MSA Advisors LLC Invests $1.07 Million in Uber Technologies, Inc. $UBER

MSA Advisors LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBERFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,927 shares of the ride-sharing company’s stock, valued at approximately $1,074,000. Uber Technologies accounts for approximately 0.3% of MSA Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the 3rd quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the fourth quarter worth approximately $25,000. Osbon Capital Management LLC purchased a new stake in Uber Technologies during the fourth quarter valued at approximately $25,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on UBER shares. Citizens Jmp restated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research note on Monday, May 11th. Finally, Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.60.

Check Out Our Latest Stock Analysis on Uber Technologies

Uber Technologies Price Performance

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

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.98 EPS for the current year.

Key Stories 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

About Uber Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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