Oarsman Capital Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 63.0% in the fourth quarter, Holdings Channel reports. The firm owned 30,358 shares of the ride-sharing company’s stock after purchasing an additional 11,728 shares during the period. Oarsman Capital Inc.’s holdings in Uber Technologies were worth $2,481,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. Capital Research Global Investors raised its holdings in Uber Technologies by 2.6% in 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 acquiring an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC raised its holdings in Uber Technologies by 3.5% in 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 acquiring an additional 1,602,596 shares in the last quarter. Norges Bank bought a new position in Uber Technologies during the 4th quarter valued at $2,515,094,000. Finally, Northern Trust Corp grew its holdings in Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after acquiring an additional 297,132 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Recent commentary says Uber’s core business remains strong, citing 3.6 billion trips, 199 million monthly active consumers, and 50 million Uber One members contributing about half of gross bookings. Will Uber Hit $100 This Year?
- Positive Sentiment: Zacks highlighted Uber as one of the stocks to watch in the gig economy, reinforcing the view that its scale and diversification make it a leading play in ride-hailing and delivery. Must-Watch Stocks to Make the Most of the Gig Economy’s Popularity
- Positive Sentiment: Another note argued Uber has an edge versus Grab because of its global scale, diversification, and valuation support, which could help sustain investor confidence. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
- Positive Sentiment: Wall Street sentiment remains supportive, with recent buy/overweight ratings and a median price target well above the current share price, suggesting analysts still see meaningful upside. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
- Neutral Sentiment: One article questioned whether Uber can reach $100 this year, noting the company’s strong operating metrics but also that the stock has lagged recently, underscoring a debate between fundamentals and market sentiment. Will Uber Hit $100 This Year?
- Negative Sentiment: A separate analysis warned that macro volatility is pressuring platform valuations and that Uber’s robotaxi ambitions and broader “platform multiple” thesis may be facing investor skepticism. Forget Uber: As Macro Volatility Cracks Platform Multiples, This Profitable Digital Fortress Is The Better Buy
- Negative Sentiment: Social chatter noted Uber’s shares have fallen year to date, with some investors questioning whether spending on robotaxi technology and other initiatives is weighing on the stock. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results 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 company had revenue of $13.20 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Analysts Set New Price Targets
UBER has been the subject of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, TD Cowen initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.97.
Get Our Latest Analysis on UBER
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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