Vanguard Group Inc. Grows Holdings in Uber Technologies, Inc. $UBER

Vanguard Group Inc. boosted its position in Uber Technologies, Inc. (NYSE:UBER) by 0.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 190,828,841 shares of the ride-sharing company’s stock after purchasing an additional 1,277,322 shares during the period. Vanguard Group Inc. owned about 9.15% of Uber Technologies worth $18,695,502,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Foster Group Inc. lifted its holdings in Uber Technologies by 3.3% during the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 107 shares during the period. Sage Rhino Capital LLC increased its position in shares of Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares during the last quarter. Quent Capital LLC increased its position in shares of Uber Technologies by 3.3% during the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after purchasing an additional 111 shares during the last quarter. Emergent Wealth Advisors LLC raised its stake in shares of Uber Technologies by 0.7% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares during the period. Finally, Dumont & Blake Investment Advisors LLC boosted its holdings in shares of Uber Technologies by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after buying an additional 115 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Insiders Place Their Bets

In other news, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 9,375 shares of company stock worth $799,875. 3.70% of the stock is owned by insiders.

Uber Technologies Trading Down 2.0%

Shares of UBER stock opened at $69.83 on Monday. The stock has a market capitalization of $145.09 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 6.40 and a beta of 1.21. The company’s fifty day simple moving average is $81.32 and its two-hundred day simple moving average is $89.08. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. BNP Paribas Exane started coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective for the company. Piper Sandler set a $107.00 price target on shares of Uber Technologies in a research note on Wednesday, November 5th. Stifel Nicolaus lowered their price target on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.89.

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.