Uber Technologies, Inc. $UBER Stock Position Increased by NFSG Corp

NFSG Corp raised its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 24.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,572 shares of the ride-sharing company’s stock after purchasing an additional 12,697 shares during the period. NFSG Corp’s holdings in Uber Technologies were worth $4,645,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Marshall Wace LLP grew its holdings in Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after buying an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board acquired a new stake in Uber Technologies in the 4th quarter valued at approximately $265,205,000. Finally, Capital Research Global Investors increased its position in Uber Technologies by 2.6% in the 4th 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 acquiring an additional 2,903,021 shares during the period. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: BTIG reiterated a Buy rating and set a $100 price target, signaling meaningful upside if execution remains solid.
• Positive Sentiment: Commentary highlighted Uber’s improving profitability, including a sharp rise in operating income and continued growth in gross bookings, which supports the view that the platform is becoming a more efficient business.
• Positive Sentiment: Uber continues to broaden its platform beyond ride-hailing and delivery, with new products around travel, hotels, AI tools, and autonomous vehicles that could create additional revenue streams over time.

Analyst Ratings Changes

UBER has been the topic of several recent analyst reports. Tigress Financial lifted their target price on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Finally, BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.18.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.12 on Wednesday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The stock has a market cap of $146.81 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 6.31 and a beta of 1.12. The stock’s 50 day moving average price is $72.97 and its 200 day moving average price is $75.27. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last released 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 firm 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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.