Cetera Investment Advisers Has $67.19 Million Position in Uber Technologies, Inc. $UBER

Cetera Investment Advisers raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 934,094 shares of the ride-sharing company’s stock after acquiring an additional 20,683 shares during the quarter. Cetera Investment Advisers’ holdings in Uber Technologies were worth $67,189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Coronation Fund Managers Ltd. boosted its stake in Uber Technologies by 23.1% during the 1st quarter. Coronation Fund Managers Ltd. now owns 383,398 shares of the ride-sharing company’s stock worth $27,578,000 after acquiring an additional 71,910 shares during the last quarter. NewEdge Wealth LLC increased its stake in Uber Technologies by 4.4% in the first quarter. NewEdge Wealth LLC now owns 269,613 shares of the ride-sharing company’s stock valued at $19,393,000 after purchasing an additional 11,439 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in Uber Technologies in the first quarter worth $4,527,000. Acumen Wealth Advisors LLC boosted its position in shares of Uber Technologies by 21.6% during the first quarter. Acumen Wealth Advisors LLC now owns 40,003 shares of the ride-sharing company’s stock worth $2,877,000 after purchasing an additional 7,113 shares in the last quarter. Finally, Millennium Capital Advisors LLC grew its holdings in shares of Uber Technologies by 5.2% in the 1st quarter. Millennium Capital Advisors LLC now owns 6,125 shares of the ride-sharing company’s stock valued at $441,000 after buying an additional 305 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

More Uber Technologies News

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

• Negative Sentiment: Waymo is reportedly exploring a breakup with Uber, potentially ending a partnership that put Waymo robotaxis on Uber’s network in Austin and Atlanta. If Waymo pulls back, it could weaken Uber’s autonomous-vehicle strategy and raise concerns about competitive pressure in robotaxi ride-hailing. Waymo reportedly mulling a breakup with Uber
• Negative Sentiment: The Financial Times reported that the Uber-Waymo relationship has soured amid lobbying battles over autonomous vehicle rollout, adding uncertainty around a high-profile partnership investors viewed as strategically important. Waymo explores split with Uber as robotaxi tensions deepen
• Negative Sentiment: Uber said it is cutting 10% of customer service jobs as it expands AI use. While the move may support long-term efficiency, layoffs can signal near-term operational disruption and were cited in reports as a reason the stock weakened. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Several follow-up reports echoed the same workforce reduction, reinforcing the market’s focus on Uber’s cost cuts and AI transition rather than near-term growth catalysts. Uber Slashes 10% of Customer Service Workforce in AI Push
• Neutral Sentiment: Uber also won a court injunction against a New York City driver deactivation law, preserving flexibility in how it manages drivers in a key market; this is supportive for operations, but it is less likely to drive immediate stock action than the Waymo headlines. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
• Neutral Sentiment: Separately, Uber was mentioned as a backer of Travis Kalanick’s new robotics venture, but that investment appears more thematic than directly material to Uber’s core earnings outlook. Anthony Levandowski… lands a role in Travis Kalanick’s $1.7B robotics venture

Uber Technologies Price Performance

Shares of UBER opened at $66.00 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a twelve month low of $65.56 and a twelve month high of $101.99. The stock has a market capitalization of $134.36 billion, a P/E ratio of 16.46, a P/E/G ratio of 5.79 and a beta of 1.12. The company has a 50 day moving average of $72.16 and a 200-day moving average of $74.72.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business 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 revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 2.98 EPS for the current fiscal year.

Analysts Set New Price Targets

UBER has been the topic of several recent analyst reports. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. KeyCorp cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Truist Financial increased their target price on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Piper Sandler lifted their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.65.

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.