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: 30,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 775 | Existing positions reduced: 533
36% more first-time investments, than exits
New positions opened: 217 | Existing positions closed: 159
3% more funds holding
Funds holding: 1,670 [Q1] → 1,728 (+58) [Q2]
1% more call options, than puts
Call options by funds: $3.34B | Put options by funds: $3.31B
3.57% less ownership
Funds ownership: 85.63% [Q1] → 82.06% (-3.57%) [Q2]
5% less funds holding in top 10
Funds holding in top 10: 92 [Q1] → 87 (-5) [Q2]
9% less capital invested
Capital invested by funds: $137B [Q1] → $125B (-$11.8B) [Q2]
Research analyst outlook
32 Wall Street Analysts provided 1 year price targets over the past 3 months
32 analyst ratings
Jefferies John Colantuoni 100% 1-year accuracy 7 / 7 met price target | 30%upside $105 | Buy Maintained | 22 Oct 2024 |
UBS Lloyd Walmsley 79% 1-year accuracy 11 / 14 met price target | 41%upside $114 | Buy Maintained | 18 Oct 2024 |
DA Davidson Tom White 68% 1-year accuracy 13 / 19 met price target | 1%upside $82 | Buy Maintained | 17 Oct 2024 |
Daiwa Capital Jairam Nathan 100% 1-year accuracy 1 / 1 met price target | 4%upside $84 | Neutral Downgraded | 17 Oct 2024 |
B of A Securities Justin Post 71% 1-year accuracy 5 / 7 met price target | 9%upside $88 | Buy Reiterated | 11 Oct 2024 |
Financial journalist opinion
Based on 116 articles about UBER published over the past 30 days
