Uber Technologies, Inc. $UBER Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 16.2% in the first quarter, HoldingsChannel reports. The firm owned 1,086,224 shares of the ride-sharing company’s stock after acquiring an additional 151,288 shares during the period. Quantinno Capital Management LP’s holdings in Uber Technologies were worth $78,132,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Osbon Capital Management LLC purchased a new position in Uber Technologies during the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies in the fourth quarter worth $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies in the first quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies in the third quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter valued at $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Uber Technologies News

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

• Positive Sentiment: AI and automation investment: Uber committed $100 million to Atoms, the robotics and automation company founded by former CEO Travis Kalanick. The investment could strengthen Uber’s access to industrial AI and automation capabilities across mobility and logistics. Uber Backs Travis Kalanick’s Atoms With $100 Million
• Positive Sentiment: Uber Freight expands its AI focus: Uber Freight hired a logistics technology veteran as it increases investment in artificial intelligence, potentially improving efficiency and competitiveness in its freight business. Uber Freight Elevates AI Ambitions
• Positive Sentiment: Q2 expectations remain solid: Bank of America maintained its Buy rating and expects Uber’s second-quarter results to meet or modestly exceed consensus, forecasting gross bookings of $57.3 billion and adjusted EBITDA of $2.77 billion. Investors are also watching management’s autonomous-vehicle outlook. Uber Autonomous Vehicle Outlook in Focus for Q2 Earnings
• Positive Sentiment: Demand supports pricing: An Obi analysis found that rideshare prices, particularly for Uber, rose significantly across World Cup host cities on match days, highlighting the potential for event-driven demand and higher marketplace revenue. World Cup Match Days Sent Rideshare Prices Surging

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $70.71 on Wednesday. The company has a market cap of $143.94 billion, a P/E ratio of 17.63, a P/E/G ratio of 5.73 and a beta of 1.12. 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, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The business has a fifty day simple moving average of $71.96 and a 200-day simple moving average of $74.44.

Uber Technologies (NYSE:UBER) last released its 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. 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 analyst estimates of $13.28 billion. During the same period in the prior year, the firm posted $0.83 earnings per share. The business’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 research analysts forecast that Uber Technologies, Inc. will post 2.98 EPS for the current year.

Analyst Ratings Changes

UBER has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. KeyCorp decreased their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Wells Fargo & Company lowered their price target on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, July 6th. Finally, Wedbush initiated coverage on shares of Uber Technologies in a research report on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.60.

About Uber Technologies

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.