Keybank National Association OH Has $3.70 Million Stock Position in Uber Technologies, Inc. $UBER

Keybank National Association OH raised its stake in Uber Technologies, Inc. (NYSE:UBER) by 22.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 51,382 shares of the ride-sharing company’s stock after buying an additional 9,354 shares during the period. Keybank National Association OH’s holdings in Uber Technologies were worth $3,696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares during the period. Mach 1 Financial Group LLC acquired a new stake in Uber Technologies during the 4th quarter worth about $1,220,000. Teacher Retirement System of Texas increased its holdings in Uber Technologies by 17.6% in the fourth quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after purchasing an additional 82,851 shares in the last quarter. Robinhood Asset Management LLC acquired a new stake in shares of Uber Technologies during the 4th quarter worth approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in Uber Technologies in the fourth quarter valued at $17,336,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

UBER stock opened at $74.39 on Friday. The firm has a 50 day moving average of $73.09 and a 200-day moving average of $75.64. The firm has a market capitalization of $151.42 billion, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 6.32 and a beta of 1.12. 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, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations 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% 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 2.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the subject of several recent research reports. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. BTIG Research reiterated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Friday, June 26th. TD Cowen initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. The Goldman Sachs Group set a $100.00 price objective on shares of Uber Technologies in a research report on Monday, June 29th. Finally, Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.54.

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.