Uber Technologies, Inc. $UBER Shares Acquired by Acumen Wealth Advisors LLC

Acumen Wealth Advisors LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 21.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,003 shares of the ride-sharing company’s stock after purchasing an additional 7,113 shares during the period. Acumen Wealth Advisors LLC’s holdings in Uber Technologies were worth $2,877,000 as of its most recent SEC filing.

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

Uber Technologies Trading Down 0.7%

Shares of UBER opened at $71.66 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm 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. The stock’s fifty day simple moving average is $72.55 and its 200 day simple moving average is $74.95. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business 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 2.98 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. Truist Financial lifted their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.65.

Trending Headlines about 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

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.