Regal Partners Ltd Grows Stock Position in Uber Technologies, Inc. $UBER

Regal Partners Ltd grew its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 548.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,731 shares of the ride-sharing company’s stock after buying an additional 59,820 shares during the period. Regal Partners Ltd’s holdings in Uber Technologies were worth $5,088,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UBER. Brighton Jones LLC raised its stake in Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after acquiring an additional 2,474 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC boosted its position in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP bought a new position in Uber Technologies during the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in shares of Uber Technologies in the second quarter worth about $842,000. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: AI and automation investment: Uber committed $100 million to Atoms, the robotics and automation company founded by former CEO Travis Kalanick. The investment could strengthen Uber’s access to industrial AI and automation capabilities across mobility and logistics. Uber Backs Travis Kalanick’s Atoms With $100 Million
• Positive Sentiment: Uber Freight expands its AI focus: Uber Freight hired a logistics technology veteran as it increases investment in artificial intelligence, potentially improving efficiency and competitiveness in its freight business. Uber Freight Elevates AI Ambitions
• Positive Sentiment: Q2 expectations remain solid: Bank of America maintained its Buy rating and expects Uber’s second-quarter results to meet or modestly exceed consensus, forecasting gross bookings of $57.3 billion and adjusted EBITDA of $2.77 billion. Investors are also watching management’s autonomous-vehicle outlook. Uber Autonomous Vehicle Outlook in Focus for Q2 Earnings
• Positive Sentiment: Demand supports pricing: An Obi analysis found that rideshare prices, particularly for Uber, rose significantly across World Cup host cities on match days, highlighting the potential for event-driven demand and higher marketplace revenue. World Cup Match Days Sent Rideshare Prices Surging

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. TD Cowen reissued a “buy” rating and issued a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. Bank of America cut their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a report on Tuesday. Tigress Financial lifted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. HSBC cut shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.60.

Uber Technologies Trading Up 3.7%

Shares of UBER opened at $70.71 on Wednesday. The business’s 50-day moving average price is $71.96 and its 200-day moving average price is $74.44. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99. The stock has a market cap of $143.94 billion, a PE ratio of 17.63, a P/E/G ratio of 5.73 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results 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. 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 for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter 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, equities analysts forecast that Uber Technologies, Inc. will post 2.98 EPS for the current fiscal 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.