Shelton Wealth Management LLC Purchases 8,795 Shares of Uber Technologies, Inc. $UBER

Shelton Wealth Management LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 69.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,491 shares of the ride-sharing company’s stock after buying an additional 8,795 shares during the period. Shelton Wealth Management LLC’s holdings in Uber Technologies were worth $1,546,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies in the 4th quarter worth $25,000. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies during the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the fourth quarter valued at $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on UBER shares. Piper Sandler upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. Truist Financial increased their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, TD Cowen started coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.49.

Uber Technologies Trading Up 1.5%

UBER stock traded up $1.11 during trading on Tuesday, reaching $73.53. 4,157,122 shares of the stock traded hands, compared to its average volume of 19,667,285. The business’s 50 day moving average price is $73.05 and its 200-day moving average price is $75.54. The firm has a market capitalization of $149.68 billion, a PE ratio of 18.36, a P/E/G ratio of 6.32 and a beta of 1.12. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results 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. 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 analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $0.83 earnings per share. Uber Technologies’s revenue for the quarter 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, sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Wells Fargo kept an overweight rating on Uber and raised its price target to $100, signaling continued upside potential for the stock. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Investor optimism is rising around Uber’s role in the robotaxi market, with bullish commentary noting the company can benefit from autonomous driving without bearing the heavy R&D costs of building the technology itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s partnership with Stellantis and Wayve to explore Level 4 autonomous robotaxis reinforces its long-term growth narrative in autonomy and platform expansion. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Positive Sentiment: Uber was added to several Russell value indexes, which could increase demand from value-oriented index funds and support trading flows into the shares. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Uber paused most of its planned Uber Eats expansion in Europe while it evaluates a possible Delivery Hero acquisition, a move that may improve capital discipline but also raises execution and regulatory questions. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Neutral Sentiment: Uber CEO Dara Khosrowshahi stepped down from Grab’s board, a governance-related headline that appears more relevant to Grab than to Uber’s core fundamentals. Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
• Negative Sentiment: Recent coverage highlighted concerns about Uber’s insurance charges varying by ride even on similar routes, which could invite scrutiny over pricing transparency and operating costs. Uber’s insurance charges varied by ride despite the same route and driver, study finds

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.