Rockefeller Capital Management L.P. Raises Stake in Uber Technologies, Inc. $UBER

Rockefeller Capital Management L.P. grew its position in Uber Technologies, Inc. (NYSE:UBER) by 16.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,071,306 shares of the ride-sharing company’s stock after acquiring an additional 434,283 shares during the period. Rockefeller Capital Management L.P.’s holdings in Uber Technologies were worth $250,956,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Uber Technologies in the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter valued at about $27,000. Finally, Ares Financial Consulting LLC bought a new stake in Uber Technologies during the fourth quarter valued at about $28,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. The Goldman Sachs Group set a $115.00 price objective on Uber Technologies in a research report on Thursday, May 7th. TD Cowen began coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. DA Davidson reissued a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research note on Tuesday, May 26th. Wells Fargo & Company boosted their price target on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $104.97.

More Uber Technologies News

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

• Positive Sentiment: Uber launched a new Life360 integration that lets parents request teen rides, track trips in real time, and manage family transportation in one app, which could help deepen user engagement and attract more family-oriented rides. Life360 and Uber Partner to Help Parents Coordinate Rides From Anywhere
• Positive Sentiment: Turkey’s competition board approved Uber’s acquisition of Getir’s delivery business, removing a regulatory hurdle and supporting Uber’s expansion in a new market alongside a planned $500 million investment in Turkey. Turkish competition board approves Uber acquisition of Getir delivery business
• Positive Sentiment: Uber continues to build out its autonomous vehicle strategy, with new robotaxi partnerships in Houston and Zurich and a broader Stellantis-Wayve-Uber collaboration, reinforcing the company’s long-term growth story and helping support bullish analyst sentiment. Stellantis, Wayve and Uber team up to develop global robotaxi services
• Positive Sentiment: Bank of America said Uber’s robotaxi expansion could improve investor sentiment, while Tigress Financial raised its price target, signaling confidence in Uber’s earnings growth and autonomous-driving roadmap. Uber Robotaxi expansion could shift autonomous vehicle narrative, says BofA
• Neutral Sentiment: Some articles focused on Uber as a strong long-term stock idea versus peers and on its expanding advertising business, but these were more reinforcing than immediately market-moving.
• Negative Sentiment: Uber also drew criticism after Consumer Reports said riders sometimes saw widely different prices for the same trip, which could add scrutiny around pricing practices if the issue gains traction. Uber and Lyft may charge you $40 more for the exact same ride as someone else — but both deny surveillance pricing

Uber Technologies Trading Up 0.4%

Shares of Uber Technologies stock opened at $71.91 on Friday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. 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 business has a 50-day moving average price of $73.44 and a 200-day moving average price of $76.70. The firm has a market cap of $146.38 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 6.09 and a beta of 1.12.

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 2.95 EPS for the current fiscal year.

Uber Technologies Company 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.