Baer Investment Advisory LLC Takes Position in Uber Technologies, Inc. $UBER

Baer Investment Advisory LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,105 shares of the ride-sharing company’s stock, valued at approximately $1,158,000.

Other institutional investors also recently bought and sold shares of the company. World Investment Advisors lifted its holdings in Uber Technologies by 35.1% during the 1st quarter. World Investment Advisors now owns 124,921 shares of the ride-sharing company’s stock worth $8,986,000 after buying an additional 32,431 shares in the last quarter. Argos Wealth Advisors LLC increased its position in shares of Uber Technologies by 3.9% during the first quarter. Argos Wealth Advisors LLC now owns 5,734 shares of the ride-sharing company’s stock worth $412,000 after acquiring an additional 214 shares during the period. Private Advisor Group LLC raised its stake in shares of Uber Technologies by 22.4% in the first quarter. Private Advisor Group LLC now owns 345,385 shares of the ride-sharing company’s stock valued at $24,844,000 after acquiring an additional 63,156 shares in the last quarter. Optas LLC raised its stake in shares of Uber Technologies by 5.4% in the first quarter. Optas LLC now owns 9,917 shares of the ride-sharing company’s stock valued at $713,000 after acquiring an additional 507 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in Uber Technologies by 481.7% in the first quarter. Y Intercept Hong Kong Ltd now owns 199,368 shares of the ride-sharing company’s stock valued at $14,341,000 after purchasing an additional 165,097 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Piper Sandler boosted their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group set a $100.00 price objective on Uber Technologies in a research note on Monday. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Friday, June 26th. Finally, HSBC cut shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.54.

Uber Technologies Trading Down 0.1%

UBER opened at $74.39 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The company has a market cap of $151.42 billion, a P/E ratio of 18.55, a PEG ratio of 6.32 and a beta of 1.12. The business’s 50-day simple moving average is $73.09 and its 200-day simple moving average is $75.64.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.