Pinebridge Investments LLC Invests $18.46 Million in Uber Technologies, Inc. $UBER

Pinebridge Investments LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 225,959 shares of the ride-sharing company’s stock, valued at approximately $18,463,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the third quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies during the fourth quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies during the fourth quarter worth approximately $28,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the third quarter worth approximately $32,000. Finally, Blueline Advisors LLC purchased a new position in shares of Uber Technologies during the fourth quarter worth approximately $37,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Price Performance

NYSE UBER opened at $70.84 on Friday. 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 firm’s 50 day moving average price is $73.53 and its 200-day moving average price is $77.80. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The company has a market cap of $144.21 billion, a PE ratio of 17.67, a P/E/G ratio of 6.01 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the firm earned $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. Sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company ‘Blew’ Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
• Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
• Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
• Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
• Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UBER shares. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. HSBC lowered shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. raised their target price 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. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.68.

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.