Pittenger & Anderson Inc. Sells 63,324 Shares of Uber Technologies, Inc. $UBER

Pittenger & Anderson Inc. decreased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 91.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,295 shares of the ride-sharing company’s stock after selling 63,324 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Uber Technologies were worth $453,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Uber Technologies during the fourth quarter worth $2,515,094,000. Marshall Wace LLP boosted its holdings in Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after purchasing an additional 5,293,822 shares during the period. Employees Provident Fund Board bought a new stake in Uber Technologies during the 4th quarter worth about $265,205,000. Finally, Capital Research Global Investors lifted its position in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
• Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
• Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
• Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
• Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UBER shares. Piper Sandler raised their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.18.

Uber Technologies Trading Up 0.0%

Shares of NYSE UBER opened at $74.56 on Monday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock has a market cap of $151.77 billion, a price-to-earnings ratio of 18.59, a P/E/G ratio of 6.33 and a beta of 1.12. 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 company’s fifty day moving average is $72.99 and its 200-day moving average is $75.38.

Uber Technologies (NYSE:UBER) last released 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. The business had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies Profile

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.