Brookstone Capital Management increased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 174,832 shares of the ride-sharing company’s stock after buying an additional 8,445 shares during the quarter. Brookstone Capital Management’s holdings in Uber Technologies were worth $12,576,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of UBER. Stelac Advisory Services LLC raised its position in Uber Technologies by 10.4% in the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after acquiring an additional 117 shares in the last quarter. Cadence Bank lifted its holdings in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after acquiring an additional 122 shares during the last quarter. Salvus Wealth Management LLC boosted its position in shares of Uber Technologies by 4.9% during the 4th quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock valued at $216,000 after purchasing an additional 123 shares in the last quarter. Avion Wealth boosted its position in shares of Uber Technologies by 17.5% during the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock valued at $68,000 after purchasing an additional 125 shares in the last quarter. Finally, Aries Wealth Management grew its stake in shares of Uber Technologies by 1.1% in the 3rd quarter. Aries Wealth Management now owns 11,355 shares of the ride-sharing company’s stock worth $1,112,000 after purchasing an additional 127 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber-backed Lime’s IPO could benefit Uber by boosting the value of its investment stake and reinforcing the company’s position in micromobility. Uber-backed electric bike firm Lime seeks $180.9 million in IPO
- Positive Sentiment: Uber is being highlighted by analysts as a long-term stock with substantial upside potential, which may support investor confidence. 5 Most Promising Long-Term Stocks to Buy According to Analysts
- Neutral Sentiment: Uber was cited among companies calling for faster electrification policies, a potentially supportive but indirect theme for its long-term mobility strategy. Uber, Autodesk, Coca-Cola, Levi Strauss and Others Call for Governments to Accelerate Electrification
- Negative Sentiment: Shareholders sued Uber’s board over alleged compliance and safety failures, adding legal overhang and renewed scrutiny of the company’s governance and risk controls. Market Chatter: Uber Board Sued by Shareholders Over Alleged Compliance Failures
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the firm earned $0.83 earnings per share. The business’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts recently commented on UBER shares. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. DA Davidson restated a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. HSBC cut Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. increased their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.97.
Read Our Latest Report on Uber Technologies
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.
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