Brookstone Capital Management raised its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 157,654 shares of the ride-sharing company’s stock after acquiring an additional 7,455 shares during the quarter. Brookstone Capital Management’s holdings in Uber Technologies were worth $15,445,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of UBER. Pershing Square Capital Management L.P. bought a new position in Uber Technologies during the first quarter worth $2,207,743,000. Norges Bank bought a new stake in Uber Technologies in the second quarter valued at $2,348,319,000. Kingstone Capital Partners Texas LLC raised its holdings in shares of Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after purchasing an additional 19,967,705 shares during the period. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of Uber Technologies by 105.9% in the 2nd quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after buying an additional 2,807,967 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on UBER. Piper Sandler set a $107.00 price target on Uber Technologies in a research note on Wednesday, November 5th. Citigroup restated a “market perform” rating on shares of Uber Technologies in a report on Wednesday, December 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. DA Davidson lifted their price target on shares of Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Mizuho initiated coverage on shares of Uber Technologies in a research note on Monday, September 29th. They set an “outperform” rating and a $130.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $108.43.
Uber Technologies Trading Up 0.2%
NYSE UBER opened at $81.14 on Thursday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The business has a fifty day simple moving average of $89.27 and a 200 day simple moving average of $91.55. Uber Technologies, Inc. has a 12 month low of $60.02 and a 12 month high of $101.99. The firm has a market capitalization of $168.60 billion, a P/E ratio of 10.43 and a beta of 1.19.
Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $2.44. The firm had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business’s revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.20 EPS. On average, analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Analysts and commentators argue Uber’s scale in rideshare and delivery, accelerating user and trip growth, and improving profitability make the stock a buy; these pieces have supported buying interest. 3 Reasons to Buy Uber Stock Like There’s No Tomorrow
- Positive Sentiment: Follow-up coverage emphasizes the same buy case — network effects, rising trips/revenue, and an attractive current valuation relative to earnings power. Should You Invest $1,000 in Uber Right Now?
- Positive Sentiment: Opinion pieces on valuation argue UBER remains “way too cheap” given earnings prospects, reinforcing a growth-at-reasonable-price narrative that can attract value-oriented buyers. Uber: Way Too Cheap
- Positive Sentiment: Market chatter and TV commentary (CNBC Final Trades) noted recent session strength in UBER shares, contributing to intraday buying momentum. Uber, Toast And More On CNBC’s ‘Final Trades’
- Neutral Sentiment: Coverage of the autonomous-vehicle race includes Uber among players making AV bets — a long-horizon catalyst but with execution and capital-intensity risk. 3 Self-Driving Tech Stocks to Ride into 2026 as AV Race Heats Up
- Neutral Sentiment: Comparative pieces and broader market lists mention Uber versus peers; useful context but unlikely to move the stock materially on their own. Contrasting Metalpha Technology (NASDAQ:MATH) and Uber Technologies (NYSE:UBER)
- Negative Sentiment: Berger Montague PC announced an investigation into Uber’s board for potential breaches tied to rider safety and background checks — this raises governance, legal, and reputational risk that could pressure the stock if it leads to litigation or regulatory scrutiny. Berger Montague PC Investigates Uber Technologies, Inc.’s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)
Insider Transactions at Uber Technologies
In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. The trade was a 21.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the sale, the insider directly owned 175,423 shares of the company’s stock, valued at $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 14,875 shares of company stock valued at $1,348,818 over the last ninety days. 3.84% of the stock is currently owned by insiders.
Uber Technologies 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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