Strs Ohio Cuts Stock Position in Uber Technologies, Inc. $UBER

Strs Ohio cut its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 2.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 943,845 shares of the ride-sharing company’s stock after selling 26,592 shares during the quarter. Strs Ohio’s holdings in Uber Technologies were worth $67,891,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of UBER. Keybank National Association OH boosted its stake in Uber Technologies by 22.3% in the first quarter. Keybank National Association OH now owns 51,382 shares of the ride-sharing company’s stock worth $3,696,000 after buying an additional 9,354 shares in the last quarter. Sage Investment Counsel LLC raised its stake in shares of Uber Technologies by 33.7% during the first 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 in the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Uber Technologies by 205.6% in the 1st quarter. Physician Wealth Advisors Inc. now owns 547 shares of the ride-sharing company’s stock worth $39,000 after acquiring an additional 368 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Uber Technologies by 38.4% in the 1st quarter. Root Financial Partners LLC now owns 4,758 shares of the ride-sharing company’s stock worth $342,000 after acquiring an additional 1,319 shares during the last quarter. Finally, Twin City Private Wealth LLC purchased a new stake in shares of Uber Technologies in the 1st quarter valued at $502,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

More Uber Technologies News

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

Analyst Upgrades and Downgrades

UBER has been the topic of a number of analyst reports. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. HSBC lowered shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Truist Financial lifted their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Tigress Financial increased their target price on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.54.

Uber Technologies Trading Up 2.4%

Shares of UBER opened at $74.39 on Friday. 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, 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 firm has a fifty day simple moving average of $73.12 and a two-hundred day simple moving average of $75.65.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for 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 company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate 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.