World Investment Advisors Buys 32,431 Shares of Uber Technologies, Inc. $UBER

World Investment Advisors boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 35.1% in the first quarter, Holdings Channel reports. The firm owned 124,921 shares of the ride-sharing company’s stock after purchasing an additional 32,431 shares during the quarter. World Investment Advisors’ holdings in Uber Technologies were worth $8,986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after buying an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Uber Technologies during the 1st quarter worth $304,000. Finally, Schnieders Capital Management LLC. bought a new stake in shares of Uber Technologies during the 2nd quarter worth $842,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Down 0.1%

Shares of UBER stock opened at $74.39 on Friday. The stock has a market cap of $151.42 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 6.32 and a beta of 1.12. The stock has a 50-day moving average of $73.09 and a 200-day moving average of $75.64. 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 1-year low of $67.19 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Ratings Changes

UBER has been the topic of a number of recent analyst reports. Royal Bank Of Canada began coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. DA Davidson reissued a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Friday, June 26th. Finally, The Goldman Sachs Group set a $100.00 price objective on shares of Uber Technologies in a research report on Monday, June 29th. 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 assigned a Sell rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.54.

About Uber Technologies

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.