Danica Pension Livsforsikringsaktieselskab Has $40.36 Million Stake in Uber Technologies, Inc. $UBER

Danica Pension Livsforsikringsaktieselskab reduced its position in Uber Technologies, Inc. (NYSE:UBER) by 36.4% during the first quarter, HoldingsChannel reports. The firm owned 561,065 shares of the ride-sharing company’s stock after selling 321,152 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in Uber Technologies were worth $40,357,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Cadence Bank lifted its holdings in Uber Technologies by 1.7% in the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after buying an additional 122 shares during the period. Salvus Wealth Management LLC boosted its position in Uber Technologies by 4.9% during the fourth quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock valued at $216,000 after acquiring an additional 123 shares during the last quarter. Avion Wealth grew its holdings in Uber Technologies by 17.5% during the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after acquiring an additional 125 shares during the period. Crewe Advisors LLC grew its holdings in Uber Technologies by 6.6% during the 4th quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock worth $170,000 after acquiring an additional 129 shares during the period. Finally, Archford Capital Strategies LLC grew its holdings in Uber Technologies by 1.7% during the 4th quarter. Archford Capital Strategies LLC now owns 7,986 shares of the ride-sharing company’s stock worth $653,000 after acquiring an additional 133 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Shares of UBER opened at $71.66 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a 50 day moving average price of $72.55 and a two-hundred day moving average price of $74.95. The firm has a market capitalization of $145.86 billion, a P/E ratio of 17.87, a P/E/G ratio of 6.06 and a beta of 1.12. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Truist Financial boosted their price objective on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and set 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 target price on Uber Technologies in a report on Monday, June 29th. KeyCorp dropped their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Finally, Piper Sandler increased their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.65.

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.