Lombard Odier Asset Management Switzerland SA Makes New $5.12 Million Investment in Uber Technologies, Inc. $UBER

Lombard Odier Asset Management Switzerland SA bought a new position in Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, HoldingsChannel reports. The fund bought 62,668 shares of the ride-sharing company’s stock, valued at approximately $5,121,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. Mach 1 Financial Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter worth approximately $1,220,000. Teacher Retirement System of Texas lifted its stake in shares of Uber Technologies by 17.6% in the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after acquiring an additional 82,851 shares during the period. Robinhood Asset Management LLC acquired a new stake in shares of Uber Technologies in the 4th quarter worth approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new stake in shares of Uber Technologies in the 4th quarter worth approximately $17,336,000. Institutional investors own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UBER shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday, May 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. TD Cowen started coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued a “hold” rating for the company. Finally, DA Davidson reaffirmed a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Read Our Latest Analysis on Uber Technologies

Uber Technologies Trading Up 0.6%

Shares of NYSE:UBER opened at $73.27 on Wednesday. The stock has a market capitalization of $149.15 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 6.19 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. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average price of $73.47 and a 200 day moving average price of $76.95.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. 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, research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Uber Technologies News Roundup

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

About Uber Technologies

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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