Uber Technologies, Inc. $UBER Position Boosted by Iron Gate Global Advisors LLC

Iron Gate Global Advisors LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 2.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 453,976 shares of the ride-sharing company’s stock after buying an additional 12,339 shares during the period. Uber Technologies accounts for approximately 3.8% of Iron Gate Global Advisors LLC’s portfolio, making the stock its 10th largest holding. Iron Gate Global Advisors LLC’s holdings in Uber Technologies were worth $37,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of UBER. Norges Bank purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Marshall Wace LLP increased its position in shares of Uber Technologies by 1,462.2% in the fourth 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. increased its position in shares of Uber Technologies by 129.7% in the fourth 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. Capital Research Global Investors increased its position in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares in the last quarter. Finally, Egerton Capital UK LLP acquired a new stake in Uber Technologies during the 4th quarter valued at $219,079,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber announced it will expand its robotaxi partnership with Lucid and Nuro into Houston in 2027, with Uber operating the network and the partners supplying vehicles and self-driving technology. The move suggests Uber is making concrete progress toward scaling its autonomous ride-hailing strategy, which could support long-term growth. Article Title
• Positive Sentiment: Uber also unveiled a broader autonomous-driving partnership with Stellantis and Wayve to deploy Level 4 robotaxis globally. That adds another route for Uber to deepen its role in self-driving mobility and potentially expand its platform economics over time. Article Title
• Positive Sentiment: Uber and WeRide announced plans to launch commercial robotaxi service in Zurich later this year, expanding the companies’ European footprint after Madrid. The ongoing international rollout reinforces Uber’s autonomous mobility ambitions. Article Title
• Neutral Sentiment: Uber’s stock was also hit by headlines about an investigation into “fictitious discounts” and dynamic pricing, which could keep regulatory and consumer-trust concerns in focus if the issue gains traction. Article Title
• Neutral Sentiment: A separate report said Uber’s latest advertising products could make the stock look undervalued, but that story is more of a valuation argument than an immediate catalyst. Article Title
• Negative Sentiment: Zacks reported that Uber Technologies (UBER) declined more than the broader market in the latest session, reflecting that the positive robotaxi news has not yet fully offset near-term pressure on the shares. Article Title

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of recent analyst reports. 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. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. JPMorgan Chase & Co. raised their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Uber Technologies Stock Performance

Shares of UBER opened at $70.97 on Thursday. The firm’s 50 day moving average is $73.44 and its 200-day moving average is $76.85. The stock has a market capitalization of $144.47 billion, a P/E ratio of 17.70, a P/E/G ratio of 6.23 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.83 earnings per share. 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.