Xponance LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 515,063 shares of the ride-sharing company’s stock after acquiring an additional 26,372 shares during the quarter. Xponance LLC’s holdings in Uber Technologies were worth $42,086,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Capital Research Global Investors lifted its holdings in 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 purchasing an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC lifted 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 valued at $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at $2,515,094,000. Finally, Northern Trust Corp lifted 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 valued at $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Erste Group Bank nudged its FY2026 EPS estimate higher for Uber to $3.35, above the current Street consensus of $2.95, reinforcing expectations that profitability can continue to improve.
- Positive Sentiment: Investors remain encouraged by Uber’s robotaxi strategy, including European autonomous ride pilots and continued investment in self-driving technology, which could expand the platform’s long-term growth opportunities.
- Positive Sentiment: Uber and Banco Santander launched a financing platform of up to €1 billion for European fleet operators, which may help support driver supply and strengthen Uber’s ecosystem in a key international market.
- Neutral Sentiment: Recent commentary noted Uber shares are still about 30% below their record high, suggesting the stock may appeal to investors looking for a pullback opportunity rather than signaling a fresh catalyst by itself. Article Title
- Neutral Sentiment: Uber sued New York City to block a new driver deactivation law, arguing it could hurt rider safety and its ability to manage the marketplace; while this could protect operations, the dispute adds regulatory uncertainty. Article Title
- Negative Sentiment: Competition is intensifying as Waymo and Bolt continue expanding, which could pressure Uber’s ride-hailing market share and pricing power over time.
- Negative Sentiment: A driver study suggesting Uber keeps a larger share of fares in some cities could attract more scrutiny over take rates and driver economics, potentially creating reputational and regulatory headwinds.
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last announced its earnings results 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 company had revenue of $13.20 billion during 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%. Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.
Insiders Place Their Bets
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.81% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on UBER. Truist Financial increased their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report 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. Finally, Fox Advisors upgraded shares of 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 issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.68.
View Our Latest Research Report on Uber Technologies
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.
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