Brookstone Capital Management boosted its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,832 shares of the ride-sharing company’s stock after acquiring an additional 8,445 shares during the period. Brookstone Capital Management’s holdings in Uber Technologies were worth $12,576,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of UBER. Evolve Private Wealth LLC grew its holdings in shares of Uber Technologies by 36.9% during the first quarter. Evolve Private Wealth LLC now owns 16,169 shares of the ride-sharing company’s stock valued at $1,163,000 after purchasing an additional 4,356 shares during the last quarter. Fisher Funds Management LTD lifted its holdings in shares of Uber Technologies by 584.2% in the 1st quarter. Fisher Funds Management LTD now owns 788,026 shares of the ride-sharing company’s stock worth $56,683,000 after purchasing an additional 672,858 shares during the last quarter. Sky Investment Group LLC lifted its holdings in shares of Uber Technologies by 25.7% in the 1st quarter. Sky Investment Group LLC now owns 12,825 shares of the ride-sharing company’s stock worth $923,000 after purchasing an additional 2,625 shares during the last quarter. Triad Wealth Partners LLC boosted its position in Uber Technologies by 10.4% during the 1st quarter. Triad Wealth Partners LLC now owns 9,012 shares of the ride-sharing company’s stock valued at $648,000 after purchasing an additional 848 shares during the period. Finally, Fortem Financial Group LLC boosted its position in Uber Technologies by 3.8% during the 1st quarter. Fortem Financial Group LLC now owns 8,818 shares of the ride-sharing company’s stock valued at $634,000 after purchasing an additional 324 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the stock. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a research report on Monday, May 11th. Piper Sandler lifted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research note on Friday, May 29th. Needham & Company LLC restated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Finally, Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
Uber Technologies Stock Down 0.2%
Uber Technologies stock opened at $71.51 on Tuesday. The stock has a market cap of $145.56 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 6.09 and a beta of 1.12. 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 company’s 50-day moving average price is $73.43 and its two-hundred day moving average price is $76.52. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber-backed Lime’s IPO could benefit Uber by boosting the value of its investment stake and reinforcing the company’s position in micromobility. Uber-backed electric bike firm Lime seeks $180.9 million in IPO
- Positive Sentiment: Uber is being highlighted by analysts as a long-term stock with substantial upside potential, which may support investor confidence. 5 Most Promising Long-Term Stocks to Buy According to Analysts
- Neutral Sentiment: Uber was cited among companies calling for faster electrification policies, a potentially supportive but indirect theme for its long-term mobility strategy. Uber, Autodesk, Coca-Cola, Levi Strauss and Others Call for Governments to Accelerate Electrification
- Negative Sentiment: Shareholders sued Uber’s board over alleged compliance and safety failures, adding legal overhang and renewed scrutiny of the company’s governance and risk controls. Market Chatter: Uber Board Sued by Shareholders Over Alleged Compliance Failures
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.
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