Resona Asset Management Co. Ltd. Grows Position in Uber Technologies, Inc. $UBER

Resona Asset Management Co. Ltd. raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 615,069 shares of the ride-sharing company’s stock after acquiring an additional 12,112 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Uber Technologies were worth $44,011,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies in the 4th quarter worth about $25,000. Portus Wealth Advisors LLC bought a new stake in Uber Technologies in the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies in the 3rd quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the 4th quarter valued at about $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Down 0.9%

UBER opened at $73.67 on Thursday. 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 stock has a market cap of $149.96 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 6.32 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company’s 50-day moving average price is $72.99 and its two-hundred day moving average price is $75.46.

Uber Technologies (NYSE:UBER) last released its earnings results 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the firm earned $0.83 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Analysts say gross booking strength from Mobility, Delivery, Uber One, and app upgrades could help Uber deliver strong Q2 results, supporting the stock ahead of earnings. Will Gross Booking Strength Give a Boost to Uber’s Results in Q2?
• Positive Sentiment: Wells Fargo reportedly raised its price target to $100, reinforcing bullish Wall Street sentiment on Uber. Uber Technologies Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber continues to receive bullish coverage on the view that it can benefit from the robotaxi rollout without bearing the heavy cost of building autonomous vehicles itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Neutral Sentiment: Waymo’s expansion into four more cities underscores rising competition in autonomous ride-hailing, which could influence how investors value Uber’s long-term mobility strategy. Waymo Widens Lead Over Tesla, Expands Robotaxis To Four New Cities
• Neutral Sentiment: Uber’s recent move to pause most Uber Eats expansion in Europe and focus on a possible Delivery Hero acquisition may improve strategic focus, but it also adds execution and regulatory uncertainty. How Investors Are Reacting To Uber Technologies Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Recent reports note Uber shares have been sliding, suggesting investors are cautious despite the bullish commentary. Uber Technologies Stock Slides as Market Rises: Facts to Know Before You Trade

Analysts Set New Price Targets

Several research firms have commented on UBER. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating on the stock. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Friday, June 26th. JPMorgan Chase & Co. lifted their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.18.

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.