Union Bancaire Privee UBP SA decreased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 26.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,171 shares of the ride-sharing company’s stock after selling 8,912 shares during the period. Union Bancaire Privee UBP SA’s holdings in Uber Technologies were worth $1,739,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Beaumont Asset Management L.L.C. increased its position in shares of Uber Technologies by 2.1% during the first quarter. Beaumont Asset Management L.L.C. now owns 10,118 shares of the ride-sharing company’s stock valued at $728,000 after acquiring an additional 206 shares during the last quarter. Lewis Asset Management LLC grew its holdings in shares of Uber Technologies by 3.8% in the first quarter. Lewis Asset Management LLC now owns 19,373 shares of the ride-sharing company’s stock valued at $1,394,000 after purchasing an additional 716 shares in the last quarter. WT Wealth Management increased its stake in Uber Technologies by 13.6% during the 1st quarter. WT Wealth Management now owns 25,238 shares of the ride-sharing company’s stock worth $1,815,000 after buying an additional 3,027 shares during the period. Granite Islands Private Wealth LLC lifted its holdings in Uber Technologies by 15.9% during the 1st quarter. Granite Islands Private Wealth LLC now owns 9,409 shares of the ride-sharing company’s stock worth $677,000 after buying an additional 1,292 shares in the last quarter. Finally, Maridea Wealth Management LLC boosted its position in Uber Technologies by 32.1% in the 1st quarter. Maridea Wealth Management LLC now owns 9,876 shares of the ride-sharing company’s stock valued at $710,000 after buying an additional 2,398 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on UBER. Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 12th. Wolfe Research set a $100.00 price target on Uber Technologies in a report on Friday, May 29th. Tigress Financial lifted their price objective on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. TD Cowen initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. Finally, Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber avoided a costly California ballot fight after Gov. Gavin Newsom signed a deal with trial lawyers, reducing a major legal overhang and limiting the chance of a $50 million campaign battle. Uber Scores Last-Minute Win As Gavin Newsom Signs Deal That Ends $50 Million California Ballot Showdown
- Positive Sentiment: BTIG reaffirmed its buy rating on Uber and raised its price target to $100, signaling confidence in further upside from current levels. Benzinga report on BTIG rating
- Positive Sentiment: Recent coverage highlights Uber’s expanding food-delivery and retail push, including non-food categories that could help broaden transaction volume and support growth beyond rides. UBER Expands Its Food Delivery Business: Is it a Growth Catalyst?
- Neutral Sentiment: Analysts say Uber’s robotaxi strategy could take years to pay off, and Waymo remains dominant in U.S. autonomous ride-hailing, which tempers near-term enthusiasm. Uber’s Robotaxi Vision Could Take Years To Play Out: Analyst
- Neutral Sentiment: Uber enacted stricter driver background checks after reporting by The New York Times, a move that may improve safety optics but also underscores ongoing scrutiny around platform trust and compliance. Uber Enacts Stricter Background Checks for Drivers
- Neutral Sentiment: OpenAI hiring Uber’s India chief is a talent-related headline, but it does not appear to have a direct near-term impact on Uber’s business or stock. OpenAI poaches Uber India chief
- Negative Sentiment: Some coverage is still focused on the long timeline and uncertainty around Uber’s autonomous-vehicle ambitions, which can weigh on sentiment even when core ride and delivery businesses are performing well. Uber’s robotaxi vision could take years to play out: Analyst
Uber Technologies Price Performance
Shares of UBER opened at $76.09 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The stock has a market cap of $154.90 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 6.48 and a beta of 1.12. The firm has a fifty day moving average price of $73.40 and a 200 day moving average price of $76.11.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (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 for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the company posted $0.83 earnings per share. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS 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.
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