Delaney Dennis R boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 42.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 30,313 shares of the ride-sharing company’s stock after acquiring an additional 8,965 shares during the period. Delaney Dennis R’s holdings in Uber Technologies were worth $2,477,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Capital Research Global Investors grew its position in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Geode Capital Management LLC grew its position in shares of Uber Technologies by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the period. Norges Bank acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $2,515,094,000. Finally, Northern Trust Corp grew its position in shares of Uber Technologies by 1.5% in the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled three new advertising products that use ride, delivery, and shopping data to help brands reach consumers, giving investors a new potential revenue stream and sparking bullish commentary that the stock could be undervalued. Uber (UBER) Stock Could Be 12.4% Undervalued After Its New Advertising Push
- Positive Sentiment: Multiple articles highlighted Uber’s scale, including strong Uber One membership growth, high trip volume, and its robotaxi ambitions, reinforcing the view that the company has several long-term growth levers. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
- Neutral Sentiment: Uber is drawing heavy attention from traders and research platforms, which can increase volatility, but the “trending stock” coverage itself does not add new fundamental information. Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Neutral Sentiment: Industry chatter around ride-hailing pricing, including reports that Uber and Lyft can charge widely different fares for similar rides, keeps the company in the spotlight but does not clearly change the near-term earnings outlook. The same ride on Uber and Lyft, 29 different prices: What researchers found when they tested the apps
- Negative Sentiment: Competition in grocery delivery is heating up, with Instacart reporting lower basket costs, which could raise questions about pricing pressure across Uber’s delivery ecosystem. Instacart Leads on Price Cuts as Grocery Delivery Competition Heats Up
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the firm posted $0.83 earnings per share. 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 2.95 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently issued reports on UBER shares. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. TD Cowen started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. lifted their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.
Check Out Our Latest Research Report on UBER
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.
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