Oslo Pensjonsforsikring AS Makes New Investment in Uber Technologies, Inc. $UBER

Oslo Pensjonsforsikring AS purchased a new position in Uber Technologies, Inc. (NYSE:UBER) during the first quarter, Holdings Channel reports. The fund purchased 7,415 shares of the ride-sharing company’s stock, valued at approximately $533,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the third quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies during the fourth quarter worth about $25,000. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth about $25,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth about $32,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

Analyst Ratings Changes

A number of research analysts have commented on UBER shares. TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. Wedbush started coverage on shares of Uber Technologies in a research note on Thursday, July 16th. They issued an “outperform” rating and a $91.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. HSBC lowered shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.65.

Uber Technologies Trading Down 0.7%

Shares of UBER opened at $71.66 on Wednesday. The stock has a market capitalization of $145.86 billion, a P/E ratio of 17.87, a PEG ratio of 6.06 and a beta of 1.12. 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 firm has a fifty day simple moving average of $72.55 and a two-hundred day simple moving average of $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 released its quarterly earnings data 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 for 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 company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.98 EPS for the current 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.