Meadowbrook Advisors Group LLC acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,027 shares of the ride-sharing company’s stock, valued at approximately $738,000.
Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in 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 acquiring an additional 1,670,761 shares in the last quarter. Capital Research Global Investors increased its holdings in shares of Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Geode Capital Management LLC raised its position in shares of Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after acquiring an additional 1,602,596 shares in the last quarter. Norges Bank bought a new position in shares of Uber Technologies in the 4th quarter worth $2,515,094,000. Finally, Northern Trust Corp lifted 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 worth $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber launched a new Life360 integration that lets parents request teen rides, track trips in real time, and manage family transportation in one app, which could help deepen user engagement and attract more family-oriented rides. Life360 and Uber Partner to Help Parents Coordinate Rides From Anywhere
- Positive Sentiment: Turkey’s competition board approved Uber’s acquisition of Getir’s delivery business, removing a regulatory hurdle and supporting Uber’s expansion in a new market alongside a planned $500 million investment in Turkey. Turkish competition board approves Uber acquisition of Getir delivery business
- Positive Sentiment: Uber continues to build out its autonomous vehicle strategy, with new robotaxi partnerships in Houston and Zurich and a broader Stellantis-Wayve-Uber collaboration, reinforcing the company’s long-term growth story and helping support bullish analyst sentiment. Stellantis, Wayve and Uber team up to develop global robotaxi services
- Positive Sentiment: Bank of America said Uber’s robotaxi expansion could improve investor sentiment, while Tigress Financial raised its price target, signaling confidence in Uber’s earnings growth and autonomous-driving roadmap. Uber Robotaxi expansion could shift autonomous vehicle narrative, says BofA
- Neutral Sentiment: Some articles focused on Uber as a strong long-term stock idea versus peers and on its expanding advertising business, but these were more reinforcing than immediately market-moving.
- Negative Sentiment: Uber also drew criticism after Consumer Reports said riders sometimes saw widely different prices for the same trip, which could add scrutiny around pricing practices if the issue gains traction. Uber and Lyft may charge you $40 more for the exact same ride as someone else — but both deny surveillance pricing
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data 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. The firm 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 revenue was up 14.5% on a year-over-year basis. During the same period last year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the company. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating for the company. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, HSBC cut shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $104.97.
View Our Latest Analysis on UBER
About Uber Technologies
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.
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