Northeast Investment Management Lowers Position in Uber Technologies, Inc. $UBER

Northeast Investment Management decreased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,814 shares of the ride-sharing company’s stock after selling 7,708 shares during the period. Northeast Investment Management’s holdings in Uber Technologies were worth $9,553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of UBER. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at about $25,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the fourth quarter worth about $27,000. Finally, Ares Financial Consulting LLC purchased a new position in Uber Technologies during the fourth quarter worth about $28,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Down 2.3%

UBER opened at $72.15 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $146.87 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 6.28 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company’s 50-day moving average price is $73.43 and its two-hundred day moving average price is $76.11.

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 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 during the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the firm earned $0.83 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber announced a broader Uber Eats marketplace with new retail partners such as Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet, expanding the platform into beauty, office supplies, sporting goods, and pet products. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Market reaction to the Uber Eats expansion was upbeat, with multiple reports saying the stock moved higher as investors cheered the move and saw it as a technical breakout above key moving averages. Uber Shares Higher After Uber Eats Expands Non-Food Options
• Positive Sentiment: Analysts and commentators pointed to Uber’s growing delivery and mobility businesses, including 25% gross bookings growth and the launch of an autonomous vehicle unit, as evidence of continued underlying business strength. Uber’s Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?
• Positive Sentiment: Uber drew additional bullish attention after a filing showed new call-option purchases tied to the stock, suggesting some investors are positioning for more upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Several pieces highlighted Uber’s expansion in Europe and the potential for London robotaxis, but these developments remain dependent on regulatory approvals and are not yet near-term revenue drivers. The Lime IPO Offers Excitement, but This Stock Will Be the Better Long-Term Moneymaker
• Negative Sentiment: Some coverage said Uber’s stock is still trading near 52-week lows despite strong earnings and booking growth, with investors worried that autonomous-vehicle competition and execution risks could keep pressure on the shares. Uber (UBER) Stock Slides Despite Strong Q1 Earnings: What Investors Need to Know

Analysts Set New Price Targets

UBER has been the subject of several analyst reports. TD Cowen initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued a “hold” rating for the company. The Goldman Sachs Group set a $115.00 target price on Uber Technologies in a research note on Thursday, May 7th. HSBC lowered Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Royal Bank Of Canada began coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

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.