UberUBER
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: 30,800
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
54% more repeat investments, than reductions
Existing positions increased: 847 | Existing positions reduced: 549
47% more first-time investments, than exits
New positions opened: 217 | Existing positions closed: 148
4% more funds holding
Funds holding: 1,739 [Q2] → 1,808 (+69) [Q3]
1% less call options, than puts
Call options by funds: $3.63B | Put options by funds: $3.67B
3% less capital invested
Capital invested by funds: $132B [Q2] → $128B (-$4.34B) [Q3]
5.93% less ownership
Funds ownership: 86.83% [Q2] → 80.91% (-5.93%) [Q3]
12% less funds holding in top 10
Funds holding in top 10: 86 [Q2] → 76 (-10) [Q3]
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 74% 1-year accuracy 31 / 42 met price target | 48%upside $90 | Overweight Reiterated | 18 Dec 2024 |
JMP Securities Andrew Boone 73% 1-year accuracy 67 / 92 met price target | 56%upside $95 | Market Outperform Reiterated | 4 Dec 2024 |
Tigress Financial Ivan Feinseth 72% 1-year accuracy 53 / 74 met price target | 70%upside $103 | Buy Maintained | 25 Nov 2024 |
Loop Capital Rob Sanderson 75% 1-year accuracy 38 / 51 met price target | 42%upside $86 | Buy Maintained | 6 Nov 2024 |
DA Davidson Tom White 48% 1-year accuracy 11 / 23 met price target | 38%upside $84 | Buy Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 96 articles about UBER published over the past 30 days