Corient Private Wealth LLC Acquires 280,660 Shares of Uber Technologies, Inc. $UBER

Corient Private Wealth LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 22.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,550,547 shares of the ride-sharing company’s stock after acquiring an additional 280,660 shares during the quarter. Corient Private Wealth LLC’s holdings in Uber Technologies were worth $126,771,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of UBER. Norges Bank bought a new stake in Uber Technologies during the 4th quarter valued at $2,515,094,000. Marshall Wace LLP raised its position in shares of Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after acquiring an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Uber Technologies by 129.7% in the 4th 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 acquiring an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board purchased a new stake in shares of Uber Technologies during the 4th quarter worth $265,205,000. Finally, Capital Research Global Investors lifted its stake in shares of 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 worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Up 0.4%

Uber Technologies stock opened at $71.91 on Friday. The business’s 50-day simple moving average is $73.44 and its two-hundred day simple moving average is $76.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $146.38 billion, a PE ratio of 17.93, a PEG ratio of 6.09 and a beta of 1.12. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period last year, the business posted $0.83 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on UBER shares. Wolfe Research set a $100.00 target price on Uber Technologies in a research note on Friday, May 29th. TD Cowen began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.97.

Key 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 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.