71 West Capital Partners Invests $3.34 Million in Uber Technologies, Inc. $UBER

71 West Capital Partners bought a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 40,905 shares of the ride-sharing company’s stock, valued at approximately $3,342,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter worth $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $28,000. Gould Capital LLC grew its stake in shares of Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after purchasing an additional 245 shares during the period. Finally, SWAN Capital LLC grew its stake in shares of Uber Technologies by 265.0% during the fourth quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock worth $30,000 after purchasing an additional 265 shares during the period. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Up 5.8%

NYSE:UBER opened at $72.85 on Tuesday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $148.29 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 5.85 and a beta of 1.12. The stock has a 50-day moving average price of $73.44 and a two-hundred day moving average price of $77.04.

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

Wall Street Analyst Weigh In

UBER has been the subject of a number of analyst reports. Tigress Financial lifted their price objective on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. JPMorgan Chase & Co. lifted their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. Piper Sandler lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Get Our Latest Report on Uber Technologies

Key Stories Impacting Uber Technologies

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

Uber Technologies Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.