Johnson Financial Group Inc. Boosts Stock Position in Uber Technologies, Inc. $UBER

Johnson Financial Group Inc. grew its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 559.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,197 shares of the ride-sharing company’s stock after purchasing an additional 12,891 shares during the quarter. Johnson Financial Group Inc.’s holdings in Uber Technologies were worth $1,093,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Beta Wealth Group Inc. purchased a new position in shares of Uber Technologies during the 1st quarter valued at about $496,000. Swan Global Investments LLC boosted its stake in Uber Technologies by 6.7% in the first quarter. Swan Global Investments LLC now owns 2,969 shares of the ride-sharing company’s stock worth $214,000 after buying an additional 186 shares in the last quarter. AlTi Global Inc. grew its position in Uber Technologies by 1.4% during the first quarter. AlTi Global Inc. now owns 391,973 shares of the ride-sharing company’s stock valued at $28,195,000 after acquiring an additional 5,464 shares during the last quarter. Earned Wealth Advisors LLC grew its position in Uber Technologies by 10.6% during the first quarter. Earned Wealth Advisors LLC now owns 6,643 shares of the ride-sharing company’s stock valued at $478,000 after acquiring an additional 638 shares during the last quarter. Finally, Investment Management Associates Inc. ADV grew its position in Uber Technologies by 10.7% during the first quarter. Investment Management Associates Inc. ADV now owns 493,786 shares of the ride-sharing company’s stock valued at $35,518,000 after acquiring an additional 47,874 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Investor attention around Uber has increased, which can help keep the stock active and support sentiment if the market is positioning ahead of a catalyst. Article Title
• Positive Sentiment: Domino’s said third-party delivery partnerships, including Uber Eats, are driving more order growth and bringing in new customers, reinforcing the value of Uber’s delivery platform. Article Title
• Positive Sentiment: Another Domino’s update emphasized strong order growth, digital reach and global expansion, which suggests continuing demand through delivery channels that can benefit Uber Eats volume. Article Title
• Positive Sentiment: A new Uber Eats-related deal involving GameStop suggests Uber’s delivery marketplace is still expanding into additional merchant categories, which could support future revenue growth. Article Title
• Neutral Sentiment: Some articles were mostly commentary or market chatter, including “Should You Buy Uber Stock Before the Huge Investor Update?” and a Zacks screening piece, with no clearly new fundamental development. Article Title Article Title
• Negative Sentiment: Investor concern remains that driverless technology could erode Uber’s competitive advantage over time, which is a key headwind for the stock. Article Title

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of recent research reports. Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Piper Sandler increased their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Finally, The Goldman Sachs Group set a $100.00 price target on shares of Uber Technologies in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.65.

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $71.66 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The business’s 50 day simple moving average is $72.55 and its two-hundred day simple moving average is $74.95. The stock has a market capitalization of $145.86 billion, a P/E ratio of 17.87, a price-to-earnings-growth ratio of 6.06 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $13.28 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The business’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. Analysts forecast that Uber Technologies, Inc. will post 2.98 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.