Uber reported strong Q3 earnings and saw increased institutional investor stakes, despite mixed analyst sentiment.

Uber Technologies saw an increase in institutional holdings, with investors like Bouvel Investment Partners LLC and Ascent Wealth Partners LLC boosting their stakes. The company reported strong Q3 earnings, with revenue up 20.4% to $11.19 billion and EPS of $1.20, both exceeding analyst expectations. Analyst sentiment is mixed, with an average "Moderate Buy" rating and a price target of $90.32. Insider Jill Hazelbaker sold 40,000 shares recently.

November 14, 2024
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