OP Asset Management Ltd Makes New Investment in Uber Technologies, Inc. $UBER

OP Asset Management Ltd acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the first quarter, Holdings Channel reports. The firm acquired 248,032 shares of the ride-sharing company’s stock, valued at approximately $17,841,000.

A number of other hedge funds have also modified their holdings of the stock. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies in the fourth quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter worth $27,000. Finally, Ares Financial Consulting LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Key Uber Technologies News

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What’s behind Uber stock’s technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on UBER shares. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Wolfe Research set a $100.00 price target on shares of Uber Technologies in a report on Friday, May 29th. Citizens Jmp restated a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.97.

Uber Technologies Stock Performance

Uber Technologies stock opened at $73.67 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a market cap of $149.97 billion, a PE ratio of 18.37, a PEG ratio of 5.92 and a beta of 1.12. The company’s 50-day moving average is $73.44 and its two-hundred day moving average is $76.25.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $13.28 billion. Uber Technologies’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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.