Uber Technologies stock is trading -30.7% below its average target price of $90.05 after marking a 2.3% during today's afternoon session. Analysts are giving the Large-Cap Business Services company an average rating of buy and target prices ranging from $75.0 to $120.0 per share.
Uber Technologies's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.0%. The stock's short ratio is 2.78. The company's insiders own 0.18% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 83.9%. In conclusion, we believe there is mixed market sentiment regarding Uber Technologies.
Institutions Invested in Uber Technologies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 8% | 178,402,158 | $11,134,435,261 |
| 2024-09-30 | Blackrock Inc. | 7% | 147,284,462 | $9,192,317,658 |
| 2024-09-30 | FMR, LLC | 5% | 97,856,118 | $6,107,395,914 |
| 2024-09-30 | Morgan Stanley | 4% | 92,164,918 | $5,752,196,746 |
| 2024-09-30 | State Street Corporation | 4% | 82,348,682 | $5,139,545,837 |
| 2024-09-30 | Public Investment Fund | 3% | 72,840,541 | $4,546,123,753 |
| 2024-09-30 | Capital Research Global Investors | 3% | 66,006,205 | $4,119,579,183 |
| 2024-09-30 | JP Morgan Chase & Company | 3% | 61,664,992 | $3,848,635,403 |
| 2024-09-30 | Wellington Management Group, LLP | 2% | 43,902,595 | $2,740,048,704 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 42,500,359 | $2,652,532,352 |
