Rosenblatt's initiation adds a modest bullish data point to an already crowded consensus. The real story is the strong upward EPS revision momentum and the $1.9B Norges Bank initiation — these are more impactful than a single mid-accuracy firm's coverage start. Traders should watch for continued estimate beats and institutional accumulation as confirmation.
Price Chart
Executive Summary
Rosenblatt initiates coverage on Uber Technologies, Inc (UBER) at Buy with a $100 price target, representing 32.9% upside from the current $75.24. The firm has a 54% accuracy rate on 996 calls and an 8.5% average return, placing it in the middle tier among analysts covering UBER. Consensus is heavily bullish: 49 of 57 analysts rate it Buy/Strong Buy (86%), 7 Hold, and 1 Sell. The mean price target is $101.85, with a median of $103, high of $150, and low of $70. Rosenblatt's $100 target is slightly below the mean but above the low end. EPS revisions are trending higher — 30-day revisions up 21 vs 3 down for the current fiscal year. No insider trades are recorded, but three congressional buys (Ro Khanna, Dan Newhouse) provide a modest bullish signal. Institutional activity is mixed: Norges Bank initiated a $1.9B position, while Van Eck nearly exited and Capital International exited entirely. Short interest is elevated at 61.8% of TRF volume, suggesting potential squeeze risk. The initiation from a mid-accuracy firm adds modest conviction to an already bullish consensus.
Impact Score
Consensus & Targets
Consensus is overwhelmingly bullish: 15 Strong Buy, 34 Buy, 7 Hold, 1 Sell, 0 Strong Sell — 86% Buy/Strong Buy from 57 analysts. The direction is firmly positive, with only one sell-side dissenter. Rosenblatt's Buy aligns with the consensus majority.
Mean price target is $101.85, median $103, high $150, low $70. Current price $75.24 implies 35.4% upside to the mean. Rosenblatt's $100 target is 1.8% below the mean and 2.9% below the median, placing it in the lower half of the bullish range but still well above the low.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-09-01 | Rosenblatt | initiate | Buy | $100.00 |
| 2026-08-25 | Citizens | reiterate | Market Outperform | $100.00 |
| 2026-08-10 | Roth Capital | maintain | Buy | $100.00 |
| 2026-08-10 | Jefferies | maintain | Buy | $110.00 |
| 2026-08-06 | DA Davidson | maintain | Buy | $100.00 |
| 2026-08-06 | Wells Fargo | maintain | Overweight | $89.00 |
| 2026-08-06 | Bernstein | maintain | Outperform | $95.00 |
| 2026-08-06 | Barclays | maintain | Overweight | $106.00 |
| 2026-08-06 | Guggenheim | reiterate | Buy | $125.00 |
| 2026-08-06 | Susquehanna | maintain | Positive | $90.00 |
30-day analyst activity shows 1 upgrade (Rosenblatt's initiation) and 0 downgrades. EPS revision trend is positive: current fiscal year (0y) has 18 revisions up in 7 days and 21 up in 30 days vs only 3 down in 30 days. Next quarter (+1q) shows 9 up in 7 days vs 0 down. Estimates are being revised higher across all periods.
Firm Track Record — Rosenblatt
Rosenblatt accuracy: 54% on 996 calls | avg return: 8.5%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| Piper Sandler | 100% | 5/5 | 12.4% | top tier |
| Wolfe Research | 100% | 2/2 | 9.2% | top tier |
| Goldman Sachs | 100% | 3/3 | 12.8% | top tier |
| Roth MKM | 100% | 2/2 | 6.9% | top tier |
| JP Morgan | 80% | 4/5 | 16.2% | top tier |
| Needham | 80% | 12/15 | 11% | top tier |
| Citigroup | 80% | 4/5 | 7.4% | top tier |
| Keybanc | 75% | 3/4 | 6.3% | top tier |
| TD Cowen | 75% | 3/4 | 12.5% | top tier |
| Evercore ISI Group | 75% | 3/4 | 7.4% | top tier |
Rosenblatt has a 54% accuracy rate on 996 scored calls with an 8.5% average return — middle-tier performance. Top-tier firms covering UBER include Piper Sandler (100% on 5 calls, 12.4% avg return), Goldman Sachs (100% on 3, 12.8%), and JP Morgan (80% on 5, 16.2%). Bottom-tier firms include Morgan Stanley (67% on 3, 0.5%) and Stifel (67% on 3, 2.3%). Rosenblatt's initiation is in-line with consensus but from a firm with average accuracy.
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0q | $0.97 | $0.79 — $1.66 | $14.7B | ↑12 ↓0 |
| +1q | $1.08 | $0.63 — $1.95 | $15.6B | ↑9 ↓0 |
| 0y | $3.29 | $2.43 — $4.91 | $58.0B | ↑18 ↓0 |
| +1y | $4.64 | $3.15 — $6.01 | $66.8B | ↑13 ↓0 |
Cross-Platform Signals
Insider trades: none recorded. Congressional activity: three small buys (Ro Khanna twice, Dan Newhouse once) — modest bullish signal. Institutional changes: mixed — Norges Bank initiated a $1.9B position (bullish), Dimensional Fund Advisors added 34.9% ($568M), but Van Eck nearly exited (-78.5%), American Century trimmed (-32.7%), and Capital International exited entirely. Short interest is 61.8% of TRF volume, elevated and potentially supportive of a squeeze. Overall, cross-platform signals are mixed but lean slightly bullish on the Norges Bank initiation and positive EPS revisions.
Investment Themes
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Insider Cluster | $70.97 $69.42 | ▼ −2.18% | ▼ −4.01% | $67.88 (−4.35%) |
Sep 11, 2026 21d ago | Court Ruling | $71.67 $70.50 | ▼ −1.63% | ▼ −1.41% | $67.88 (−5.29%) |
Sep 10, 2026 21d ago | Insider Cluster | $72.56 $70.87 | ▼ −2.33% | ▼ −1.83% | $67.88 (−6.45%) |
Sep 9, 2026 22d ago | ANALYST-UPGRADE | $71.08 $70.97 | ▼ −0.15% | ▲ +0.50% | $67.88 (−4.50%) |
Sep 1, 2026 4w ago | ANALYST-UPGRADE | $75.24 $71.08 | ▼ −5.53% | ▼ −5.61% | $67.88 (−9.78%) |
Aug 27, 2026 5w ago | Court Ruling | $76.95 $75.96 | ▼ −1.29% | ▼ −1.55% | $67.88 (−11.79%) |
Aug 24, 2026 5w ago | Court Ruling | $79.29 $75.65 | ▼ −4.59% | ▼ −5.06% | $67.88 (−14.39%) |
Aug 24, 2026 5w ago | Court Ruling | $79.29 $75.65 | ▼ −4.59% | ▼ −5.06% | $67.88 (−14.39%) |
Aug 21, 2026 6w ago | Court Ruling | $78.80 $78.82 | ▲ +0.03% | ▼ −0.45% | $67.88 (−13.86%) |
Aug 19, 2026 6w ago | Court Ruling | $78.04 $78.49 | ▲ +0.58% | ▲ +0.96% | $67.88 (−13.02%) |
US Market Status
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