Goldman Sachs (NYSE:GS) analyst Eric Sheridan maintained a Buy rating on Uber Technologies (NYSE:UBER) on Wednesday, setting a price target of $64, which is approximately 39.86% above the present share price of $45.76.
Sheridan expects Uber Technologies to post earnings per share (EPS) of -$1.28 for the fourth quarter of 2021.
The current consensus among 20 TipRanks analysts is for a Strong Buy rating of shares in Uber Technologies, with an average price target of $69.75.
The analysts price targets range from a high of $82 to a low of $50.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $4.85 billion and a net profit of -$572 million. The company's market cap is $88.78 billion.
According to TipRanks.com, Goldman Sachs analyst Eric Sheridan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.8% and a 74.00% 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.