Arax Advisory Partners trimmed its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 47.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 21,072 shares of the ride-sharing company’s stock after selling 19,122 shares during the period. Arax Advisory Partners’ holdings in Uber Technologies were worth $1,722,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC acquired a new position in Uber Technologies during the third quarter valued at $32,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter valued at $27,000. Ares Financial Consulting LLC acquired a new position in Uber Technologies during the fourth quarter valued at $28,000. Finally, Gould Capital LLC raised its position in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. TD Cowen began coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Recent commentary says Uber’s core business remains strong, citing 3.6 billion trips, 199 million monthly active consumers, and 50 million Uber One members contributing about half of gross bookings. Will Uber Hit $100 This Year?
- Positive Sentiment: Zacks highlighted Uber as one of the stocks to watch in the gig economy, reinforcing the view that its scale and diversification make it a leading play in ride-hailing and delivery. Must-Watch Stocks to Make the Most of the Gig Economy’s Popularity
- Positive Sentiment: Another note argued Uber has an edge versus Grab because of its global scale, diversification, and valuation support, which could help sustain investor confidence. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
- Positive Sentiment: Wall Street sentiment remains supportive, with recent buy/overweight ratings and a median price target well above the current share price, suggesting analysts still see meaningful upside. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
- Neutral Sentiment: One article questioned whether Uber can reach $100 this year, noting the company’s strong operating metrics but also that the stock has lagged recently, underscoring a debate between fundamentals and market sentiment. Will Uber Hit $100 This Year?
- Negative Sentiment: A separate analysis warned that macro volatility is pressuring platform valuations and that Uber’s robotaxi ambitions and broader “platform multiple” thesis may be facing investor skepticism. Forget Uber: As Macro Volatility Cracks Platform Multiples, This Profitable Digital Fortress Is The Better Buy
- Negative Sentiment: Social chatter noted Uber’s shares have fallen year to date, with some investors questioning whether spending on robotaxi technology and other initiatives is weighing on the stock. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
Uber Technologies Stock Performance
Shares of UBER stock opened at $72.85 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The stock’s 50-day moving average is $73.44 and its two-hundred day moving average is $77.04. The firm has a market cap of $148.29 billion, a P/E ratio of 18.17, a PEG ratio of 5.85 and a beta of 1.12.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 2.95 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.
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