Alliance Wealth Advisors LLC UT Takes $975,000 Position in Uber Technologies, Inc. $UBER

Alliance Wealth Advisors LLC UT acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the third quarter, HoldingsChannel reports. The institutional investor acquired 9,956 shares of the ride-sharing company’s stock, valued at approximately $975,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBER. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock worth $18,695,502,000 after purchasing an additional 1,277,322 shares during the period. Geode Capital Management LLC raised its position in shares of Uber Technologies by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock valued at $4,258,756,000 after purchasing an additional 1,168,288 shares during the period. Norges Bank purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Uber Technologies by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after buying an additional 142,933 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Uber Technologies by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock worth $1,167,985,000 after buying an additional 615,692 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

UBER stock opened at $73.76 on Monday. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The firm has a market capitalization of $151.80 billion, a P/E ratio of 15.66, a price-to-earnings-growth ratio of 6.77 and a beta of 1.21. The company has a fifty day simple moving average of $79.79 and a two-hundred day simple moving average of $88.50. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the prior year, the company posted $3.21 earnings per share. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.70% of the stock is owned by insiders.

Analysts Set New Price Targets

UBER has been the topic of several research analyst reports. Roth Mkm set a $105.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Truist Financial set a $108.00 target price on Uber Technologies in a research note on Monday, February 9th. Wolfe Research dropped their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. BNP Paribas Exane assumed coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective for the company. Finally, Benchmark reissued a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.61.

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.