Fairvoy Private Wealth LLC lowered its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 31.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 43,028 shares of the ride-sharing company’s stock after selling 19,821 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Uber Technologies were worth $3,095,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $25,000. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth about $25,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter worth about $27,000. Finally, Ares Financial Consulting LLC purchased a new position in Uber Technologies in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced a broader Uber Eats marketplace with new retail partners such as Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet, expanding the platform into beauty, office supplies, sporting goods, and pet products. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
- Positive Sentiment: Market reaction to the Uber Eats expansion was upbeat, with multiple reports saying the stock moved higher as investors cheered the move and saw it as a technical breakout above key moving averages. Uber Shares Higher After Uber Eats Expands Non-Food Options
- Positive Sentiment: Analysts and commentators pointed to Uber’s growing delivery and mobility businesses, including 25% gross bookings growth and the launch of an autonomous vehicle unit, as evidence of continued underlying business strength. Uber’s Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?
- Positive Sentiment: Uber drew additional bullish attention after a filing showed new call-option purchases tied to the stock, suggesting some investors are positioning for more upside. Pelosi discloses bullish options bets on Intel and Uber
- Neutral Sentiment: Several pieces highlighted Uber’s expansion in Europe and the potential for London robotaxis, but these developments remain dependent on regulatory approvals and are not yet near-term revenue drivers. The Lime IPO Offers Excitement, but This Stock Will Be the Better Long-Term Moneymaker
- Negative Sentiment: Some coverage said Uber’s stock is still trading near 52-week lows despite strong earnings and booking growth, with investors worried that autonomous-vehicle competition and execution risks could keep pressure on the shares. Uber (UBER) Stock Slides Despite Strong Q1 Earnings: What Investors Need to Know
Uber Technologies Trading Down 2.3%
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period last year, the business earned $0.83 earnings per share. 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. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on UBER shares. US Capital Advisors set a $95.00 price objective on Uber Technologies in a report on Monday, May 11th. BNP Paribas Exane cut Uber Technologies to an “underweight” rating in a report on Monday, May 11th. DA Davidson restated a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Wolfe Research set a $100.00 price target on Uber Technologies in a research note on Friday, May 29th. Finally, UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.97.
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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