Uber Technologies, Inc. $UBER Stock Position Increased by BTC Capital Management Inc.

Key Points

• BTC Capital Management increased its Uber stake by 79.2% in the first quarter, buying 13,977 additional shares and bringing its total to 31,633 shares worth about $2.28 million.
• Uber has been getting broader bullish attention from institutions and analysts, with 80.24% of shares held by institutional investors and Wall Street maintaining an average “Moderate Buy” rating with a consensus target price of $104.97.
• The stock has also been supported by operating momentum: Uber shares were up 5.7%, while the company recently reported $0.72 EPS on $13.2 billion in revenue, and Uber Eats continues expanding its retail offerings beyond restaurants.

BTC Capital Management Inc. raised its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 79.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,633 shares of the ride-sharing company's stock after purchasing an additional 13,977 shares during the period. BTC Capital Management Inc.'s holdings in Uber Technologies were worth $2,275,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies in the 4th quarter worth approximately $25,000. Osbon Capital Management LLC bought a new position in Uber Technologies in the 4th quarter worth approximately $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the 4th quarter valued at approximately $27,000. Institutional investors own 80.24% of the company's stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What's behind Uber stock's technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. DA Davidson reiterated a "buy" rating and set a $107.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. Fox Advisors raised Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. Piper Sandler lifted their price objective 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. Tigress Financial lifted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, June 12th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Uber Technologies in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $104.97.

Uber Technologies Trading Up 5.7%

Shares of NYSE UBER opened at $73.67 on Thursday. 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, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a market cap of $149.97 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 5.92 and a beta of 1.12. The business has a fifty day simple moving average of $73.44 and a 200-day simple moving average of $76.25.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for 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%.Uber Technologies's revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current 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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