SmartHarvest Portfolios LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,108 shares of the ride-sharing company’s stock, valued at approximately $1,153,000.
Several other hedge funds have also added to or reduced their stakes in UBER. Brighton Jones LLC boosted its position in Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the period. Revolve Wealth Partners LLC raised its holdings in Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC raised its holdings in Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares during the last quarter. Caxton Associates LLP bought a new position in Uber Technologies during the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies during the 2nd quarter worth approximately $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have issued reports on UBER. Citizens Jmp restated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. TD Cowen began coverage on shares of Uber Technologies in a report on Monday, May 11th. They set a “hold” rating for the company. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.68.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Several recent pieces argue Uber is still one of the better stocks to own, pointing to its maturing platform, improving fundamentals, and potential upside from autonomous ride-hailing rather than disruption from it. Article Title
- Positive Sentiment: Uber also announced a major financing partnership with Banco Santander to create a €1 billion platform for European fleet operators, which could help expand supply and support growth in key international markets. Article Title
- Positive Sentiment: Investor sentiment was helped by commentary that Uber’s self-driving investments could strengthen its long-term position, with reports highlighting robotaxi tests in Europe and the company’s commitment to autonomous technology. Article Title
- Neutral Sentiment: Uber reported in a recent market recap that its latest quarter beat EPS expectations but missed on revenue, while guidance for the next quarter was reasonably solid; this keeps the earnings picture mixed but not alarming for investors.
- Negative Sentiment: Uber filed suit against New York City over a new driver-retention rule, arguing it weakens safety controls and harms the platform’s ability to deactivate problematic drivers. The case introduces legal and regulatory uncertainty for the core ride-hailing business. Article Title
Uber Technologies Stock Performance
NYSE:UBER opened at $69.51 on Friday. The company has a fifty day moving average of $73.48 and a 200-day moving average of $77.22. The firm has a market capitalization of $141.49 billion, a P/E ratio of 17.33, a P/E/G ratio of 5.83 and a beta of 1.12. 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.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 EPS. 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.
Insider Buying and Selling at Uber Technologies
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.81% of the stock is owned by corporate insiders.
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.
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