Delaney Dennis R Boosts Stake in Uber Technologies, Inc. $UBER

Delaney Dennis R grew its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 42.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,313 shares of the ride-sharing company’s stock after buying an additional 8,965 shares during the period. Delaney Dennis R’s holdings in Uber Technologies were worth $2,477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the third quarter worth $25,000. Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies in the fourth quarter worth $27,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies in the fourth quarter worth $28,000. Gould Capital LLC raised its holdings in shares of Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after buying an additional 245 shares during the last quarter. Finally, SWAN Capital LLC raised its holdings in shares of Uber Technologies by 265.0% in the fourth quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock worth $30,000 after buying an additional 265 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

UBER has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Wells Fargo & Company increased their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Tigress Financial increased their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Read Our Latest Research Report on Uber Technologies

Uber Technologies Stock Up 0.6%

UBER stock opened at $73.27 on Wednesday. The firm has a market cap of $149.15 billion, a PE ratio of 18.27, a P/E/G ratio of 6.19 and a beta of 1.12. 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 firm’s fifty day moving average is $73.47 and its 200 day moving average is $76.95. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion for 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 firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies News Roundup

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

About Uber Technologies

(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 Articles

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.