SEB Asset Management AB purchased a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 392,856 shares of the ride-sharing company’s stock, valued at approximately $28,258,000.
Other hedge funds have also recently bought and sold shares of the company. Swiss National Bank increased its holdings in Uber Technologies by 6.7% during the 1st quarter. Swiss National Bank now owns 5,793,000 shares of the ride-sharing company’s stock worth $416,690,000 after purchasing an additional 364,100 shares during the last quarter. World Equity Group Inc. boosted its stake in shares of Uber Technologies by 21.5% during the 1st quarter. World Equity Group Inc. now owns 4,404 shares of the ride-sharing company’s stock valued at $317,000 after buying an additional 779 shares during the last quarter. AIA Group Ltd grew its position in shares of Uber Technologies by 16.0% during the first quarter. AIA Group Ltd now owns 198,607 shares of the ride-sharing company’s stock worth $14,286,000 after buying an additional 27,430 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Uber Technologies during the first quarter worth approximately $946,000. Finally, ANB Bank increased its stake in shares of Uber Technologies by 23.0% in the first quarter. ANB Bank now owns 7,423 shares of the ride-sharing company’s stock worth $534,000 after buying an additional 1,388 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies 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. TD Cowen reaffirmed a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday. Tigress Financial lifted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, The Goldman Sachs Group set a $100.00 price objective on Uber Technologies in a report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.65.
Uber Technologies Trading Up 0.1%
Uber Technologies stock opened at $72.55 on Monday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The firm’s 50-day moving average is $72.72 and its 200-day moving average is $75.10. 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 company has a market cap of $147.69 billion, a P/E ratio of 18.09 and a beta of 1.12.
Uber Technologies (NYSE:UBER – Get Free Report) 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. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3 earnings per share for the current year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
- Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
- Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
- Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide
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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