Harbor Investment Advisory LLC Sells 16,071 Shares of Uber Technologies, Inc. $UBER

Harbor Investment Advisory LLC decreased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 41.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,280 shares of the ride-sharing company’s stock after selling 16,071 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Uber Technologies were worth $1,603,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of UBER. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $25,000. Imprint Wealth LLC bought a new position in Uber Technologies during the third quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. bought a new position in Uber Technologies during the fourth quarter valued at approximately $27,000. 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-backed Lime completed its U.S. IPO and had a solid Nasdaq debut, suggesting investor appetite for micromobility remains healthy and supporting the value of Uber’s strategic investment in Lime. Uber-backed Lime’s shares rise in Nasdaq debut
• Positive Sentiment: Analysts continue to frame Uber’s core business as strong, with one recent estimate boost for FY2027 earnings pointing to confidence in Uber’s long-term profitability. Uber Technologies stock information
• Neutral Sentiment: Uber is shaking up its AI data-labeling unit by dismissing top leaders, which signals internal restructuring but is not yet clearly material to near-term revenue or earnings. Uber shakes up AI data labeling business, dismissing top leaders
• Negative Sentiment: Waymo ending the Phoenix robotaxi partnership is the main bearish catalyst, because it raises questions about Uber’s autonomous-vehicle strategy and whether future robotaxi growth will be harder to monetize. Uber Ends Waymo Robotaxi Offering In Phoenix
• Negative Sentiment: Several reports say the market is viewing the Waymo split as a setback for Uber’s robotaxi bull case, adding to investor concern that autonomous partners could bypass Uber as they scale. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Uber Technologies Stock Up 0.6%

NYSE UBER opened at $72.60 on Thursday. The stock’s 50-day moving average price is $73.18 and its 200-day moving average price is $75.73. 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. The company has a market capitalization of $147.78 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 6.13 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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 company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Friday, June 26th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research note on Friday, May 29th. Truist Financial increased their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Finally, Piper Sandler lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.54.

Uber Technologies Company Profile

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.