Wells Fargo (NYSE:WFC) analyst Brian Fitzgerald maintained a Buy rating on Uber Technologies (NYSE:UBER) on Monday, setting a price target of $78, which is approximately 96.23% above the present share price of $39.75.
Fitzgerald expects Uber Technologies to post earnings per share (EPS) of $0.61 for the third quarter of 2021.
The current consensus among 25 TipRanks analysts is for a Strong Buy rating of shares in Uber Technologies, with an average price target of $68.52.
The analysts price targets range from a high of $81 to a low of $48.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.93 billion and a net profit of -$1.19 billion. The company's market cap is $74.9 billion.
According to TipRanks.com, Wells Fargo analyst Brian Fitzgerald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.6% and a 72.65% success rate.
Founded in 2009, Uber Technologies, Inc. is a San Francisco, California-based transportation networking company that offers a ride-hailing service. It also has a food order and delivery business called Uber Eats, and a freight transportation business called Uber Freight.