Garde Capital Inc. Increases Stake in Uber Technologies, Inc. $UBER

Garde Capital Inc. lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 80.0% during the 4th quarter, Holdings Channel reports. The fund owned 31,129 shares of the ride-sharing company’s stock after buying an additional 13,835 shares during the quarter. Garde Capital Inc.’s holdings in Uber Technologies were worth $2,544,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Inspire Trust Co. N.A. raised its holdings in shares of Uber Technologies by 23.7% during the 4th quarter. Inspire Trust Co. N.A. now owns 68,049 shares of the ride-sharing company’s stock worth $5,560,000 after acquiring an additional 13,049 shares during the period. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Uber Technologies during the 4th quarter worth $4,331,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in shares of Uber Technologies by 115.2% during the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 253,993 shares of the ride-sharing company’s stock worth $20,754,000 after acquiring an additional 135,961 shares during the period. Jupiter Asset Management Ltd. purchased a new position in shares of Uber Technologies during the 4th quarter worth $79,681,000. Finally, Intech Investment Management LLC raised its holdings in shares of Uber Technologies by 15.0% during the 4th quarter. Intech Investment Management LLC now owns 677,494 shares of the ride-sharing company’s stock worth $55,358,000 after acquiring an additional 88,551 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on UBER shares. Morgan Stanley reduced their price target on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Wedbush reduced their price target on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. Roth Mkm set a $105.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Finally, Cantor Fitzgerald cut their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.97.

Read Our Latest Research Report on UBER

Uber Technologies Stock Up 0.2%

Shares of NYSE:UBER opened at $70.89 on Friday. The business has a 50-day moving average price of $73.84 and a 200 day moving average price of $78.59. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $144.31 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 6.01 and a beta of 1.16. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) 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 company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Key Stories Impacting Uber Technologies

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

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.81% of the stock is currently owned by corporate insiders.

About Uber Technologies

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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