MGO One Seven LLC lowered its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 23.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 39,070 shares of the ride-sharing company’s stock after selling 11,739 shares during the period. MGO One Seven LLC’s holdings in Uber Technologies were worth $3,192,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Imprint Wealth LLC bought a new stake in Uber Technologies in the 3rd quarter valued at $32,000. Ares Financial Consulting LLC bought a new stake in Uber Technologies in the 4th quarter valued at $28,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Uber Technologies during the 3rd quarter valued at $34,000. Finally, Financial Network Wealth Advisors LLC lifted its holdings in Uber Technologies by 116.7% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 455 shares of the ride-sharing company’s stock valued at $45,000 after purchasing an additional 245 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research note on Thursday, February 5th. Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. BNP Paribas Exane began coverage on shares of Uber Technologies in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price target on the stock. Finally, Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $105.40.
Insider Activity at Uber Technologies
In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The SEC filing for this sale provides additional information. 3.81% of the stock is currently owned by company insiders.
Uber Technologies Trading Down 1.6%
Shares of Uber Technologies stock opened at $75.50 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.07. The firm has a 50-day moving average of $74.17 and a 200-day moving average of $80.81. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The stock has a market cap of $153.69 billion, a PE ratio of 18.83, a PEG ratio of 5.78 and a beta of 1.16.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly 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 business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the firm earned $0.83 earnings per share. Uber Technologies’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, sell-side analysts forecast that Uber Technologies, Inc. will post 3.28 EPS for the current year.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber beat Q1 earnings expectations and issued a stronger-than-expected Q2 bookings outlook, suggesting continued demand in rideshare, delivery, and freight. Uber Jumps 7.6% After Stronger-Than-Expected Bookings Forecast
- Positive Sentiment: Uber Eats expanded its retail reach by adding more than 1,500 Ulta Beauty stores, which could boost same-day delivery volume and support growth beyond restaurant delivery. Uber Eats and Ulta Beauty Team Up to Deliver Beauty Essentials Nationwide
- Positive Sentiment: Uber One surpassed 50 million members, and those members now drive a large share of gross bookings, reinforcing the value of Uber’s subscription and loyalty ecosystem. Uber One Crosses 50 Million Members and Signals a Fundamental Business Transformation
- Positive Sentiment: Several analysts raised price targets or reiterated bullish ratings after the earnings report, signaling higher expectations for Uber’s long-term profitability and platform strength. Uber Zooms Ahead On Platform Strength, Analysts Revise Estimates After Q1 Print
- Neutral Sentiment: Uber-backed Lime filed for an IPO after revenue growth, which highlights the value of Uber’s broader mobility ecosystem, but it is not a direct near-term driver for Uber’s core earnings. Lime Files IPO After Revenue Climbs To $886.7 Million
- Neutral Sentiment: Uber’s management continued to emphasize autonomous vehicles as a long-term opportunity, but investors are still waiting for that potential to translate into clear financial results. Uber CEO Dara Khosrowshahi Sees ‘Trillion-Dollar’ Self-Driving Opportunity
- Negative Sentiment: News that Uber partner Avride is under investigation for self-driving crashes adds fresh caution around the autonomous-vehicle theme, which could weigh on sentiment toward Uber’s robotaxi strategy. Uber partner Avride is under investigation for self-driving crashes
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.
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