Zhang Financial LLC raised its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 31.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 35,507 shares of the ride-sharing company’s stock after buying an additional 8,492 shares during the period. Zhang Financial LLC’s holdings in Uber Technologies were worth $2,554,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in UBER. Osbon Capital Management LLC bought a new position in Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the 4th quarter worth about $25,000. Portus Wealth Advisors LLC bought a new stake in Uber Technologies during the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the 3rd quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the 4th quarter valued at about $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Trading Down 2.0%
Shares of NYSE UBER opened at $72.55 on Friday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock has a market cap of $147.69 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 6.26 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’s fifty day moving average is $72.72 and its 200-day moving average is $75.14.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
- Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
- Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
- Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on UBER. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. The Goldman Sachs Group set a $100.00 price objective on shares of Uber Technologies in a report on Monday, June 29th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.65.
Check Out Our Latest Research Report on UBER
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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