Titan Global Capital Management USA LLC Has $19.65 Million Position in Uber Technologies, Inc. $UBER

Titan Global Capital Management USA LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 273,129 shares of the ride-sharing company’s stock after acquiring an additional 8,449 shares during the period. Uber Technologies accounts for about 2.9% of Titan Global Capital Management USA LLC’s portfolio, making the stock its 15th biggest position. Titan Global Capital Management USA LLC’s holdings in Uber Technologies were worth $19,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Osbon Capital Management LLC acquired a new position in Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in Uber Technologies in the 1st quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter valued at approximately $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber’s stock is being viewed as attractively valued ahead of a major investor update, which could help support shares if management reinforces its growth outlook. Should You Buy Uber Stock Before the Huge Investor Update?
• Positive Sentiment: Uber continues to expand Uber Eats into retail, adding Foot Locker, Kids Foot Locker, and Champs Sports across more than 1,000 U.S. locations, which broadens the delivery platform beyond restaurant food. Uber Expands Uber Eats Retail Reach With Foot Locker And 1,000 Stores
• Positive Sentiment: Analysts remain constructive after Uber’s $13.7 billion Delivery Hero acquisition, with several still assigning Buy ratings and price targets as high as $125, suggesting confidence in the company’s growth strategy. Uber Stock: Analysts Remain Confident Following $13.7B Delivery Hero Acquisition
• Neutral Sentiment: Uber’s coverage was initiated by Wedbush, adding another Wall Street opinion to the name, though the provided summary does not indicate whether the stance was bullish or bearish. Uber Technologies Research Coverage Started at Wedbush
• Negative Sentiment: Some investors are worried that driverless technology could erode Uber’s competitive advantage over time, which is a key overhang on the stock. Should You Buy Uber Stock Before the Huge Investor Update?

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, July 6th. BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, July 14th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Monday. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 price target on Uber Technologies in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.65.

Uber Technologies Trading Down 0.3%

Shares of UBER stock opened at $72.22 on Tuesday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock’s fifty day simple moving average is $72.64 and its 200 day simple moving average is $75.03. 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 firm has a market capitalization of $147.02 billion, a P/E ratio of 18.01 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the company earned $0.83 earnings per share. The business’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 3 EPS for the current fiscal year.

Uber Technologies Company 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.