Uber Technologies, Inc. $UBER Shares Sold by Swedbank AB

Swedbank AB lessened its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 21.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 569,054 shares of the ride-sharing company’s stock after selling 156,825 shares during the period. Swedbank AB’s holdings in Uber Technologies were worth $40,932,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stelac Advisory Services LLC grew its holdings in shares of Uber Technologies by 10.4% during the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after purchasing an additional 117 shares during the period. Cadence Bank lifted its position in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after buying an additional 122 shares in the last quarter. Salvus Wealth Management LLC grew its stake in 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 worth $216,000 after buying an additional 123 shares during the period. Avion Wealth increased its position in shares of Uber Technologies by 17.5% in the fourth quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after acquiring an additional 125 shares in the last quarter. Finally, Crewe Advisors LLC raised its stake in shares of Uber Technologies by 6.6% in the 4th 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 during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Down 0.9%

Shares of NYSE UBER opened at $73.67 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current 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’s 50-day simple moving average is $72.99 and its 200-day simple moving average is $75.46. The firm has a market cap of $149.96 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 6.32 and a beta of 1.12.

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

Analysts Set New Price Targets

UBER has been the subject of several recent research reports. Wolfe Research set a $100.00 price target on Uber Technologies in a report on Friday, May 29th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. Wells Fargo & Company decreased their price target on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Monday. TD Cowen initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating on the stock. Finally, Truist Financial lifted their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.18.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Analysts say gross booking strength from Mobility, Delivery, Uber One, and app upgrades could help Uber deliver strong Q2 results, supporting the stock ahead of earnings. Will Gross Booking Strength Give a Boost to Uber’s Results in Q2?
• Positive Sentiment: Wells Fargo reportedly raised its price target to $100, reinforcing bullish Wall Street sentiment on Uber. Uber Technologies Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber continues to receive bullish coverage on the view that it can benefit from the robotaxi rollout without bearing the heavy cost of building autonomous vehicles itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Neutral Sentiment: Waymo’s expansion into four more cities underscores rising competition in autonomous ride-hailing, which could influence how investors value Uber’s long-term mobility strategy. Waymo Widens Lead Over Tesla, Expands Robotaxis To Four New Cities
• Neutral Sentiment: Uber’s recent move to pause most Uber Eats expansion in Europe and focus on a possible Delivery Hero acquisition may improve strategic focus, but it also adds execution and regulatory uncertainty. How Investors Are Reacting To Uber Technologies Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Recent reports note Uber shares have been sliding, suggesting investors are cautious despite the bullish commentary. Uber Technologies Stock Slides as Market Rises: Facts to Know Before You Trade

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.