Olstein Capital Management L.P. Boosts Holdings in Uber Technologies, Inc. $UBER

Olstein Capital Management L.P. boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 64.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,000 shares of the ride-sharing company’s stock after buying an additional 18,000 shares during the quarter. Olstein Capital Management L.P.’s holdings in Uber Technologies were worth $3,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Transcendent Capital Group LLC bought a new stake in shares of Uber Technologies during the 3rd quarter valued at $1,859,000. Mawer Investment Management Ltd. bought a new position in Uber Technologies in the 3rd quarter worth $74,107,000. Rhumbline Advisers boosted its holdings in Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after buying an additional 42,278 shares during the period. Longbow Finance SA increased its stake in Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after buying an additional 38,304 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Uber Technologies by 11.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 379,452 shares of the ride-sharing company’s stock worth $37,175,000 after buying an additional 38,182 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Q1 beat on profit and strong bookings guide — Uber reported $0.72 adjusted EPS (beat) and issued a June‑quarter gross bookings outlook above consensus, which underpinned optimism about demand recovery in rides and delivery. Uber forecasts strong second-quarter bookings despite Middle East woes
• Positive Sentiment: Analysts lifting targets and reiterating buys — Several firms raised or reiterated bullish ratings (JPMorgan raised its PT to $110; Needham reaffirmed Buy at $109; DA Davidson raised its PT), supporting upside thesis. Benzinga analyst notes
• Positive Sentiment: Platform expansion and partnerships — New deals (Uber Eats + Ulta, grocery tie‑ups with Ahold Delhaize and integrations such as Solera) and product moves into travel bookings broaden TAM and bolster recurring revenue potential. Uber Eats and Ulta Beauty Team-Up
• Neutral Sentiment: Longer-term robotaxi/AV narrative remains a catalyst but execution-focused — CEO commentary and moves (large Rivian robotaxi order, partner-led AV approach) keep a structural growth story alive, but timing and capital intensity remain uncertain. Uber Just Ordered 10,000 Rivian Robotaxis
• Neutral Sentiment: Mixed quarter details — Revenue rose 14% y/y but slightly missed estimates; non‑GAAP EPS beat while some transcripts and headlines emphasized metric differences, producing mixed investor interpretations. Uber Q1 earnings summary
• Negative Sentiment: Regional headwinds and profit‑taking — Management flagged roughly a 60bp drag from the Middle East conflict; after the initial post‑earnings pop, some profit‑taking and rotation pressured the shares. Uber hit by Middle East conflict despite strong bookings
• Negative Sentiment: Wall Street split and selective downgrades — While many firms stayed bullish, some desks trimmed targets (Goldman cited concerns), leaving sentiment fractured and increasing intraday volatility. Wall Street Splits on Uber

Insider Activity at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The SEC filing for this sale provides additional information. 3.81% of the stock is owned by corporate insiders.

Uber Technologies Trading Down 2.9%

Shares of Uber Technologies stock opened at $76.87 on Friday. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $74.17 and a 200-day moving average price of $80.81. The firm has a market cap of $157.03 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 7.29 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the business earned $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on UBER. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research note on Thursday, February 5th. Cantor Fitzgerald decreased their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Weiss Ratings cut Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Mizuho reduced their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.40.

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.