Spartan Wealth Advisory Services LLC Acquires Shares of 13,147 Uber Technologies, Inc. $UBER

Spartan Wealth Advisory Services LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,147 shares of the ride-sharing company’s stock, valued at approximately $946,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of UBER. Cadence Bank raised its holdings in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares during the last quarter. Salvus Wealth Management LLC increased its position in shares of Uber Technologies by 4.9% in 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 in the last quarter. Avion Wealth raised its stake in shares of Uber Technologies by 17.5% during the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after buying an additional 125 shares during the last quarter. Crewe Advisors LLC boosted its position 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 worth $170,000 after buying an additional 129 shares in the last quarter. Finally, Archford Capital Strategies LLC boosted its position in shares of Uber Technologies by 1.7% in the 4th quarter. Archford Capital Strategies LLC now owns 7,986 shares of the ride-sharing company’s stock worth $653,000 after buying an additional 133 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

• Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
• Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
• Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
• Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
• Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

Uber Technologies Stock Performance

NYSE:UBER opened at $72.55 on Monday. The firm has a 50 day simple moving average of $72.72 and a 200-day simple moving average of $75.10. 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 firm has a market cap of $147.69 billion, a PE ratio of 18.09 and a beta of 1.12. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results 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 firm had revenue of $13.20 billion for 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 was up 14.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3 EPS for the current year.

Analyst Ratings Changes

UBER has been the subject of several recent research reports. Piper Sandler raised their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. TD Cowen reiterated a “buy” rating and issued a $118.00 price target on shares of Uber Technologies in a research report on Thursday. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Weiss Ratings raised Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.