BTC Capital Management Inc. Has $2.27 Million Stake in Uber Technologies, Inc. $UBER

BTC Capital Management Inc. boosted its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 79.2% during the 1st quarter, HoldingsChannel reports. The firm owned 31,633 shares of the ride-sharing company’s stock after buying an additional 13,977 shares during the quarter. BTC Capital Management Inc.’s holdings in Uber Technologies were worth $2,275,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies during the fourth quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter valued at $27,000. Finally, Ares Financial Consulting LLC acquired a new position in Uber Technologies during the fourth quarter valued at $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research report on Monday. US Capital Advisors set a $95.00 target price on Uber Technologies in a report on Monday, May 11th. Piper Sandler increased their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 12th. Finally, The Goldman Sachs Group set a $115.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.97.

View Our Latest Report on Uber Technologies

Uber Technologies Stock Up 5.7%

UBER opened at $73.67 on Thursday. The firm has a market cap of $149.97 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 5.92 and a beta of 1.12. 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 business has a 50 day moving average price of $73.44 and a 200 day moving average price of $76.25. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBERGet 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The company’s quarterly 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. Research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Trending Headlines about Uber Technologies

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

Uber Technologies Profile

(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 Stories

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.