COFG Advisors LLC Makes New Investment in Uber Technologies, Inc. $UBER

COFG Advisors LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,786 shares of the ride-sharing company’s stock, valued at approximately $963,000.

A number of other hedge funds have also bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $32,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at approximately $28,000. Finally, Blueline Advisors LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at approximately $37,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

UBER stock opened at $73.89 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The business’s fifty day simple moving average is $73.68 and its two-hundred day simple moving average is $78.28. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The firm has a market cap of $150.40 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 5.99 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.81% of the company’s stock.

Wall Street Analysts Forecast Growth

UBER has been the subject of several recent analyst reports. Roth Mkm set a $105.00 price target on Uber Technologies in a research note on Thursday, February 5th. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating for the company. Guggenheim restated a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a research note on Monday, April 27th. Finally, The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $104.68.

Uber Technologies News Summary

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

• Positive Sentiment: Uber announced a new Munich robotaxi program with Autobrains and NVIDIA, a potentially important step toward scaling autonomous ride-hailing in Europe. The project uses NVIDIA DRIVE Hyperion for Level 4-ready autonomy, which investors may view as a meaningful expansion of Uber’s self-driving strategy. Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion
• Positive Sentiment: Uber also increased its ownership in Careem Technologies through a $100 million deal with UAE telecom company e&, strengthening control over a key regional asset and suggesting continued confidence in its Middle East operations. Careem stake sold to Uber for $100m in cash deal
• Positive Sentiment: Coverage highlighting Uber as a favored stock in Jeff Bezos-related portfolios and other bullish stock screens may be adding to investor sentiment, reinforcing the view that large-cap backers still see upside in the company. Uber Technologies (UBER): One of the Elite Jeff Bezos Stocks to Buy
• Neutral Sentiment: Reports that Prosus may increase its stake in Delivery Hero could complicate Uber’s takeover ambitions in that market, but this is more of a strategic overhang than an immediate financial hit. Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover, FT reports
• Negative Sentiment: A separate valuation-focused article noted Uber’s recent pullback over the past month and quarter, reminding investors that the stock has still been under pressure despite the latest positive news flow. A Look At Uber Technologies (UBER) Valuation After Recent Pullback And Türkiye Expansion Moves

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.