UberUBER
Market Cap: $146B
About: Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 150 million users who order rides or food at least once a month.
Employees: 30,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more repeat investments, than reductions
Existing positions increased: 769 | Existing positions reduced: 533
30% more first-time investments, than exits
New positions opened: 214 | Existing positions closed: 164
3% more funds holding
Funds holding: 1,669 [Q1] → 1,719 (+50) [Q2]
1% more call options, than puts
Call options by funds: $3.33B | Put options by funds: $3.31B
3.58% less ownership
Funds ownership: 85.63% [Q1] → 82.05% (-3.58%) [Q2]
7% less funds holding in top 10
Funds holding in top 10: 92 [Q1] → 86 (-6) [Q2]
9% less capital invested
Capital invested by funds: $137B [Q1] → $125B (-$11.8B) [Q2]
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Truist Securities Youssef Squali 56% 1-year accuracy 44 / 79 met price target | 26%upside $88 | Buy Maintained | 6 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 29%upside $90 | Overweight Initiated | 5 Sept 2024 |
Loop Capital Rob Sanderson 54% 1-year accuracy 13 / 24 met price target | 21%upside $84 | Buy Maintained | 3 Sept 2024 |
B of A Securities Justin Post 64% 1-year accuracy 7 / 11 met price target | 26%upside $88 | Buy Maintained | 23 Aug 2024 |
JMP Securities Ronald Josey 60% 1-year accuracy 24 / 40 met price target | 15%upside $80 | Market Outperform Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 72 articles about UBER published over the past 30 days