Dimensional Fund Advisors LP Purchases 1,162,405 Shares of Uber Technologies, Inc. $UBER

Dimensional Fund Advisors LP boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 24.9% in the first quarter, Holdings Channel reports. The fund owned 5,834,231 shares of the ride-sharing company’s stock after acquiring an additional 1,162,405 shares during the period. Dimensional Fund Advisors LP’s holdings in Uber Technologies were worth $419,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of UBER. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth about $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies during the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the 3rd quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the 4th quarter valued at approximately $27,000. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s stock is being viewed as attractively valued ahead of a major investor update, which could help support shares if management reinforces its growth outlook. Should You Buy Uber Stock Before the Huge Investor Update?
• Positive Sentiment: Uber continues to expand Uber Eats into retail, adding Foot Locker, Kids Foot Locker, and Champs Sports across more than 1,000 U.S. locations, which broadens the delivery platform beyond restaurant food. Uber Expands Uber Eats Retail Reach With Foot Locker And 1,000 Stores
• Positive Sentiment: Analysts remain constructive after Uber’s $13.7 billion Delivery Hero acquisition, with several still assigning Buy ratings and price targets as high as $125, suggesting confidence in the company’s growth strategy. Uber Stock: Analysts Remain Confident Following $13.7B Delivery Hero Acquisition
• Neutral Sentiment: Uber’s coverage was initiated by Wedbush, adding another Wall Street opinion to the name, though the provided summary does not indicate whether the stance was bullish or bearish. Uber Technologies Research Coverage Started at Wedbush
• Negative Sentiment: Some investors are worried that driverless technology could erode Uber’s competitive advantage over time, which is a key overhang on the stock. Should You Buy Uber Stock Before the Huge Investor Update?

Uber Technologies Price Performance

Uber Technologies stock opened at $72.22 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $147.02 billion, a PE ratio of 18.01 and a beta of 1.12. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The business has a 50 day simple moving average of $72.64 and a 200 day simple moving average of $75.03.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results 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 business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm 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 forecast that Uber Technologies, Inc. will post 3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wolfe Research set a $100.00 price target on Uber Technologies in a research report on Friday, May 29th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, July 14th. Finally, Tigress Financial upped their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.65.

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.