Uber Technologies, Inc. $UBER is Torque Asset Management LLC’s 8th Largest Position

Torque Asset Management LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 27.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 248,865 shares of the ride-sharing company’s stock after buying an additional 53,864 shares during the period. Uber Technologies accounts for 7.0% of Torque Asset Management LLC’s portfolio, making the stock its 8th largest position. Torque Asset Management LLC’s holdings in Uber Technologies were worth $20,335,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of UBER. Beacon Financial Advisory LLC boosted its position in Uber Technologies by 15.8% in the 4th quarter. Beacon Financial Advisory LLC now owns 3,744 shares of the ride-sharing company’s stock valued at $306,000 after buying an additional 510 shares during the period. L2 Asset Management LLC grew its stake in Uber Technologies by 13.6% in the 4th quarter. L2 Asset Management LLC now owns 11,133 shares of the ride-sharing company’s stock worth $910,000 after acquiring an additional 1,337 shares in the last quarter. 71 West Capital Partners purchased a new position in shares of Uber Technologies during the fourth quarter worth approximately $3,342,000. Alberta Investment Management Corp raised its stake in shares of Uber Technologies by 9.5% during the fourth quarter. Alberta Investment Management Corp now owns 79,400 shares of the ride-sharing company’s stock valued at $6,488,000 after acquiring an additional 6,900 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. raised its stake in shares of Uber Technologies by 4,249.1% during the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 9,655 shares of the ride-sharing company’s stock valued at $789,000 after acquiring an additional 9,433 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on UBER shares. Tigress Financial increased their price objective on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. JPMorgan Chase & Co. upped their target price on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating on the stock. Finally, Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $104.97.

Uber Technologies Stock Up 5.8%

Shares of NYSE UBER opened at $72.85 on Tuesday. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The stock’s fifty day simple moving average is $73.44 and its two-hundred day simple moving average is $77.04. The stock has a market capitalization of $148.29 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

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

Uber Technologies News Roundup

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

• Positive Sentiment: Uber announced a significant expansion of its ad business, introducing new brand-focused products that could open an additional revenue stream and improve profitability. Uber (UBER) Stock Trades Up, Here Is Why
• Positive Sentiment: Analyst sentiment remains constructive, with recent buy/overweight ratings and price targets well above the current trading range, suggesting Wall Street still sees upside potential for Uber Technologies (UBER).
• Neutral Sentiment: Broader coverage highlighted Uber’s scale, Uber One membership growth, and robotaxi ambitions, which continue to support the long-term investment case but do not represent an immediate catalyst.
• Neutral Sentiment: Some recent commentary has questioned Uber’s valuation and execution around heavy investments in new initiatives, reflecting ongoing debate among investors.
• Negative Sentiment: Fresh consumer reports and media investigations into pricing differences and AI-driven fare tactics at Uber and Lyft could raise regulatory and reputational concerns if they attract more scrutiny.

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.