Uber Technologies Inc. [UBER] fell -16.10% so far this year. What now?

Uber Technologies Inc. [NYSE: UBER] price plunged by -1.61 percent to reach at -$0.7. The company report on July 28, 2021 that Uber Partners with FTD’s ProFlowers to Deliver Florals On-Demand Nationwide.

The exclusive partnership is the first of its kind for national, on-demand floral delivery.

, Uber Technologies, Inc. (NYSE: UBER) announced an exclusive partnership with FTD, LLC, a leader in the floral industry for more than a century, to bring on-demand flower delivery to Uber and Uber Eats customers nationwide. This one-of-a-kind deal marks Uber’s first national floral partnership.

A sum of 36959986 shares traded at recent session while its average daily volume was at 21.16M shares. Uber Technologies Inc. shares reached a high of $43.68 and dropped to a low of $41.62 until finishing in the latest session at $42.79.

The one-year UBER stock forecast points to a potential upside of 37.6. The average equity rating for UBER stock is currently 1.80, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Uber Technologies Inc. [UBER]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UBER shares is $68.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UBER stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Gordon Haskett have made an estimate for Uber Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 02, 2021. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Outperform. The new note on the price target was released on May 27, 2021, representing the official price target for Uber Technologies Inc. stock. Previously, the target price had yet another raise to $77, while Needham analysts kept a Buy rating on UBER stock.

The Average True Range (ATR) for Uber Technologies Inc. is set at 1.49, with the Price to Sales ratio for UBER stock in the period of the last 12 months amounting to 7.84. The Price to Book ratio for the last quarter was 5.85, with the Price to Cash per share for the same quarter was set at 2.94.

UBER Stock Performance Analysis:

Uber Technologies Inc. [UBER] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.61. With this latest performance, UBER shares dropped by -17.25% in over the last four-week period, additionally sinking by -24.21% over the last 6 months – not to mention a rise of 37.19% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UBER stock in for the last two-week period is set at 28.98, with the RSI for the last a single of trading hit 22.49, and the three-weeks RSI is set at 33.56 for Uber Technologies Inc. [UBER]. The present Moving Average for the last 50 days of trading for this stock 48.72, while it was recorded at 44.11 for the last single week of trading, and 51.22 for the last 200 days.

Insight into Uber Technologies Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Uber Technologies Inc. [UBER] shares currently have an operating margin of -38.82 and a Gross Margin at +35.38. Uber Technologies Inc.’s Net Margin is presently recorded at -60.76.

Return on Total Capital for UBER is now -18.40, given the latest momentum, and Return on Invested Capital for the company is -31.40. Return on Equity for this stock declined to -51.16, with Return on Assets sitting at -20.82. When it comes to the capital structure of this company, Uber Technologies Inc. [UBER] has a Total Debt to Total Equity ratio set at 84.58. Additionally, UBER Total Debt to Total Capital is recorded at 45.82, with Total Debt to Total Assets ending up at 31.20. Long-Term Debt to Equity for the company is recorded at 76.18, with the Long-Term Debt to Total Capital now at 41.27.

Reflecting on the efficiency of the workforce at the company, Uber Technologies Inc. [UBER] managed to generate an average of -$296,842 per employee. Receivables Turnover for the company is 7.01 with a Total Asset Turnover recorded at a value of 0.34.Uber Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

UBER Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UBER. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Uber Technologies Inc. go to 65.50%.

Uber Technologies Inc. [UBER] Insider Position Details

There are presently around $60,055 million, or 76.40% of UBER stock, in the hands of institutional investors. The top three institutional holders of UBER stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 184,228,178, which is approximately -17.1% of the company’s market cap and around 0.10% of the total institutional ownership; MORGAN STANLEY, holding 128,831,213 shares of the stock with an approximate value of $5.51 billion in UBER stocks shares; and FMR LLC, currently with $3.8 billion in UBER stock with ownership of nearly 7.923% of the company’s market capitalization.

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Positions in Uber Technologies Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 626 institutional holders increased their position in Uber Technologies Inc. [NYSE:UBER] by around 177,662,314 shares. Additionally, 431 investors decreased positions by around 156,776,754 shares, while 151 investors held positions by with 1,069,049,954 shares. The mentioned changes placed institutional holdings at 1,403,489,022 shares, according to the latest SEC report filing. UBER stock had 166 new institutional investments in for a total of 48,912,539 shares, while 125 institutional investors sold positions of 30,671,679 shares during the same period.

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