Perryman Financial Advisory Inc. AD acquired a new stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 8,502 shares of the ride-sharing company’s stock, valued at approximately $695,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the third quarter valued at about $25,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at about $32,000. Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the 4th quarter valued at about $28,000. Finally, Gould Capital LLC boosted its holdings in Uber Technologies by 245.0% during the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after acquiring an additional 245 shares during the period. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Trading Down 0.3%
NYSE UBER opened at $68.67 on Monday. The stock has a market cap of $139.79 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The stock has a 50 day simple moving average of $73.41 and a two-hundred day simple moving average of $77.11. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.
Analyst Upgrades and Downgrades
UBER has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. TD Cowen started coverage on Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating for the company. Wells Fargo & Company raised their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $104.97.
View Our Latest Report on Uber Technologies
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
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.
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