Eagle Bay Advisors LLC lowered its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 90.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,907 shares of the ride-sharing company’s stock after selling 37,284 shares during the period. Eagle Bay Advisors LLC’s holdings in Uber Technologies were worth $281,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in UBER. Keybank National Association OH raised its holdings in shares of Uber Technologies by 22.3% during the 1st quarter. Keybank National Association OH now owns 51,382 shares of the ride-sharing company’s stock valued at $3,696,000 after buying an additional 9,354 shares during the period. Sage Investment Counsel LLC boosted its holdings in Uber Technologies by 33.7% in the 1st quarter. Sage Investment Counsel LLC now owns 25,341 shares of the ride-sharing company’s stock worth $1,823,000 after acquiring an additional 6,389 shares during the period. Physician Wealth Advisors Inc. grew its position in Uber Technologies by 205.6% in the first quarter. Physician Wealth Advisors Inc. now owns 547 shares of the ride-sharing company’s stock valued at $39,000 after acquiring an additional 368 shares in the last quarter. Root Financial Partners LLC grew its position in Uber Technologies by 38.4% in the first quarter. Root Financial Partners LLC now owns 4,758 shares of the ride-sharing company’s stock valued at $342,000 after acquiring an additional 1,319 shares in the last quarter. Finally, Twin City Private Wealth LLC purchased a new stake in shares of Uber Technologies during the first quarter valued at approximately $502,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. DA Davidson reissued a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd. Tigress Financial upped their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, June 12th. US Capital Advisors set a $95.00 target price on Uber Technologies in a research note on Monday, May 11th. Finally, UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.54.
Uber Technologies Trading Up 2.4%
Shares of NYSE UBER opened at $74.39 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average price is $73.12 and its two-hundred day moving average price is $75.65. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The stock has a market capitalization of $151.42 billion, a P/E ratio of 18.55, a PEG ratio of 6.17 and a beta of 1.12.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm earned $0.83 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Analysts and market commentary continue to point to strong trip volume and gross bookings growth, with price targets still clustering around $100 to $107, implying confidence in Uber’s operating momentum and earnings outlook. Uber Stock (UBER) Opinions on Analyst Upgrades and Growth Metrics
- Positive Sentiment: Uber’s push into autonomous vehicles remains a key bullish catalyst, with recent partnerships and robotaxi developments reinforcing the story that the company can expand beyond ride-hailing and delivery. Is UBER’s AV Push Reason Enough to Invest in the Stock Currently?
- Positive Sentiment: Uber-backed Lime’s IPO and public-market interest in micromobility could be viewed as a validation of Uber’s broader mobility ecosystem and strategic investments. Uber-Backed Lime Prices Its Public Debut
- Neutral Sentiment: Uber’s AI data-labeling unit is undergoing a leadership shakeup, which signals internal restructuring but does not yet clearly change the core investment case. Uber Removes Two Leaders From AI Growth Unit
- Negative Sentiment: Some commentary highlights ongoing risks from debt, labor unrest, and geopolitical uncertainty, while Waymo’s decision to exit the Uber app in Phoenix underscores that autonomy competition could pressure the long-term robotaxi bull case. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
About Uber Technologies
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
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