Goodman Financial Corp Invests $12.67 Million in Uber Technologies, Inc. $UBER

Goodman Financial Corp purchased a new position in Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 176,152 shares of the ride-sharing company’s stock, valued at approximately $12,670,000. Uber Technologies comprises approximately 2.2% of Goodman Financial Corp’s holdings, making the stock its 23rd biggest position.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Capital Research Global Investors increased its stake in shares of Uber Technologies by 2.6% during the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Finally, Northern Trust Corp boosted its position in shares of Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on UBER. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. The Goldman Sachs Group set a $100.00 price objective on Uber Technologies in a research note on Monday, June 29th. Wells Fargo & Company dropped their target price on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a report on Monday, July 6th. Wedbush assumed coverage on Uber Technologies in a research note on Thursday. They issued an “outperform” rating and a $91.00 target price on the stock. Finally, HSBC downgraded Uber Technologies to a “reduce” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $104.65.

Uber Technologies Stock Up 1.8%

Uber Technologies stock opened at $73.96 on Friday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The stock has a fifty day simple moving average of $72.78 and a two-hundred day simple moving average of $75.16. 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 firm has a market cap of $150.55 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 6.18 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the company posted $0.83 earnings per share. The company’s quarterly 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. Equities analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s planned acquisition of Delivery Hero is expected to nearly double its global delivery footprint, strengthen its international food-delivery business, and improve scale, pricing power and margin potential. Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
• Positive Sentiment: Uber Eats is also expanding beyond meals, with new retail delivery partnerships including GameStop, Foot Locker, Kids Foot Locker and Champs Sports, broadening the company’s delivery mix and potential transaction volume. Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $91 price target, signaling confidence that Uber’s core business and new delivery consolidation could support further upside. Benzinga coverage of Wedbush initiation
• Neutral Sentiment: Reports also framed the deal as part of broader sector consolidation, with investors weighing whether the acquisition is a smart capital-allocation move versus the integration and regulatory risk that comes with such a large international transaction. Reuters: Uber launches $14.8 billion takeover bid for Delivery Hero
• Negative Sentiment: Some commentary notes the market may be cautious because the deal is large and expensive, and because investors are watching for dilution, execution risk and regulatory scrutiny before fully rewarding the stock. Barron’s: Uber Makes Biggest-Ever Deal With $15 Billion Acquisition and the Stock Isn’t Budging

Uber Technologies Company 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.