Uber Technologies, Inc. $UBER Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 171,158 shares of the ride-sharing company’s stock after selling 9,643 shares during the period. HB Wealth Management LLC’s holdings in Uber Technologies were worth $12,311,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter worth about $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies in the fourth quarter valued at about $25,000. Osbon Capital Management LLC purchased a new position in Uber Technologies in the fourth quarter valued at about $25,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the 4th quarter valued at approximately $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 0.1%

UBER stock opened at $74.39 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company’s 50 day simple moving average is $73.09 and its 200-day simple moving average is $75.64. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The firm has a market capitalization of $151.42 billion, a PE ratio of 18.55, a P/E/G ratio of 6.32 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data 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. 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 the consensus estimate of $13.28 billion. During the same period in the previous year, the firm posted $0.83 EPS. The company’s quarterly revenue 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. Equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

UBER has been the topic of a number of research reports. Wells Fargo & Company upped their price target on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Friday, June 26th. Weiss Ratings upgraded Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average price target of $104.54.

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.