Duncker Streett & Co. Inc. Lowers Position in Uber Technologies, Inc. $UBER

Duncker Streett & Co. Inc. lessened its stake in Uber Technologies, Inc. (NYSE:UBER) by 47.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,194 shares of the ride-sharing company’s stock after selling 22,546 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Uber Technologies were worth $1,812,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Norges Bank purchased a new stake in Uber Technologies in the 4th quarter valued at $2,515,094,000. Marshall Wace LLP boosted its holdings in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board bought a new stake in shares of Uber Technologies in the 4th quarter worth $265,205,000. Finally, Capital Research Global Investors raised its holdings in shares of Uber Technologies by 2.6% in 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 purchasing an additional 2,903,021 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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 analyst confidence in the company’s upside. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber is drawing bullish commentary on its robotaxi strategy, with analysts arguing that partnerships with autonomous-driving companies could let Uber benefit from self-driving growth without taking on the heavy R&D burden itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s collaboration with Stellantis and Wayve on Level 4 autonomous robotaxis adds to the view that Uber could become a key platform beneficiary as autonomy scales. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Neutral Sentiment: Uber was added to several Russell value indexes while being removed from a larger growth-oriented benchmark, which could affect index-fund flows and reflects how the market is classifying the stock. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Investor focus is also on Uber’s decision to pause most Europe food-delivery expansion while it evaluates a potential Delivery Hero deal; the move may improve strategic focus, but it also raises questions about capital allocation and execution. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Uber and Waymo reportedly ended their partnership in one major U.S. city, which may be seen as a setback for Uber’s autonomous-vehicle rollout narrative. Uber and Waymo broke up in this major US city – here’s why
• Negative Sentiment: A study raising questions about insurance charges varying by ride could add pressure by drawing attention to pricing transparency and operating-cost consistency. Uber’s Insurance Charges Varied by Ride Despite the Same Route and Driver, Study Finds

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. DA Davidson reissued a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Royal Bank Of Canada started coverage on Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. upped their target price on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.18.

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.21 on Wednesday. The firm’s 50 day moving average is $73.04 and its 200 day moving average is $75.50. The stock has a market capitalization of $151.07 billion, a P/E ratio of 18.51, a PEG ratio of 6.15 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.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data 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 business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same period in the previous year, the business earned $0.83 EPS. Uber Technologies’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. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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.