Assenagon Asset Management S.A. Has $176.65 Million Stake in Uber Technologies, Inc. $UBER

Assenagon Asset Management S.A. lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,455,798 shares of the ride-sharing company’s stock after acquiring an additional 139,074 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Uber Technologies were worth $176,646,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the 4th quarter worth $25,000. Osbon Capital Management LLC bought a new position in Uber Technologies during the 4th quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies in the 4th quarter valued at $27,000. Finally, Ares Financial Consulting LLC acquired a new position in Uber Technologies in the 4th quarter valued at $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Uber Technologies stock opened at $73.67 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $149.97 billion, a PE ratio of 18.37, a P/E/G ratio of 5.92 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The business’s 50-day moving average price is $73.44 and its two-hundred day moving average price is $76.25.

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

Wall Street Analyst Weigh In

UBER has been the topic of several analyst reports. BTIG Research reissued a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Piper Sandler upped their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Finally, Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What’s behind Uber stock’s technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

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.