--- title: "Weekly Recap | Uber Tech -5.4%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298795571.md" description: "Uber (UBER) fell 5.4% this week to close at $71.67, while the S&P 500 slipped 0.8%, leaving the stock about 4.6 percentage points behind the benchmark. With only four trading days, the weekly candle showed a long lower shadow. Tuesday (Sep 8) opened at $75.615 and drifted lower through the week, hitting $69.24 on Thursday before rebounding to $72.56, then easing back to $71.67 on Friday. Weekly amplitude came to 8.43%, and the close sat well below the 20-day moving average of $76.119." datetime: "2026-09-12T06:56:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298795571.md) - [en](https://longbridge.com/en/news/298795571.md) - [zh-HK](https://longbridge.com/zh-HK/news/298795571.md) generator: "portal-rs" --- # Weekly Recap | Uber Tech -5.4%, consensus target above spot ## The Week Uber (UBER) fell 5.4% this week to close at $71.67, while the S&P 500 slipped 0.8%, leaving the stock about 4.6 percentage points behind the benchmark. With only four trading days, the weekly candle showed a long lower shadow. Tuesday (Sep 8) opened at $75.615 and drifted lower through the week, hitting $69.24 on Thursday before rebounding to $72.56, then easing back to $71.67 on Friday. Weekly amplitude came to 8.43%, and the close sat well below the 20-day moving average of $76.119. ## Key Events Autonomous driving and insider buying dominated the week’s story. On Tuesday Uber filed a 424B3 linked to its euro bond plans, and media reports said the company was seeking €4.5 billion from its debut euro bond sale. On Wednesday Uber Eats announced a partnership with Wakefern to add more than 375 supermarkets to its platform, and separately confirmed a $10 million investment in Indian fleet operator Carrum at a $168 million valuation. A day later WeRide, Uber and AVOMO received Spain’s first national operating permit for L4 autonomous passenger vehicles, and an insider spent $5.3 million buying more shares. On Friday CEO Dara Khosrowshahi bought $10 million of Uber common stock, said layoffs could lead to lower ride prices, and revealed Uber One membership has passed 50 million. In late Friday trading the stock was also reported down 1.3% following an analyst downgrade. ## Analyst Ratings Across 52 institutions covering Uber, 33 rate it buy, 9 rate it over, 8 rate it hold, 1 rates it sell and 1 has no opinion, with none rating it under. The consensus recommendation is buy, and the consensus target price is $101.21489, about 41.2% above the latest price. Individual targets range from $70 to $150, a wide spread. Within the road-passenger industry, Uber ranks first among 9 names. ## The Week Ahead Next week brings a heavy macro calendar. US retail sales and retail sales excluding autos land on Wednesday (Sep 16), with rate-hike odds already above 70% ahead of the print; the NAHB housing market index and EIA weekly crude inventories follow the same day. On the autonomous-driving front, Spain’s permit clears a path, so progress on fleet testing with WeRide and Pony.ai could add more catalysts. ## In Short Uber’s pullback this week arrived alongside autonomous-driving progress and insider buying. The rating backdrop remains positive, with a consensus target about 41.2% above spot, but the $70 to $150 target range shows wide disagreement. Valuation sits at 15.28x P/E and 5.36x P/B, with turnover of 1.24% on the latest session and both large and retail money on the net sell side. The next test is whether next week’s retail data adds macro pressure, and whether the autonomous-driving partnerships and euro bond issuance keep the stock supported. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [UBER.US](https://longbridge.com/en/quote/UBER.US.md) - [UBRL.US](https://longbridge.com/en/quote/UBRL.US.md) - [UBEW.US](https://longbridge.com/en/quote/UBEW.US.md) ## Related News & Research - [LION E-Mobility unit wins three German battery storage projects totaling 30 MWh](https://longbridge.com/en/news/301233324.md) - [Tom Lee Predicts 'Largest Crypto Bull Market Ever' but ETH Craters 5%](https://longbridge.com/en/news/301303745.md) - [Micron Stock Price Forecast: Unlikely to Break Record High of $1,255 in Short Term Amid Taiwan Strike Risk](https://longbridge.com/en/news/301253443.md) - [Kuaishou’s Kling AI reportedly picks banks for Hong Kong IPO targeting at least $1 billion](https://longbridge.com/en/news/301221615.md) - [PepsiCo Is Handing Market Share to Coca-Cola, Analyst Warns](https://longbridge.com/en/news/301308211.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**