Uber Technologies, Inc. $UBER Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 24.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,834,231 shares of the ride-sharing company's stock after purchasing an additional 1,162,405 shares during the quarter. Dimensional Fund Advisors LP owned 0.29% of Uber Technologies worth $419,542,000 at the end of the most recent quarter.

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

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.22 on Tuesday. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The business has a 50-day moving average of $72.64 and a two-hundred day moving average of $75.03. The stock has a market capitalization of $147.02 billion, a P/E ratio of 18.01 and a beta of 1.12. 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 (NYSE:UBER - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the company posted $0.83 EPS. The firm's 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. On average, equities research analysts predict that Uber Technologies, Inc. will post 3 EPS for the current fiscal year.

More Uber Technologies News

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

• Positive Sentiment: Uber’s stock is being viewed as attractively valued ahead of a major investor update, which could help support shares if management reinforces its growth outlook. Should You Buy Uber Stock Before the Huge Investor Update?
• Positive Sentiment: Uber continues to expand Uber Eats into retail, adding Foot Locker, Kids Foot Locker, and Champs Sports across more than 1,000 U.S. locations, which broadens the delivery platform beyond restaurant food. Uber Expands Uber Eats Retail Reach With Foot Locker And 1,000 Stores
• Positive Sentiment: Analysts remain constructive after Uber’s $13.7 billion Delivery Hero acquisition, with several still assigning Buy ratings and price targets as high as $125, suggesting confidence in the company’s growth strategy. Uber Stock: Analysts Remain Confident Following $13.7B Delivery Hero Acquisition
• Neutral Sentiment: Uber’s coverage was initiated by Wedbush, adding another Wall Street opinion to the name, though the provided summary does not indicate whether the stance was bullish or bearish. Uber Technologies Research Coverage Started at Wedbush
• Negative Sentiment: Some investors are worried that driverless technology could erode Uber’s competitive advantage over time, which is a key overhang on the stock. Should You Buy Uber Stock Before the Huge Investor Update?

Analyst Ratings Changes

Several research analysts have recently weighed in on UBER shares. Citizens Jmp reissued a "market outperform" rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an "outperform" rating on the stock. Needham & Company LLC restated a "buy" rating and issued a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. US Capital Advisors set a $95.00 price target on Uber Technologies in a report on Monday, May 11th. Finally, Tigress Financial upped their price target on Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, June 12th. One investment 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 given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $104.65.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.