Guggenheim has initiated coverage on Uber Technologies Inc (UBER) with a Buy rating, marking the firm's first assessment of the company. This decision underscores Guggenheim's evaluation of Uber's investment merit, informed by research into the business, industry dynamics, and growth prospects.
Uber Technologies, headquartered in San Francisco, California, operates in the Road & Rail industry and employs 31,100 full-time staff. The company, which went public on May 10, 2019, develops technology applications to facilitate movement from point A to point B. Its segments include Mobility, Delivery, and Freight, connecting consumers with drivers and providing various delivery options, including groceries and other goods.
As of October 14, 2025, Uber's stock is priced at $93.60, with a market capitalisation of $189.8 billion. The company has reported a trailing twelve-month price-to-earnings ratio of 11.41 and earnings per share of 7.81. Upcoming earnings are scheduled for August 3, 2026, with estimates of $0.94 per share on revenues of $14.8 billion.
Analyst ratings, such as Guggenheim's, reflect professional opinions based on financial models and research but should be considered alongside other factors, including company fundamentals and market trends. Currently, the consensus among analysts is a Buy, with 16 Strong Buy, 34 Buy, and 12 Hold ratings recorded as of November 1, 2025. Recent earnings performance has shown significant surprises, notably a 345.2% positive surprise in Q3 2025, where EPS reached $3.11 against an estimate of $0.70.
This update provides insight into Uber's market position and the analysts' perspective on its future potential.