Notis McConarty Edward Buys 9,715 Shares of Uber Technologies, Inc. $UBER

Notis McConarty Edward increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 49.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 29,400 shares of the ride-sharing company’s stock after purchasing an additional 9,715 shares during the quarter. Notis McConarty Edward’s holdings in Uber Technologies were worth $2,402,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of UBER. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter valued at approximately $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter valued at approximately $27,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at approximately $28,000. Gould Capital LLC increased its position in shares of Uber Technologies by 245.0% during the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 245 shares during the last quarter. Finally, SWAN Capital LLC increased its position in shares of Uber Technologies by 265.0% during the 4th quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. BTIG Research reissued a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Piper Sandler upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. Finally, Wells Fargo & Company upped their price objective on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $104.97.

More Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Uber unveiled three new advertising products that use ride, delivery, and shopping data to help brands reach consumers, giving investors a new potential revenue stream and sparking bullish commentary that the stock could be undervalued. Uber (UBER) Stock Could Be 12.4% Undervalued After Its New Advertising Push
• Positive Sentiment: Multiple articles highlighted Uber’s scale, including strong Uber One membership growth, high trip volume, and its robotaxi ambitions, reinforcing the view that the company has several long-term growth levers. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
• Neutral Sentiment: Uber is drawing heavy attention from traders and research platforms, which can increase volatility, but the “trending stock” coverage itself does not add new fundamental information. Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
• Neutral Sentiment: Industry chatter around ride-hailing pricing, including reports that Uber and Lyft can charge widely different fares for similar rides, keeps the company in the spotlight but does not clearly change the near-term earnings outlook. The same ride on Uber and Lyft, 29 different prices: What researchers found when they tested the apps
• Negative Sentiment: Competition in grocery delivery is heating up, with Instacart reporting lower basket costs, which could raise questions about pricing pressure across Uber’s delivery ecosystem. Instacart Leads on Price Cuts as Grocery Delivery Competition Heats Up

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $73.27 on Wednesday. The stock’s fifty day moving average is $73.47 and its two-hundred day moving average is $76.95. The company has a market capitalization of $149.15 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 6.19 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the company posted $0.83 EPS. Uber Technologies’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.