Fifth Third Wealth Advisors LLC Raises Stock Position in Uber Technologies, Inc. $UBER

Fifth Third Wealth Advisors LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 15.3% during the first quarter, HoldingsChannel.com reports. The fund owned 71,281 shares of the ride-sharing company’s stock after acquiring an additional 9,448 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Uber Technologies were worth $5,127,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies in the third quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the fourth quarter valued at $25,000. Osbon Capital Management LLC purchased a new position in Uber Technologies during the fourth quarter worth about $25,000. Imprint Wealth LLC bought a new position in Uber Technologies in the 3rd quarter worth about $32,000. Finally, Lloyd Advisory Services LLC. bought a new position in Uber Technologies in the 4th quarter worth about $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research report on Monday, May 11th. Weiss Ratings downgraded shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 12th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. Finally, Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. One investment 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 given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What’s behind Uber stock’s technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $73.67 on Thursday. 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. The stock has a market cap of $149.97 billion, a PE ratio of 18.37, a PEG ratio of 5.92 and a beta of 1.12. The company’s fifty day moving average is $73.44 and its 200 day moving average is $76.25.

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

About Uber Technologies

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.