Johnson Financial Group Inc. Acquires 12,891 Shares of Uber Technologies, Inc. $UBER

Johnson Financial Group Inc. boosted its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 559.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,197 shares of the ride-sharing company’s stock after buying an additional 12,891 shares during the period. Johnson Financial Group Inc.’s holdings in Uber Technologies were worth $1,093,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Beta Wealth Group Inc. bought a new stake in shares of Uber Technologies during the 1st quarter valued at $496,000. Swan Global Investments LLC boosted its stake in Uber Technologies by 6.7% in the 1st quarter. Swan Global Investments LLC now owns 2,969 shares of the ride-sharing company’s stock worth $214,000 after purchasing an additional 186 shares during the period. AlTi Global Inc. boosted its stake in Uber Technologies by 1.4% in the 1st quarter. AlTi Global Inc. now owns 391,973 shares of the ride-sharing company’s stock worth $28,195,000 after purchasing an additional 5,464 shares during the period. Earned Wealth Advisors LLC grew its holdings in Uber Technologies by 10.6% during the 1st quarter. Earned Wealth Advisors LLC now owns 6,643 shares of the ride-sharing company’s stock valued at $478,000 after buying an additional 638 shares in the last quarter. Finally, Investment Management Associates Inc. ADV grew its holdings in Uber Technologies by 10.7% during the 1st quarter. Investment Management Associates Inc. ADV now owns 493,786 shares of the ride-sharing company’s stock valued at $35,518,000 after buying an additional 47,874 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

Here are the key news stories impacting Uber Technologies this week:

  • Positive Sentiment: Investor attention around Uber has increased, which can help keep the stock active and support sentiment if the market is positioning ahead of a catalyst. Article Title
  • Positive Sentiment: Domino’s said third-party delivery partnerships, including Uber Eats, are driving more order growth and bringing in new customers, reinforcing the value of Uber’s delivery platform. Article Title
  • Positive Sentiment: Another Domino’s update emphasized strong order growth, digital reach and global expansion, which suggests continuing demand through delivery channels that can benefit Uber Eats volume. Article Title
  • Positive Sentiment: A new Uber Eats-related deal involving GameStop suggests Uber’s delivery marketplace is still expanding into additional merchant categories, which could support future revenue growth. Article Title
  • Neutral Sentiment: Some articles were mostly commentary or market chatter, including “Should You Buy Uber Stock Before the Huge Investor Update?” and a Zacks screening piece, with no clearly new fundamental development. Article Title Article Title
  • Negative Sentiment: Investor concern remains that driverless technology could erode Uber’s competitive advantage over time, which is a key headwind for the stock. Article Title

Uber Technologies Stock Down 0.7%

Shares of NYSE UBER opened at $71.66 on Wednesday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $145.86 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 6.06 and a beta of 1.12. The business has a 50-day moving average of $72.55 and a 200-day moving average of $74.95.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the business earned $0.83 earnings per share. Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UBER shares. BTIG Research reissued a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, July 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. JPMorgan Chase & Co. upped their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wells Fargo & Company lowered their target price on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Monday, July 6th. Finally, Wedbush initiated coverage on shares of Uber Technologies in a report on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $104.65.

Get Our Latest Research Report on UBER

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.

Further Reading

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

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