Opal Capital LLC Has $4.71 Million Stock Position in Uber Technologies, Inc. $UBER

Posted by Stanley Muller on Jul 29th, 2026

Opal Capital LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 1,117.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 65,450 shares of the ride-sharing company’s stock after buying an additional 60,074 shares during the quarter. Opal Capital LLC’s holdings in Uber Technologies were worth $4,708,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Uber Technologies during the fourth quarter valued at about $2,515,094,000. Marshall Wace LLP grew its position in shares of Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after purchasing an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Uber Technologies by 129.7% in the fourth 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 purchasing an additional 5,293,822 shares during the period. Employees Provident Fund Board bought a new position in shares of Uber Technologies in the fourth quarter worth about $265,205,000. Finally, Southpoint Capital Advisors LP acquired a new position in shares of Uber Technologies during the 1st quarter worth about $222,983,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

Positive Sentiment: AI and automation investment: Uber committed $100 million to Atoms, the robotics and automation company founded by former CEO Travis Kalanick. The investment could strengthen Uber’s access to industrial AI and automation capabilities across mobility and logistics. Uber Backs Travis Kalanick’s Atoms With $100 Million
Positive Sentiment: Uber Freight expands its AI focus: Uber Freight hired a logistics technology veteran as it increases investment in artificial intelligence, potentially improving efficiency and competitiveness in its freight business. Uber Freight Elevates AI Ambitions
Positive Sentiment: Q2 expectations remain solid: Bank of America maintained its Buy rating and expects Uber’s second-quarter results to meet or modestly exceed consensus, forecasting gross bookings of $57.3 billion and adjusted EBITDA of $2.77 billion. Investors are also watching management’s autonomous-vehicle outlook. Uber Autonomous Vehicle Outlook in Focus for Q2 Earnings
Positive Sentiment: Demand supports pricing: An Obi analysis found that rideshare prices, particularly for Uber, rose significantly across World Cup host cities on match days, highlighting the potential for event-driven demand and higher marketplace revenue. World Cup Match Days Sent Rideshare Prices Surging

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UBER. Bank of America decreased their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Wells Fargo & Company lowered their price objective on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a research note on Monday, July 6th. Finally, Truist Financial boosted their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.60.

Check Out Our Latest Research Report on UBER

Uber Technologies Price Performance

NYSE:UBER opened at $70.71 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50-day moving average of $71.96 and a 200-day moving average of $74.44. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company has a market capitalization of $143.94 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 5.73 and a beta of 1.12.

Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm 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%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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 anticipate that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Uber Technologies Company Profile

(Free Report)

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.