9,058 Shares in Uber Technologies, Inc. $UBER Bought by Davis Investment Partners LLC

Davis Investment Partners LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 9,058 shares of the ride-sharing company’s stock, valued at approximately $652,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Osbon Capital Management LLC bought a new stake in Uber Technologies during the 4th quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the 4th quarter valued at about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $28,000. Institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on UBER. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a report on Monday. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Piper Sandler upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, Wolfe Research set a $100.00 price objective on Uber Technologies in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Key Uber Technologies News

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What’s behind Uber stock’s technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

Uber Technologies Price Performance

Shares of NYSE UBER opened at $73.67 on Thursday. 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 business’s 50 day moving average price is $73.44 and its two-hundred day moving average price is $76.25. The company has a market cap of $149.97 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 5.92 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the firm posted $0.83 earnings per share. 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 year.

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.