Kestra Private Wealth Services LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 170,576 shares of the ride-sharing company’s stock after acquiring an additional 12,186 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Uber Technologies were worth $12,270,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in UBER. Osbon Capital Management LLC bought a new stake in Uber Technologies during the 4th quarter worth about $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the 4th quarter worth approximately $27,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Uber Technologies during the fourth quarter worth approximately $28,000. Institutional investors own 80.24% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently weighed in on UBER shares. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, May 26th. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Truist Financial raised their price target 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, Piper Sandler lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.
Uber Technologies Trading Down 2.3%
UBER opened at $72.15 on Friday. The firm’s fifty day moving average is $73.43 and its two-hundred day moving average is $76.11. The firm has a market cap of $146.87 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 6.28 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the business earned $0.83 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced a broader Uber Eats marketplace with new retail partners such as Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet, expanding the platform into beauty, office supplies, sporting goods, and pet products. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
- Positive Sentiment: Market reaction to the Uber Eats expansion was upbeat, with multiple reports saying the stock moved higher as investors cheered the move and saw it as a technical breakout above key moving averages. Uber Shares Higher After Uber Eats Expands Non-Food Options
- Positive Sentiment: Analysts and commentators pointed to Uber’s growing delivery and mobility businesses, including 25% gross bookings growth and the launch of an autonomous vehicle unit, as evidence of continued underlying business strength. Uber’s Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?
- Positive Sentiment: Uber drew additional bullish attention after a filing showed new call-option purchases tied to the stock, suggesting some investors are positioning for more upside. Pelosi discloses bullish options bets on Intel and Uber
- Neutral Sentiment: Several pieces highlighted Uber’s expansion in Europe and the potential for London robotaxis, but these developments remain dependent on regulatory approvals and are not yet near-term revenue drivers. The Lime IPO Offers Excitement, but This Stock Will Be the Better Long-Term Moneymaker
- Negative Sentiment: Some coverage said Uber’s stock is still trading near 52-week lows despite strong earnings and booking growth, with investors worried that autonomous-vehicle competition and execution risks could keep pressure on the shares. Uber (UBER) Stock Slides Despite Strong Q1 Earnings: What Investors Need to Know
Uber Technologies Profile
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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