Hsbc Holdings PLC Acquires 882,642 Shares of Uber Technologies, Inc. $UBER

Hsbc Holdings PLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 24.8% during the fourth quarter, HoldingsChannel reports. The firm owned 4,447,793 shares of the ride-sharing company’s stock after acquiring an additional 882,642 shares during the quarter. Hsbc Holdings PLC’s holdings in Uber Technologies were worth $363,551,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new position in Uber Technologies in the fourth quarter valued at approximately $28,000. Gould Capital LLC lifted its stake in Uber Technologies by 245.0% in 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 in the last quarter. Finally, SWAN Capital LLC lifted its stake in Uber Technologies by 265.0% in the fourth quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 265 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

Uber Technologies Price Performance

Shares of UBER opened at $71.91 on Friday. The stock has a market capitalization of $146.38 billion, a P/E ratio of 17.93, a P/E/G ratio of 6.09 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a 50 day moving average of $73.44 and a 200-day moving average of $76.70. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data 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 business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 earnings per share. The firm’s revenue for the quarter 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 research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UBER has been the subject of several research reports. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research report on Thursday, May 7th. Wells Fargo & Company boosted their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. increased their target price on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Check Out Our Latest Stock Analysis on UBER

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.

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

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