PeakShares LLC boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 74.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 19,216 shares of the ride-sharing company’s stock after acquiring an additional 8,200 shares during the period. Uber Technologies makes up approximately 1.3% of PeakShares LLC’s portfolio, making the stock its 25th largest position. PeakShares LLC’s holdings in Uber Technologies were worth $1,382,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies during the 4th quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the 4th quarter valued at about $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies in the 1st quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Uber Technologies in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s planned acquisition of Delivery Hero is expected to nearly double its global delivery footprint, strengthen its international food-delivery business, and improve scale, pricing power and margin potential. Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
- Positive Sentiment: Uber Eats is also expanding beyond meals, with new retail delivery partnerships including GameStop, Foot Locker, Kids Foot Locker and Champs Sports, broadening the company’s delivery mix and potential transaction volume. Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
- Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $91 price target, signaling confidence that Uber’s core business and new delivery consolidation could support further upside. Benzinga coverage of Wedbush initiation
- Neutral Sentiment: Reports also framed the deal as part of broader sector consolidation, with investors weighing whether the acquisition is a smart capital-allocation move versus the integration and regulatory risk that comes with such a large international transaction. Reuters: Uber launches $14.8 billion takeover bid for Delivery Hero
- Negative Sentiment: Some commentary notes the market may be cautious because the deal is large and expensive, and because investors are watching for dilution, execution risk and regulatory scrutiny before fully rewarding the stock. Barron’s: Uber Makes Biggest-Ever Deal With $15 Billion Acquisition and the Stock Isn’t Budging
Uber Technologies Trading Up 1.8%
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $13.28 billion. During the same period in the previous year, the business earned $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. On average, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on UBER shares. BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday. DA Davidson restated a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wells Fargo & Company decreased their target price on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a research report on Monday, July 6th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $104.65.
Get Our Latest Research Report on Uber Technologies
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.
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