Uber's stock price dips as options trading shows mixed sentiment.

Uber's stock price declined by 84 cents to $90.45. Options trading showed a higher put/call ratio and increased implied volatility. Analysts predict a 10.18% upside to the average target price of $99.74. The GF Value estimate suggests a 14.24% downside to $77.63.

Uber Technologies Inc. (NYSE:UBER) saw its stock price drop by 84 cents to $90.45 on July 2, 2025. This decline was accompanied by a higher put/call ratio and increased implied volatility in options trading. Analysts predict a 10.18% upside to the average target price of $99.74, while the GF Value estimate suggests a 14.24% downside to $77.63 [2].

Analyst Price Targets

Stifel analyst Mark Kelley recently adjusted Uber's price target to $117, up from $110, while maintaining a Buy rating [2]. This upward revision is based on third-party data indicating that Uber's performance may surpass earlier expectations, driven by favorable U.S. administration deal negotiations and delays in tariff implementation.

Market Indicators

Options trading data showed a higher put/call ratio, indicating a higher demand for put options, which are used to hedge against potential losses. This suggests that investors are more cautious about the stock's potential downside risk. Implied volatility, which measures the market's expectation of future price volatility, also increased, indicating heightened uncertainty among traders.

Valuation Metrics

Uber's stock is trading at a P/E ratio of 15.87, a P/B ratio of 8.62, and a P/S ratio of 4.23. These metrics suggest that the stock is trading at a premium compared to its historical valuation ranges. The company's 1-year revenue growth rate is 15.2%, and its 3-year growth rate is 30.5%, indicating robust financial health. However, gross margin has been declining, averaging a decrease of 7.2% per year, which is a significant warning sign for profitability.

Conclusion

While the current stock price of $90.45 is below the average analyst target price of $99.74, the upward revision in price targets and increased demand for put options suggest a potential upside. Investors should closely monitor Uber's earnings report, which is expected to be released during the upcoming second-quarter earnings season.

References

[1] https://simplywall.st/stocks/us/transportation/nyse-uber/uber-technologies/news/is-there-an-opportunity-with-uber-technologies-incs-nyseuber
[2] https://www.gurufocus.com/news/3011574/stifel-analyst-increases-uber-uber-price-target-to-117