Westerkirk Capital Inc. trimmed its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 53.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,728 shares of the ride-sharing company’s stock after selling 8,972 shares during the quarter. Westerkirk Capital Inc.’s holdings in Uber Technologies were worth $631,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter worth approximately $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the third quarter worth approximately $32,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the fourth quarter worth approximately $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth approximately $28,000. Finally, Blueline Advisors LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth approximately $37,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on UBER shares. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research 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. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and an average target price of $104.68.
Uber Technologies Trading Up 0.5%
NYSE UBER opened at $70.43 on Wednesday. The firm has a market capitalization of $143.36 billion, a P/E ratio of 17.56, a PEG ratio of 5.96 and a beta of 1.12. The business has a fifty day simple moving average of $73.54 and a 200 day simple moving average of $77.42. Uber Technologies, Inc. has a 12 month low of $68.46 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.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion during 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%.Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Brokerages currently rate Uber as a “Moderate Buy,” reinforcing the view that analysts remain constructive on the stock’s long-term outlook. Uber Technologies, Inc. (NYSE:UBER) Receives Average Recommendation of “Moderate Buy” from Brokerages
- Positive Sentiment: Uber continues to expand its autonomous-vehicle strategy, including sign-ups for London robotaxi rides with Wayve and a broader push in Munich with Autobrains and Nvidia, which supports the growth story. Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
- Positive Sentiment: Several commentary pieces framed Uber as an attractive long-term investment, with bulls highlighting growth, cash flow, and valuation upside. Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?
- Neutral Sentiment: Uber Canada’s support for an Indigenous procurement marketplace is a reputational and partnership win, but it is unlikely to move the stock by itself. CCIB Relaunches Indigenous Procurement Marketplace, Supported by Uber Canada
- Negative Sentiment: News that Uber’s block sale weighed on Aurora Innovation and other autonomous-trucking stocks may hint at portfolio rebalancing or reduced enthusiasm around some autonomous bets. Stock Market Today, June 9: Aurora Innovation Falls After Uber Block Sale Weighs on Autonomous Trucking Stocks
- Negative Sentiment: Uber is facing scrutiny over its Delivery Hero expansion plans, including a challenge from a Saudi startup, which adds execution and regulatory uncertainty. Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
- Negative Sentiment: A separate article argued Uber may be creating a tax shelter in Hawaii, which could invite reputational or policy pressure. In Hawaii, Uber is creating a tax shelter for itself
Insider Buying and Selling
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.81% of the company’s stock.
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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