Krilogy Financial LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 138.2% in the 1st quarter, Holdings Channel reports. The fund owned 85,970 shares of the ride-sharing company’s stock after purchasing an additional 49,878 shares during the quarter. Krilogy Financial LLC’s holdings in Uber Technologies were worth $6,575,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the 3rd quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies in the 4th quarter valued at $25,000. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the 4th quarter worth $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the 4th quarter worth $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on UBER shares. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. TD Cowen began coverage on Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating for the company. Truist Financial raised their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Wells Fargo & Company raised their price objective on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given 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 a consensus rating of “Moderate Buy” and an average target price of $104.97.
Uber Technologies Trading Down 2.5%
Shares of Uber Technologies stock opened at $69.67 on Wednesday. The stock has a market capitalization of $141.82 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 6.07 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. The company has a 50-day simple moving average of $73.41 and a 200 day simple moving average of $76.37. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s involvement in Lime’s IPO could create value for the company, since Uber is a major backer and is expected to buy shares in the offering, potentially boosting the value of its investment. Uber-Backed Bike And Scooter Rental Firm Lime Seeks $1.8 Billion Valuation In IPO
- Positive Sentiment: Analysts continue to point to upside in Uber, citing its scale, profitability, and capital-light approach to autonomous technology, which supports the long-term bull case. SERV vs. UBER: Which Autonomous Delivery Stock is the Better Buy?
- Positive Sentiment: Uber remains linked to growth themes in autonomous delivery and robotaxi development, including partnerships and a future Zurich robotaxi launch, which may help investor sentiment around long-term expansion. Uber Down 29% From Its High. Earnings Up 40%. Wall Street Sees 47% Upside
- Neutral Sentiment: Uber is expanding driver verification efforts in Poland, a sign of operational investment, but this is unlikely to move the stock much on its own. Regula Helps Uber Build a Nationwide Driver Verification Network in Poland
- Negative Sentiment: Several articles highlighted a new shareholder lawsuit accusing Uber’s leadership of prioritizing growth over rider safety and compliance, raising the risk of legal costs, regulatory scrutiny, and reputational damage. Uber investor’s suit alleges rider safety took a back seat to the gig-work model
- Negative Sentiment: Uber also lost ground after falling more sharply than the broader market, reflecting broader caution in the name alongside the legal headlines. Uber Technologies (UBER) Falls More Steeply Than Broader Market: What Investors Need to Know
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.
Featured Articles
- Five stocks we like better than Uber Technologies
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
