Uber Technologies, Inc. $UBER Shares Purchased by ABN Amro Investment Solutions

ABN Amro Investment Solutions lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 184.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 551,739 shares of the ride-sharing company’s stock after purchasing an additional 358,031 shares during the quarter. ABN Amro Investment Solutions’ holdings in Uber Technologies were worth $39,687,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of UBER. Norges Bank purchased a new position in Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Marshall Wace LLP lifted its position in shares of Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after buying an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after acquiring an additional 5,293,822 shares during the period. Employees Provident Fund Board acquired a new stake in Uber Technologies in the 4th quarter valued at $265,205,000. Finally, Capital Research Global Investors increased its holdings in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the subject of a number of research analyst reports. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Monday. Piper Sandler lifted their target price 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. The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research note on Monday, June 29th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Finally, Truist Financial raised their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Uber Technologies 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: 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

Uber Technologies Trading Down 0.7%

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

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business 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 company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

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.