Puzo Michael J Acquires 13,892 Shares of Uber Technologies, Inc. $UBER

Puzo Michael J boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 25.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,577 shares of the ride-sharing company’s stock after purchasing an additional 13,892 shares during the period. Uber Technologies comprises approximately 1.4% of Puzo Michael J’s holdings, making the stock its 28th largest holding. Puzo Michael J’s holdings in Uber Technologies were worth $4,933,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cadence Bank grew its position in shares of Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after buying an additional 122 shares during the last quarter. Salvus Wealth Management LLC increased its stake in shares of Uber Technologies by 4.9% during the fourth quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock valued at $216,000 after buying an additional 123 shares during the period. Avion Wealth raised its holdings in shares of Uber Technologies by 17.5% during the fourth quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock valued at $68,000 after acquiring an additional 125 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of Uber Technologies by 6.6% during the fourth quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock valued at $170,000 after acquiring an additional 129 shares in the last quarter. Finally, Archford Capital Strategies LLC raised its holdings in shares of Uber Technologies by 1.7% during the fourth quarter. Archford Capital Strategies LLC now owns 7,986 shares of the ride-sharing company’s stock valued at $653,000 after acquiring an additional 133 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Down 0.3%

NYSE UBER opened at $72.22 on Tuesday. 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 twelve month low of $67.19 and a twelve month high of $101.99. The firm has a market capitalization of $147.02 billion, a PE ratio of 18.01 and a beta of 1.12. The stock’s 50 day moving average is $72.64 and its 200 day moving average is $75.03.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts forecast that Uber Technologies, Inc. will post 3 earnings per share for the current fiscal year.

Key Stories Impacting Uber Technologies

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?

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd. Wells Fargo & Company dropped their target price on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, July 6th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Finally, KeyCorp reduced their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.65.

Uber Technologies 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.