consistent execution and menu innovation."Given a solid growth outlook and the strength in casual dining segment valuations, we believe (Darden) shares remain attractive for a quality compounder with above-(average) top-line resiliency in a tough macro and ability to protect margins and grow earnings despite cost inflation," Geiger said.The company's shares were up 0.8% in Friday afternoon trade, bringing its year-to-gains to nearly 14%.Price: $209.03, Change: $+1.50, Percent Change: +0.72%
Uber Technologies (UBER) stock rose 2.8% in Thursday trading after a regulatory filing showed CEO Dara Khosrowshahi bought 141,000 shares for about $10 million.Intraday volume topped 20.3 million shares, compared with the daily average of 19.3 million.Price: $73.05, Change: $+1.97, Percent Change: +2.77%
Dara Khosrowshahi, Director, Chief Executive Officer, on September 10, 2026, executed a purchase for 141,000 shares in Uber Technologies (UBER) for $10,005,952. Following the Form 4 filing with the SEC, Khosrowshahi has control over a total of 1,367,100 common shares of the company, with 1,367,100 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1543151/000118423726000008/xslF345X05/primarydocument.xmlPrice: $72.54, Change: $+1.46, Percent Change: +2.05%
Uber Technologies (UBER) has an average rating of buy and mean price target of $102.54, according to analysts polled by FactSet.
(Updates with more details on the transaction in the headline and second paragraph.)Uber Technologies (UBER) launched its inaugural five-tranche euro bond offering, which is expected to be priced on the same day, Bloomberg News reported Wednesday, citing a person familiar with the matter.The company expects the transaction to raise around 4 billion euros, although the deal could be expanded, according to separate people familiar with the matter.The company is marketing fixed-rate debt with terms ranging between three and 20 years, with initial yield spreads from 75 to 80 basis points over mid-swaps for the shortest-dated tranche to about 200 basis points for the longest, the news outlet quoted the source as saying.Goldman Sachs (GS), Bank of America (BAC), Deutsche Bank (DB), and Morgan Stanley (MS) are lead-managing the debt issuance, among others, Bloomberg News reported.Uber Technologies, Goldman Sachs, Bank of America, Deutsche Bank, and Morgan Stanley did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Uber Technologies (UBER) launched its inaugural five-tranche euro bond offering, which is expected to be priced on the same day, Bloomberg News reported Wednesday, citing a person familiar with the matter.The company is marketing fixed-rate debt with terms ranging between three and 20 years, with initial yield spreads from 75 to 80 basis points over mid-swaps for the shortest-dated tranche to about 200 basis points for the longest, the news outlet quoted the source as saying.Goldman Sachs (GS), Bank of America (BAC), Deutsche Bank (DB), and Morgan Stanley (MS) are lead-managing the debt issuance, among others, Bloomberg News reported.Uber Technologies, Goldman Sachs, Bank of America, Deutsche Bank, and Morgan Stanley did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Uber Technologies (UBER) will benefit from the long-term trend for autonomous vehicles, Wedbush said in a Tuesday note.Wedbush analysts said that the transition to autonomous vehicles will be a "rising tide" for all industry players, including Tesla (TSLA) and Alphabet's (GOOG, GOOGL) Waymo. Uber will play a key role specifically as a significant component of the network and distribution layer, as operators will need a partner to build out their networks, the analysts said.Uber has aggressively entered into partnerships with autonomous vehicle providers to solve the challenge of supply fragmentation, the analysts said. They also said that while investors remain concerned about autonomous vehicles, early indicators currently favor the company, with Uber AV Mobility Trips up 10 times from a year ago and are currently live in eight cities.Further, the company's autonomous vehicles business is not showing signs of taking trips away from human drivers, the analysts noted.The company is on track to be facilitating autonomous vehicle trips in around 15 cities by the end of 2026, and targets to be the largest facilitator of such trips globally by 2029.According to the note, Uber expects to allot more than $10 billion of capital over the next few years as it scales operations through equity investments, infrastructure and vehicle offtake commitments, according to the note.Wedbush's rating on the company's stock is outperform with a price target of $91.Price: $73.59, Change: $-2.17, Percent Change: -2.86%
Andrew Macdonald, President and Chief Operating Officer, on September 04, 2026, executed a purchase for 70,000 shares in Uber Technologies (UBER) for $5,308,064. Following the Form 4 filing with the SEC, Macdonald has control over a total of 426,320 common shares of the company, with 426,320 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1543151/000207176126000011/xslF345X05/primarydocument.xml
Uber Technologies (UBER) scheduled investor meetings on Sept. 7 and 8 for a potential maiden five-part euro bond sale, Bloomberg News reported Monday, citing an unnamed person familiar with the matter.The company engaged Goldman Sachs (GS), BNP Paribas, Bank of America (BAC), Deutsche Bank (DB), and Morgan Stanley (MS) as bookrunners for the proposed transaction, the news outlet quoted the person as saying.The debt offering is slated to include fixed-rate notes for three-, six-, eight-, 12-, and 20-year maturities, Bloomberg News reported, citing the person.Uber, Goldman Sachs, BNP Paribas, Bank of America, Deutsche Bank, and Morgan Stanley did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.1%.In corporate news, Sirius XM (SIRI) shares gained 7.8% after Deutsche Bank upgraded the company's stock to buy from hold and raised its price target to $45 from $31.Amazon (AMZN) Teamsters launched a one-day unfair labor practice strike Wednesday at the company's largest US warehouse facility in Riverside, California, the union said in a release. Amazon shares were up 0.1%.Uber (UBER) is reducing its workforce by about 10% as part of restructuring efforts aimed at removing management layers and reducing "complexity" across the business. Uber shares rose 1.7%.G-III Apparel (GIII) shares fell 11% after it reported lower fiscal Q2 net sales and issued fiscal Q3 outlook below expectations.
(Updates with Uber's comment in the first and second paragraphs, and adds Uganda in the headline.)Uber Technologies (UBER) is ceasing operations in Nigeria and Uganda, effective immediately, following a review, a company spokesperson said in an email toon Wednesday.This decision does not impact Uber's operations across the rest of Africa, the spokesperson added.Multiple media outlets, including Reuters, earlier reported that Uber has shut down operations in Nigeria after 12 years.Price: $76.80, Change: $+1.56, Percent Change: +2.07%
Consumer stocks were higher Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.In corporate news, Uber (UBER) is reducing its workforce by about 10% as part of restructuring efforts aimed at removing management layers and reducing "complexity" across the business. Uber shares rose over 2%.Brown-Forman (BF.A, BF.B) reiterated its guidance for fiscal 2027 organic sales on Wednesday as it flagged continuing consumer headwinds that drove weaker-than-expected Q1 top-line. Its shares rose past 3%.G-III Apparel (GIII) shares fell 9% after it reported lower fiscal Q2 net sales and issued fiscal Q3 outlook below expectations.Chipotle Mexican Grill (CMG) shares rose 2.2% after it said Wednesday it has opened its first restaurant in Asia in Seoul, South Korea, in partnership with Sangmidang.
Consumer stocks were higher Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.In corporate news, Uber (UBER) is reducing its workforce by about 10% as part of restructuring efforts aimed at removing management layers and reducing "complexity" across the business. Uber shares rose 2.2%.
Uber Technologies' (UBER) 10% workforce reduction is expected to generate about $1.75 billion in total run-rate cost savings, with most or all of the savings likely to be reinvested in growth initiatives, Wedbush said in a note Wednesday.The brokerage said the move appears to come from a position of strength rather than weakness, with Uber seeking a leaner organization, fewer management layers and faster investment in growth. It expects the move to support growth while maintaining the company's margin expansion trajectory.Wedbush said the reductions are primarily focused on coordination roles, with employees more than seven layers from the CEO reduced by 20% and micro teams by about 50%.The brokerage also noted Uber has combined its three delivery operations teams into consolidated global, regional and country teams.Wedbush has an outperform rating and a $91 price target on the company's stock.Shares of Uber were up 2.5% in Wednesday afternoon trading.Price: $77.09, Change: $+1.85, Percent Change: +2.46%
Delivery Hero's Management and Supervisory Boards jointly recommended that shareholders accept Uber Technologies' (UBER) takeover offer, according to a company release.The boards said Uber's offer of 41.50 euros ($48.10) per Delivery Hero share is "fair and adequate."The acceptance period is expected to end on Nov. 5, they said.Price: $77.15, Change: $+1.91, Percent Change: +2.54%
Uber Technologies (UBER) will cease operations in Nigeria after 12 years, multiple news outlets reported Wednesday, citing a notice to customers sent by the company.The ride-hailing firm said it decided to wind down its Nigerian business, effective Sept. 2, following a review of its operations, without disclosing further details, Reuters reported.Uber did not immediately respond to a request for comment from.Price: $76.91, Change: $+1.67, Percent Change: +2.22%
Delivery Hero's Board Recommends Shareholders Accept Uber's Takeover Bid
Street Color: Uber to Reportedly Cease Operations in Nigeria
All three major US stock indexes were up in late-morning trading Wednesday, as the recent run-up in Treasury yields eased.In company news, Dell Technologies (DELL) reported fiscal Q2 adjusted earnings late Tuesday of $7.04 per diluted share, up from $2.32 a year earlier and above the FactSet consensus analyst estimate of $4.91. Fiscal Q2 revenue was $46.97 billion, up from $29.8 billion a year ago and above the FactSet consensus of $44.89 billion. For fiscal Q3, the company expects adjusted EPS of $6.50 on revenue of $49 billion. Analysts polled by FactSet expect $4.46 and $41.36 billion, respectively. For the full year, Dell expects adjusted EPS of $25.50 on revenue of $192 billion, up from its previous guidance of adjusted EPS of $17.90 on revenue of $167 billion and above the FactSet consensus of $18.99 and $174 billion, respectively. Dell shares were up 4.9% around midday.Uber Technologies (UBER) is laying off about 10% of its workforce as part of a restructuring plan, Chief Executive Dara Khosrowshahi said Wednesday in an email to employees that was shared on the company website. Uber had about 34,000 employees at the end of 2025, according to a regulatory filing. Uber shares were up 1.4%.Nvidia (NVDA) is in late-stage talks to buy Hugging Face, an artificial intelligence startup, in a deal that may total about $14 billion, Bloomberg reported Wednesday, citing people familiar with the matter. The companies may strike a deal as early as this week that could include a $1 billion retention package for Hugging Face workers, the report said, citing one of the people. Nvidia shares were up 4.1%.Palo Alto Networks (PANW) reported fiscal Q4 adjusted EPS late Tuesday of $1.02, up from $0.95 a year earlier and above the FactSet consensus of $0.98. Fiscal Q4 revenue was $3.41 billion, up from $2.54 billion a year ago and above the FactSet consensus of $3.35 billion. For fiscal Q1, the company expects adjusted EPS of $0.96 to $0.98 on revenue of $3.30 billion to $3.31 billion, above the FactSet consensus of $0.93 and $3.22 billion, respectively. For fiscal 2027, the company expects adjusted EPS of $4.16 to $4.19 on revenue of $14.10 billion to $14.20 billion, above the FactSet consensus of $4.10 and $13.84 billion, respectively. Additionally, Palo Alto Networks said late Tuesday it acquired Console, an AI-native platform that enables agentic capabilities. Financial terms were not disclosed. Palo Alto shares were down 8.1%.Gitlab (GTLB) reported Q2 adjusted EPS late Tuesday of $0.24, unchanged from a year earlier and above the FactSet consensus of $0.18. Second-quarter revenue was $286.3 million, up from $236.0 million a year ago and above the FactSet consensus of $273.1 million. For Q3, Gitlab expects adjusted EPS of $0.19 to $0.20 on revenue of $281 million to $283 million, above the FactSet consensus of $0.18 and $280.9 million, respectively. For fiscal 2027, the company expects adjusted EPS of $0.85 to $0.87 on revenue of $1.129 billion to $1.133 billion, above the FactSet consensus of $0.81 and $1.12 billion, respectively. Gitlab shares were up 17.4%.Price: $445.24, Change: $+20.24, Percent Change: +4.76%
Showing 1-20 of 139
