Uber Technologies, Inc. $UBER Shares Acquired by Panagora Asset Management Inc.

Panagora Asset Management Inc. increased its position in Uber Technologies, Inc. (NYSE:UBER) by 1.9% during the fourth quarter, Holdings Channel reports. The fund owned 1,715,802 shares of the ride-sharing company’s stock after purchasing an additional 32,376 shares during the quarter. Panagora Asset Management Inc.’s holdings in Uber Technologies were worth $140,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. Perryman Financial Advisory Inc. AD acquired a new stake in shares of Uber Technologies in the 4th quarter worth about $695,000. Public Employees Retirement Association of Colorado increased its holdings in shares of Uber Technologies by 393.0% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 1,263,424 shares of the ride-sharing company’s stock worth $103,234,000 after acquiring an additional 1,007,141 shares during the period. Mariner LLC increased its holdings in shares of Uber Technologies by 12.7% in the 4th quarter. Mariner LLC now owns 1,284,984 shares of the ride-sharing company’s stock worth $105,002,000 after acquiring an additional 145,050 shares during the period. Mill Creek Capital Advisors LLC increased its holdings in shares of Uber Technologies by 8.9% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 2,782 shares of the ride-sharing company’s stock worth $227,000 after acquiring an additional 228 shares during the period. Finally, NFJ Investment Group LLC increased its holdings in shares of Uber Technologies by 33.0% in the 4th quarter. NFJ Investment Group LLC now owns 394,961 shares of the ride-sharing company’s stock worth $32,272,000 after acquiring an additional 98,102 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER opened at $68.67 on Monday. The firm has a 50-day moving average price of $73.41 and a 200 day moving average price of $77.11. The firm has a market capitalization of $139.79 billion, a PE ratio of 17.13, a P/E/G ratio of 5.85 and a beta of 1.12. 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 52-week low of $67.19 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

More Uber Technologies News

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UBER. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. JPMorgan Chase & Co. increased their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. TD Cowen began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating for the company. Finally, Wells Fargo & Company increased their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company 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.