WCG Wealth Advisors LLC Purchases 79,885 Shares of Uber Technologies, Inc. $UBER

WCG Wealth Advisors LLC raised its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 385.1% in the fourth quarter, HoldingsChannel reports. The firm owned 100,631 shares of the ride-sharing company’s stock after buying an additional 79,885 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Uber Technologies were worth $8,223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Geode Capital Management LLC grew its stake in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the period. Norges Bank bought a new stake in shares of Uber Technologies during the 4th quarter valued at about $2,515,094,000. Northern Trust Corp grew its stake in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the period. Finally, Capital World Investors grew its stake in shares of Uber Technologies by 1.1% during the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock valued at $1,667,121,000 after purchasing an additional 182,976 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UBER has been the topic of a number of analyst reports. Wolfe Research set a $100.00 price objective on Uber Technologies in a research report on Friday, May 29th. Morgan Stanley decreased their price objective on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Monday. Wedbush decreased their price objective on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Finally, UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.68.

Uber Technologies Stock Performance

NYSE UBER opened at $71.82 on Thursday. The company has a market cap of $146.20 billion, a P/E ratio of 17.91, a P/E/G ratio of 6.09 and a beta of 1.12. 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 business’s 50 day moving average price is $73.57 and its 200-day moving average price is $77.99. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.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 posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber is deepening its robotaxi push by investing nearly $500 million in Nuro to help expand a fleet of 35,000 autonomous vehicles built on Lucid Gravity SUVs. The milestone-based funding ties Uber’s capital to actual deployment progress, which could strengthen its position in the autonomous ride-hailing market. Article Title
• Positive Sentiment: Uber and WeRide announced Spain’s first commercial robotaxi pilot in Madrid, with a path from operator-led rides to hundreds of vehicles and eventually driverless service. Investors may view this as another sign that Uber’s autonomous network strategy is moving from concept to commercialization in new markets. Article Title
• Positive Sentiment: Uber also unveiled plans to put 500 data-collection vehicles on the road this year to gather real-world driving data for partners like Avride, Waymo, and WeRide. More data collection should help accelerate AV development and improve the value of Uber’s platform partnerships. Article Title
• Positive Sentiment: Analyst commentary remained supportive, with DA Davidson reiterating a Buy rating and a $107 price target after reports of Uber’s interest in acquiring Delivery Hero. That suggests some investors still see upside from both delivery expansion and strategic consolidation. Article Title
• Neutral Sentiment: Uber CEO Dara Khosrowshahi said the company exceeded its annual AI budget in a single quarter and is now capping employee spending on AI tools. While this may improve discipline, it also highlights unexpectedly high AI costs. Article Title
• Neutral Sentiment: Uber is also slowing hiring and trimming recruitment/HR staff as AI increases productivity. The restructuring should help efficiency, but the direct stock impact is less clear because the cuts are relatively small compared with Uber’s overall workforce. Article Title

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.81% of the company’s stock.

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.