Uber Technologies, Inc. $UBER Shares Bought by Kidder Stephen W

Key Points

• Kidder Stephen W increased its Uber stake by 42.8% in the fourth quarter, adding 13,990 shares and bringing its total to 46,655 shares valued at about $3.81 million.
• Uber continues to attract strong institutional interest, with 80.24% of shares held by institutional investors and hedge funds; several other funds also boosted their positions last quarter.
• Analysts remain broadly positive on Uber, with a Moderate Buy consensus and an average price target of $104.97, while the company also topped earnings estimates last quarter with $0.72 EPS and 14.5% revenue growth year over year.

Kidder Stephen W raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 42.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,655 shares of the ride-sharing company's stock after acquiring an additional 13,990 shares during the quarter. Uber Technologies makes up approximately 1.1% of Kidder Stephen W's portfolio, making the stock its 29th biggest position. Kidder Stephen W's holdings in Uber Technologies were worth $3,812,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nicholas Wealth LLC. grew its position in shares of Uber Technologies by 9.9% during the fourth quarter. Nicholas Wealth LLC. now owns 13,281 shares of the ride-sharing company's stock worth $1,085,000 after buying an additional 1,198 shares in the last quarter. Taikang Asset Management Hong Kong Co Ltd grew its position in shares of Uber Technologies by 14.9% during the fourth quarter. Taikang Asset Management Hong Kong Co Ltd now owns 96,731 shares of the ride-sharing company's stock worth $7,904,000 after buying an additional 12,517 shares in the last quarter. Berkshire Asset Management LLC PA grew its position in shares of Uber Technologies by 60.8% during the fourth quarter. Berkshire Asset Management LLC PA now owns 5,136 shares of the ride-sharing company's stock worth $420,000 after buying an additional 1,941 shares in the last quarter. Elefante Mark B grew its position in shares of Uber Technologies by 44.6% during the fourth quarter. Elefante Mark B now owns 25,225 shares of the ride-sharing company's stock worth $2,061,000 after buying an additional 7,785 shares in the last quarter. Finally, Delaney Dennis R grew its position in shares of Uber Technologies by 42.0% during the fourth quarter. Delaney Dennis R now owns 30,313 shares of the ride-sharing company's stock worth $2,477,000 after buying an additional 8,965 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber unveiled three new advertising products that use ride, delivery, and shopping data to help brands reach consumers, giving investors a new potential revenue stream and sparking bullish commentary that the stock could be undervalued. Uber (UBER) Stock Could Be 12.4% Undervalued After Its New Advertising Push
• Positive Sentiment: Multiple articles highlighted Uber’s scale, including strong Uber One membership growth, high trip volume, and its robotaxi ambitions, reinforcing the view that the company has several long-term growth levers. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
• Neutral Sentiment: Uber is drawing heavy attention from traders and research platforms, which can increase volatility, but the “trending stock” coverage itself does not add new fundamental information. Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
• Neutral Sentiment: Industry chatter around ride-hailing pricing, including reports that Uber and Lyft can charge widely different fares for similar rides, keeps the company in the spotlight but does not clearly change the near-term earnings outlook. The same ride on Uber and Lyft, 29 different prices: What researchers found when they tested the apps
• Negative Sentiment: Competition in grocery delivery is heating up, with Instacart reporting lower basket costs, which could raise questions about pricing pressure across Uber’s delivery ecosystem. Instacart Leads on Price Cuts as Grocery Delivery Competition Heats Up

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on UBER. Guggenheim reissued a "buy" rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Sanford C. Bernstein reissued an "outperform" rating on shares of Uber Technologies in a research report on Monday, June 1st. JPMorgan Chase & Co. boosted their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Piper Sandler boosted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Finally, Raymond James Financial raised Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $104.97.

Uber Technologies Price Performance

UBER stock opened at $73.27 on Wednesday. The business has a 50 day moving average price of $73.47 and a 200 day moving average price of $76.95. The stock has a market cap of $149.15 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 6.19 and a beta of 1.12. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its 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. The firm had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm's 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. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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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