RBF Capital LLC boosted its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 76.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 231,000 shares of the ride-sharing company’s stock after acquiring an additional 100,000 shares during the quarter. Uber Technologies makes up approximately 0.8% of RBF Capital LLC’s holdings, making the stock its 19th biggest holding. RBF Capital LLC’s holdings in Uber Technologies were worth $18,875,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the business. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies during the third quarter valued at about $25,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies during the third quarter valued at about $32,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the fourth quarter valued at about $28,000. Finally, Gould Capital LLC boosted its stake in shares of Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 245 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
UBER has been the topic of a number of recent research reports. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Wolfe Research set a $100.00 price target on Uber Technologies in a research note on Friday, May 29th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Truist Financial lifted their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled three new advertising products that use ride, delivery, and shopping data to help brands reach consumers, giving investors a new potential revenue stream and sparking bullish commentary that the stock could be undervalued. Uber (UBER) Stock Could Be 12.4% Undervalued After Its New Advertising Push
- Positive Sentiment: Multiple articles highlighted Uber’s scale, including strong Uber One membership growth, high trip volume, and its robotaxi ambitions, reinforcing the view that the company has several long-term growth levers. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
- Neutral Sentiment: Uber is drawing heavy attention from traders and research platforms, which can increase volatility, but the “trending stock” coverage itself does not add new fundamental information. Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Neutral Sentiment: Industry chatter around ride-hailing pricing, including reports that Uber and Lyft can charge widely different fares for similar rides, keeps the company in the spotlight but does not clearly change the near-term earnings outlook. The same ride on Uber and Lyft, 29 different prices: What researchers found when they tested the apps
- Negative Sentiment: Competition in grocery delivery is heating up, with Instacart reporting lower basket costs, which could raise questions about pricing pressure across Uber’s delivery ecosystem. Instacart Leads on Price Cuts as Grocery Delivery Competition Heats Up
Uber Technologies Trading Up 0.6%
Shares of UBER stock opened at $73.27 on Wednesday. The company has a market cap of $149.15 billion, a P/E ratio of 18.27, a PEG ratio of 6.19 and a beta of 1.12. The stock has a 50 day simple moving average of $73.47 and a two-hundred day simple moving average of $76.95. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.
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.
Read More
- Five stocks we like better than Uber Technologies
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
