AIA Group Ltd Buys 27,430 Shares of Uber Technologies, Inc. $UBER

AIA Group Ltd increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 16.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,607 shares of the ride-sharing company’s stock after purchasing an additional 27,430 shares during the quarter. AIA Group Ltd’s holdings in Uber Technologies were worth $14,286,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Uber Technologies in the 1st quarter valued at $946,000. ANB Bank raised its holdings in shares of Uber Technologies by 23.0% during the 1st quarter. ANB Bank now owns 7,423 shares of the ride-sharing company’s stock worth $534,000 after buying an additional 1,388 shares in the last quarter. Crescent Grove Advisors LLC lifted its position in shares of Uber Technologies by 32.3% during the 1st quarter. Crescent Grove Advisors LLC now owns 3,764 shares of the ride-sharing company’s stock worth $271,000 after buying an additional 918 shares during the last quarter. Aviance Capital Partners LLC lifted its position in shares of Uber Technologies by 0.6% during the 1st quarter. Aviance Capital Partners LLC now owns 55,486 shares of the ride-sharing company’s stock worth $3,991,000 after buying an additional 335 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in Uber Technologies by 38.7% in the first quarter. California Public Employees Retirement System now owns 5,620,059 shares of the ride-sharing company’s stock valued at $404,251,000 after buying an additional 1,568,224 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Price Performance

Shares of UBER opened at $72.55 on Friday. 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 stock has a market cap of $147.69 billion, a PE ratio of 18.09, a PEG ratio of 6.12 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The business has a 50-day simple moving average of $72.72 and a two-hundred day simple moving average of $75.14.

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 analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies, Inc. will post 3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Wedbush started coverage on shares of Uber Technologies in a research note on Thursday. They issued an “outperform” rating and a $91.00 price target on the stock. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. KeyCorp lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Finally, UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.65.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
• Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
• Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
• Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
• Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

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.