Twin City Private Wealth LLC acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund acquired 6,976 shares of the ride-sharing company’s stock, valued at approximately $502,000.
Other institutional investors have also added to or reduced their stakes in the company. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies during the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Uber Technologies in the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies during the 1st quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the fourth quarter worth $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Uber Technologies Trading Up 0.6%
Shares of UBER stock opened at $72.60 on Thursday. The business has a 50-day moving average price of $73.18 and a two-hundred day moving average price of $75.73. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market cap of $147.78 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 6.13 and a beta of 1.12.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on UBER shares. Piper Sandler lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research report on Monday. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.54.
View Our Latest Stock Analysis on Uber Technologies
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber-backed Lime completed its U.S. IPO and had a solid Nasdaq debut, suggesting investor appetite for micromobility remains healthy and supporting the value of Uber’s strategic investment in Lime. Uber-backed Lime’s shares rise in Nasdaq debut
- Positive Sentiment: Analysts continue to frame Uber’s core business as strong, with one recent estimate boost for FY2027 earnings pointing to confidence in Uber’s long-term profitability. Uber Technologies stock information
- Neutral Sentiment: Uber is shaking up its AI data-labeling unit by dismissing top leaders, which signals internal restructuring but is not yet clearly material to near-term revenue or earnings. Uber shakes up AI data labeling business, dismissing top leaders
- Negative Sentiment: Waymo ending the Phoenix robotaxi partnership is the main bearish catalyst, because it raises questions about Uber’s autonomous-vehicle strategy and whether future robotaxi growth will be harder to monetize. Uber Ends Waymo Robotaxi Offering In Phoenix
- Negative Sentiment: Several reports say the market is viewing the Waymo split as a setback for Uber’s robotaxi bull case, adding to investor concern that autonomous partners could bypass Uber as they scale. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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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