Associated Banc Corp raised its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 10.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 631,235 shares of the ride-sharing company’s stock after purchasing an additional 61,009 shares during the period. Uber Technologies makes up approximately 1.2% of Associated Banc Corp’s investment portfolio, making the stock its 16th biggest position. Associated Banc Corp’s holdings in Uber Technologies were worth $45,405,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the third quarter worth $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth about $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Stock Performance
Shares of UBER traded up $0.21 during trading hours on Friday, reaching $74.56. 9,748,548 shares of the company’s stock traded hands, compared to its average volume of 19,835,724. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The business’s fifty day simple moving average is $72.99 and its two-hundred day simple moving average is $75.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $151.77 billion, a price-to-earnings ratio of 18.59, a P/E/G ratio of 6.33 and a beta of 1.12.
Wall Street Analysts Forecast Growth
UBER has been the topic of a number of research reports. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Wells Fargo & Company lowered their price target on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, July 6th. Finally, 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 report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $104.18.
Get Our Latest Analysis on UBER
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
- Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
- Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
- Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
- Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title
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.
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