Y Intercept Hong Kong Ltd Acquires 165,097 Shares of Uber Technologies, Inc. $UBER

Key Points

• Y Intercept Hong Kong Ltd significantly increased its Uber stake in the first quarter, boosting holdings by 481.7% to 199,368 shares worth about $14.34 million.
• Wall Street sentiment on Uber remains broadly positive, with a consensus Moderate Buy rating and an average price target of $104.54, even after some analysts trimmed or revised ratings.
• Uber’s latest results showed revenue growth of 14.5% year over year and EPS of $0.72 versus estimates of $0.69, while the company continues to highlight autonomous-vehicle efforts as a major long-term catalyst.

Y Intercept Hong Kong Ltd lifted its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 481.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 199,368 shares of the ride-sharing company's stock after purchasing an additional 165,097 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Uber Technologies were worth $14,341,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies in the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies during the fourth quarter worth $27,000. 80.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on UBER shares. Tigress Financial boosted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, June 12th. UBS Group cut Uber Technologies from a "buy" rating to a "neutral" rating in a report on Monday, May 11th. Needham & Company LLC reissued a "buy" rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Weiss Ratings upgraded Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. Finally, Wolfe Research set a $100.00 price objective on Uber Technologies in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.54.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Analysts and market commentary continue to point to strong trip volume and gross bookings growth, with price targets still clustering around $100 to $107, implying confidence in Uber’s operating momentum and earnings outlook. Uber Stock (UBER) Opinions on Analyst Upgrades and Growth Metrics
• Positive Sentiment: Uber’s push into autonomous vehicles remains a key bullish catalyst, with recent partnerships and robotaxi developments reinforcing the story that the company can expand beyond ride-hailing and delivery. Is UBER's AV Push Reason Enough to Invest in the Stock Currently?
• Positive Sentiment: Uber-backed Lime’s IPO and public-market interest in micromobility could be viewed as a validation of Uber’s broader mobility ecosystem and strategic investments. Uber-Backed Lime Prices Its Public Debut
• Neutral Sentiment: Uber’s AI data-labeling unit is undergoing a leadership shakeup, which signals internal restructuring but does not yet clearly change the core investment case. Uber Removes Two Leaders From AI Growth Unit
• Negative Sentiment: Some commentary highlights ongoing risks from debt, labor unrest, and geopolitical uncertainty, while Waymo’s decision to exit the Uber app in Phoenix underscores that autonomy competition could pressure the long-term robotaxi bull case. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Uber Technologies Price Performance

NYSE UBER opened at $74.39 on Friday. The firm's 50 day moving average is $73.12 and its 200-day moving average is $75.65. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $151.42 billion, a PE ratio of 18.55, a price-to-earnings-growth ratio of 6.17 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm's revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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.

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.