Uber Technologies, Inc. $UBER Shares Acquired by NFSG Corp

NFSG Corp lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 24.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,572 shares of the ride-sharing company’s stock after purchasing an additional 12,697 shares during the period. NFSG Corp’s holdings in Uber Technologies were worth $4,645,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of UBER. Vanguard Group Inc. increased its holdings in 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 buying an additional 1,670,761 shares during the last quarter. Capital Research Global Investors lifted its holdings in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank acquired a new position in shares of Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp grew its position in shares of Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after acquiring an additional 297,132 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on UBER shares. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. Piper Sandler raised their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Royal Bank Of Canada began coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating for the company. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $104.18.

Uber Technologies Stock Down 2.9%

Shares of Uber Technologies stock opened at $72.12 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The business’s 50 day simple moving average is $72.97 and its 200-day simple moving average is $75.27. The stock has a market capitalization of $146.81 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 6.31 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (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 business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: BTIG reiterated a Buy rating and set a $100 price target, signaling meaningful upside if execution remains solid.
• Positive Sentiment: Commentary highlighted Uber’s improving profitability, including a sharp rise in operating income and continued growth in gross bookings, which supports the view that the platform is becoming a more efficient business.
• Positive Sentiment: Uber continues to broaden its platform beyond ride-hailing and delivery, with new products around travel, hotels, AI tools, and autonomous vehicles that could create additional revenue streams over time.

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.