Uber Technologies, Inc. $UBER Stock Position Lifted by Orvieto Partners L.P.

Orvieto Partners L.P. boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 200.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,000 shares of the ride-sharing company’s stock after buying an additional 10,000 shares during the quarter. Uber Technologies accounts for approximately 0.9% of Orvieto Partners L.P.’s investment portfolio, making the stock its 28th largest position. Orvieto Partners L.P.’s holdings in Uber Technologies were worth $1,079,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in UBER. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC purchased a new position in Uber Technologies during the fourth quarter valued at $1,220,000. Teacher Retirement System of Texas increased its holdings in Uber Technologies by 17.6% in the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock valued at $45,280,000 after acquiring an additional 82,851 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. bought a new stake in Uber Technologies in the 4th quarter valued at $17,336,000. Finally, Robinhood Asset Management LLC purchased a new stake in Uber Technologies in the 4th quarter worth $10,884,000. Institutional investors and hedge funds 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 won a court injunction blocking a New York City law that would have restricted how quickly it can deactivate drivers, preserving flexibility in a key market and reducing regulatory risk. Uber Wins Court Injunction Over New York Driver Deactivation Law
• Positive Sentiment: Bill Ackman said Tesla robotaxi fears may be creating a “very cheap” buying opportunity in Uber, which could support investor sentiment around Uber’s long-term valuation. Bill Ackman Says Tesla Robotaxi Fears Are Creating a Very Cheap Buying Opportunity for UBER
• Neutral Sentiment: Uber reportedly invested in former co-founder Travis Kalanick’s $1.7 billion Atoms funding round, a notable AI/robotics development but not a direct near-term operating catalyst for Uber. Travis Kalanick’s Atoms Secures Funding
• Negative Sentiment: Uber cut 10% of customer service jobs and asked some remote employees to return to the office, reinforcing concerns about restructuring disruption even as it touts AI efficiency gains. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Multiple reports highlight that Uber is trimming staff for the second time in two months, which can signal slowing internal growth or pressure to control costs. Uber Cuts 10% of Customer Service Jobs to ‘Embrace’ AI

Analysts Set New Price Targets

Several research firms have commented on UBER. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. US Capital Advisors set a $95.00 target price on Uber Technologies in a research report on Monday, May 11th. Wedbush started coverage on Uber Technologies in a research note on Thursday, July 16th. They set an “outperform” rating and a $91.00 price target for the company. Finally, BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $104.65.

Uber Technologies Stock Down 1.9%

Shares of NYSE:UBER opened at $68.97 on Friday. The company has a market cap of $140.39 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 5.91 and a beta of 1.12. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $72.35 and a 200 day moving average price of $74.78.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.98 earnings per share for the current 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.