Arvest Bank Trust Division Purchases Shares of 62,936 Uber Technologies, Inc. $UBER

Arvest Bank Trust Division bought a new position in Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 62,936 shares of the ride-sharing company’s stock, valued at approximately $4,527,000.

A number of other institutional investors have also added to or reduced their stakes in UBER. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies during the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter worth $27,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Performance

NYSE UBER opened at $71.66 on Wednesday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $145.86 billion, a PE ratio of 17.87, a P/E/G ratio of 6.06 and a beta of 1.12. The company’s 50 day simple moving average is $72.55 and its two-hundred day simple moving average is $74.95.

Uber Technologies (NYSE:UBER) last released 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 during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts predict that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Investor attention around Uber has increased, which can help keep the stock active and support sentiment if the market is positioning ahead of a catalyst. Article Title
• Positive Sentiment: Domino’s said third-party delivery partnerships, including Uber Eats, are driving more order growth and bringing in new customers, reinforcing the value of Uber’s delivery platform. Article Title
• Positive Sentiment: Another Domino’s update emphasized strong order growth, digital reach and global expansion, which suggests continuing demand through delivery channels that can benefit Uber Eats volume. Article Title
• Positive Sentiment: A new Uber Eats-related deal involving GameStop suggests Uber’s delivery marketplace is still expanding into additional merchant categories, which could support future revenue growth. Article Title
• Neutral Sentiment: Some articles were mostly commentary or market chatter, including “Should You Buy Uber Stock Before the Huge Investor Update?” and a Zacks screening piece, with no clearly new fundamental development. Article Title Article Title
• Negative Sentiment: Investor concern remains that driverless technology could erode Uber’s competitive advantage over time, which is a key headwind for the stock. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, July 14th. Tigress Financial lifted their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Monday. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Finally, Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.65.

Uber Technologies 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.