Uber Technologies, Inc. $UBER Shares Sold by Hartline Investment Corp

Hartline Investment Corp lessened its position in Uber Technologies, Inc. (NYSE:UBER) by 10.2% during the first quarter, Holdings Channel reports. The institutional investor owned 75,137 shares of the ride-sharing company’s stock after selling 8,503 shares during the quarter. Hartline Investment Corp’s holdings in Uber Technologies were worth $5,405,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC acquired a new stake in Uber Technologies during the fourth quarter valued at approximately $1,220,000. Teacher Retirement System of Texas lifted its stake in Uber Technologies by 17.6% during the fourth quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock valued at $45,280,000 after purchasing an additional 82,851 shares during the last quarter. Robinhood Asset Management LLC bought a new stake in Uber Technologies during the fourth quarter worth approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in Uber Technologies in the fourth quarter worth approximately $17,336,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Up 2.5%

Shares of Uber Technologies stock opened at $74.21 on Wednesday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a market cap of $151.07 billion, a P/E ratio of 18.51, a P/E/G ratio of 6.15 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $73.04 and a 200 day moving average price of $75.50.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm’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. As a group, analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Wells Fargo kept an Overweight rating on Uber and raised its price target to $100, signaling continued analyst confidence in the company’s upside. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber is drawing bullish commentary on its robotaxi strategy, with analysts arguing that partnerships with autonomous-driving companies could let Uber benefit from self-driving growth without taking on the heavy R&D burden itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s collaboration with Stellantis and Wayve on Level 4 autonomous robotaxis adds to the view that Uber could become a key platform beneficiary as autonomy scales. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Neutral Sentiment: Uber was added to several Russell value indexes while being removed from a larger growth-oriented benchmark, which could affect index-fund flows and reflects how the market is classifying the stock. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Investor focus is also on Uber’s decision to pause most Europe food-delivery expansion while it evaluates a potential Delivery Hero deal; the move may improve strategic focus, but it also raises questions about capital allocation and execution. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Uber and Waymo reportedly ended their partnership in one major U.S. city, which may be seen as a setback for Uber’s autonomous-vehicle rollout narrative. Uber and Waymo broke up in this major US city – here’s why
• Negative Sentiment: A study raising questions about insurance charges varying by ride could add pressure by drawing attention to pricing transparency and operating-cost consistency. Uber’s Insurance Charges Varied by Ride Despite the Same Route and Driver, Study Finds

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UBER shares. DA Davidson reissued a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. JPMorgan Chase & Co. upped their target price on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Tigress Financial lifted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, Wells Fargo & Company reduced their price objective on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.18.

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.