10,747 Shares in Uber Technologies, Inc. $UBER Purchased by Talon Private Wealth LLC

Talon Private Wealth LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,747 shares of the ride-sharing company’s stock, valued at approximately $773,000.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the 4th 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 period. Capital Research Global Investors increased its stake in shares of Uber Technologies by 2.6% during the fourth 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 holdings in Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Norges Bank bought a new stake in Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp raised its holdings in Uber Technologies by 1.5% during the third 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 in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Rivian partnership strengthens Uber’s autonomous-vehicle strategy. Uber agreed to invest up to $1.2 billion in Rivian and purchase as many as 50,000 R2 electric vehicles for potential robotaxi use. The deal could give Uber access to a dedicated autonomous fleet and create new revenue opportunities, although the benefits will depend on regulatory approvals and successful deployment. Uber Agrees to Invest up to $1.2 Billion in Rivian and Purchase up to 50,000 R2s
• Positive Sentiment: Uber Eats expanded its grocery network. New partnerships with Busch’s Fresh Food Market, Hays, Lowe’s Market and Piggly Wiggly broaden Uber Eats’ regional reach and could increase order frequency and delivery revenue. Uber Eats Welcomes New Regional Grocery Partners Across the U.S.
• Positive Sentiment: Analysts expect solid second-quarter performance. Forecasts call for gross bookings of approximately $57.3 billion and adjusted EBITDA of $2.77 billion, slightly above consensus estimates. Bank of America reiterated its Buy rating, while broader analyst price targets remain well above the current quotation. Uber autonomous vehicle outlook in focus for Q2 earnings
• Neutral Sentiment: Investors are positioning ahead of Uber’s expected August 5 earnings report. Although earnings are projected to grow, some analysts do not see the usual combination of estimate revisions and surprise factors needed to indicate a likely earnings beat. Uber Technologies Earnings Expected to Grow
• Negative Sentiment: Competitive and execution risks remain. Coverage highlighted Bay Area job cuts and ongoing concerns that Tesla, Waymo and other autonomous-vehicle platforms could challenge Uber’s core ride-hailing model. Uber’s Rivian investment, Atoms commitment and other automation efforts also require substantial capital before producing meaningful returns.

Analyst Ratings Changes

A number of brokerages have issued reports on UBER. Royal Bank Of Canada started coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. Piper Sandler boosted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a report on Monday, May 11th. Wells Fargo & Company cut their price objective on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, July 6th. Finally, Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.60.

Uber Technologies Trading Up 0.8%

Shares of NYSE:UBER opened at $71.30 on Thursday. The stock has a market capitalization of $145.13 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 5.94 and a beta of 1.12. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. 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 company has a 50 day moving average price of $71.89 and a 200 day moving average price of $74.33.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for 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%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.98 EPS for the current fiscal 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.