AIA Group Ltd boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 16.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,607 shares of the ride-sharing company’s stock after purchasing an additional 27,430 shares during the period. AIA Group Ltd’s holdings in Uber Technologies were worth $14,286,000 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. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Imprint Wealth LLC acquired a new position in Uber Technologies during the third quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter worth $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies Trading Down 2.0%
Shares of UBER stock opened at $72.55 on Friday. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The company has a market capitalization of $147.69 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 6.12 and a beta of 1.12. The firm has a 50 day moving average price of $72.72 and a two-hundred day moving average price of $75.14. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on UBER shares. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Truist Financial increased their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. Finally, Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $104.65.
View Our Latest Stock Analysis on Uber Technologies
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
- Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
- Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
- Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide
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.
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