$UBER Is Growing Again

$Uber(UBER)$

$Uber Technologies (UBER) +0.65%: Mobility Giant Stabilizes Above $78, Momentum Building Toward $83 Breakout 🚗📈

Latest Close Data: UBER closed at $78.55 (+0.65%) on August 21, 2026, with intraday range of $78.09–$80.15. The stock sits ~23% below its 52-week high of $101.99 and ~20% above its 52-week low of $65.41.

Core Market Drivers: Uber disclosed selling 72M Aurora Innovation shares at $6.55/share, signaling portfolio streamlining. Roth Capital Partners trimmed its PT from $105 to $100 while maintaining a Buy rating. Broader mobility sentiment remains resilient despite Waymo competition concerns, with gross bookings still growing +20% YoY.

Technical Analysis: Volume came in at 17.58M shares (Volume Ratio: 1.15), indicating modestly above-average participation. MACD is decisively bullish — DIF (1.45) well above DEA (0.92), with histogram expanding to +1.07, confirming upward momentum. RSI(6) at 69.7 and RSI(12) at 62.8 show strengthening buying pressure without yet reaching overbought territory. KDJ remains constructive with K at 74.4 and J at 73.8, suggesting the uptrend has room to run.

Key Price Levels:

  • 🟢 Primary Support: $73.04 (Aug 20 pivot low)

  • 🔴 Strong Resistance: $83.51 (Aug 20 swing high)

  • ⚡ Immediate Pivot: $78.50 (pre-market equilibrium)

Valuation Perspective: P/E (TTM) of 17.13 and Forward P/E of 23.34 sit well below the historical average of 56.47, reflecting a meaningful re-rating. P/S (TTM) of 2.90 and P/B of 5.86 indicate reasonable valuation for a scaled platform generating ROE of 37.16%.

Analyst Targets: 46 analysts cover UBER with an average target of $102.20 (range: $72–$150). Ratings skew heavily bullish: 13 Strong Buy, 31 Buy, 7 Hold, and only 1 Underperform — consensus remains firmly constructive.

Weekly Outlook: Expect range-bound consolidation between $76.50–$81.00 as the stock digests recent gains. A decisive break above $80.15 (today's high) opens the path toward $83.51 resistance. Failure to hold $73.04 support would expose the $70 psychological level.

⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Markets involve risk. Always conduct your own research.

🎯 $Uber Technologies (UBER) Options Strategy: Bull Call Spread (Debit Spread)

  • Underlying: UBER

  • View: Cautiously bullish / momentum building toward $83 breakout

  • Strategy Type: Debit spread / directional long with defined risk

  • Option Contract Portfolio:

    • Buy 1x UBER 2026-09-18 $80 Call @ $1.04 (mid)

    • Sell 1x UBER 2026-09-18 $85 Call @ $0.16 (mid)

  • Max Gain & Loss:

    • Max Gain: $412 per spread (width $5.00 − net debit $0.88 = $4.12 × 100)

    • Max Loss: $88 per spread (net debit $0.88 × 100)

  • Initial Cost/Credit: Net Debit of $0.88 per share ($88 per spread)

🐯🪙 Share your choice and reasoning in the comments — thoughtful views may receive Tiger Coins!


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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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