Swiss National Bank Boosts Position in Uber Technologies, Inc. $UBER

Swiss National Bank lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 6.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,793,000 shares of the ride-sharing company’s stock after acquiring an additional 364,100 shares during the quarter. Swiss National Bank’s holdings in Uber Technologies were worth $416,690,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UBER. World Equity Group Inc. lifted its position in shares of Uber Technologies by 21.5% in the 1st quarter. World Equity Group Inc. now owns 4,404 shares of the ride-sharing company’s stock worth $317,000 after purchasing an additional 779 shares during the period. AIA Group Ltd increased its position in shares of Uber Technologies by 16.0% during the first quarter. AIA Group Ltd now owns 198,607 shares of the ride-sharing company’s stock valued at $14,286,000 after buying an additional 27,430 shares during the period. Spartan Wealth Advisory Services LLC purchased a new position in shares of Uber Technologies during the first quarter valued at about $946,000. ANB Bank increased its position in shares of Uber Technologies by 23.0% during the first quarter. ANB Bank now owns 7,423 shares of the ride-sharing company’s stock valued at $534,000 after buying an additional 1,388 shares during the period. Finally, Crescent Grove Advisors LLC raised its stake in Uber Technologies by 32.3% in the first quarter. Crescent Grove Advisors LLC now owns 3,764 shares of the ride-sharing company’s stock worth $271,000 after buying an additional 918 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

Wall Street Analysts Forecast Growth

Several analysts have commented on UBER shares. Needham & Company LLC restated a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. HSBC downgraded Uber Technologies to a “reduce” rating in a report on Monday, May 11th. US Capital Advisors set a $95.00 target price on Uber Technologies in a research report on Monday, May 11th. Truist Financial raised their target price on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.65.

Get Our Latest Analysis on Uber Technologies

Uber Technologies Trading Down 2.0%

Shares of NYSE UBER opened at $72.55 on Friday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50-day moving average of $72.72 and a 200 day moving average of $75.14. The stock has a market cap of $147.69 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 6.12 and a beta of 1.12.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the prior year, the company earned $0.83 earnings per share. The business’s revenue 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. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 3 EPS for the current fiscal year.

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.

Featured Articles

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.