Private Wealth Asset Management LLC Increases Stock Position in Uber Technologies, Inc. $UBER

Private Wealth Asset Management LLC raised its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 427.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,671 shares of the ride-sharing company’s stock after purchasing an additional 12,699 shares during the quarter. Private Wealth Asset Management LLC’s holdings in Uber Technologies were worth $1,280,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the 3rd quarter valued at $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the 3rd quarter valued at $32,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the 4th quarter valued at $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the 4th quarter valued at $28,000. Finally, Blueline Advisors LLC purchased a new stake in Uber Technologies during the 4th quarter valued at $37,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Up 0.3%

Shares of Uber Technologies stock opened at $71.82 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company has a 50-day moving average of $73.57 and a 200 day moving average of $77.99. The firm has a market cap of $146.20 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 6.09 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results 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. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber is expanding its robotaxi ambitions in Europe, announcing Spain’s first commercial pilot in Madrid with WeRide and AVOMO, which could help accelerate autonomous ride availability through the Uber app. WeRide, Uber and AVOMO Bring Robotaxis to Madrid
• Positive Sentiment: Uber said it will deploy 500 data-collection vehicles this year to gather real-world driving data for partners such as Waymo, Avride, and WeRide, reinforcing its autonomous-vehicle strategy. Uber to put 500 data-collection vehicles on the road this year
• Positive Sentiment: Analyst commentary remained constructive, with DA Davidson reiterating a Buy rating and $107 price target following reports tied to Uber’s acquisition interest in Delivery Hero. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Neutral Sentiment: Uber also capped employee spending on AI coding tools and laid off 23% of its People division, actions that may improve costs but also signal management is tightening budgets and restructuring operations. Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’

Analysts Set New Price Targets

UBER has been the subject of several research analyst reports. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Wells Fargo & Company raised their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.68.

Insider Activity

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.81% of the stock is currently owned by insiders.

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.