Fifth Third Bancorp Increases Holdings in Uber Technologies, Inc. $UBER

Fifth Third Bancorp grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 67.2% during the 1st quarter, HoldingsChannel reports. The fund owned 631,601 shares of the ride-sharing company’s stock after purchasing an additional 253,882 shares during the quarter. Fifth Third Bancorp’s holdings in Uber Technologies were worth $45,431,000 as of its most recent SEC filing.

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

Uber Technologies News Roundup

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

• Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
• Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
• Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
• Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
• Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UBER. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Finally, Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.18.

Uber Technologies Price Performance

NYSE UBER opened at $74.56 on Monday. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The firm has a market capitalization of $151.77 billion, a P/E ratio of 18.59, a PEG ratio of 6.33 and a beta of 1.12. 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 company has a 50-day moving average price of $72.99 and a 200-day moving average price of $75.38.

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. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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.