Private Advisor Group LLC Boosts Stake in Uber Technologies, Inc. $UBER

Private Advisor Group LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 22.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 345,385 shares of the ride-sharing company’s stock after acquiring an additional 63,156 shares during the period. Private Advisor Group LLC’s holdings in Uber Technologies were worth $24,844,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of UBER. Brighton Jones LLC raised its stake in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after buying an additional 6,129 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after buying an additional 641 shares in the last quarter. Caxton Associates LLP acquired a new stake in Uber Technologies in the 1st quarter valued at $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in Uber Technologies in the 2nd quarter valued at $842,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Down 0.1%

Shares of UBER opened at $74.39 on Friday. The stock has a 50 day moving average price of $73.09 and a 200 day moving average price of $75.64. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $151.42 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 6.32 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share 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 company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $0.83 EPS. 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. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on UBER shares. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating for the company. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research report on Monday. JPMorgan Chase & Co. boosted their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $104.54.

Uber Technologies 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.