Shelton Wealth Management LLC Boosts Stock Position in Uber Technologies, Inc. $UBER

Shelton Wealth Management LLC increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 69.3% in the first quarter, Holdings Channel reports. The institutional investor owned 21,491 shares of the ride-sharing company’s stock after acquiring an additional 8,795 shares during the quarter. Shelton Wealth Management LLC’s holdings in Uber Technologies were worth $1,546,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC boosted its position in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares during the period. Caxton Associates LLP acquired a new position in Uber Technologies during the 1st quarter worth $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in Uber Technologies in the second quarter worth about $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. DA Davidson reaffirmed a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research note on Tuesday, May 26th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Needham & Company LLC restated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.49.

Uber Technologies Stock Performance

Shares of NYSE UBER traded up $1.11 during trading hours on Tuesday, reaching $73.53. The stock had a trading volume of 4,157,122 shares, compared to its average volume of 19,667,285. The business’s fifty day moving average is $73.05 and its two-hundred day moving average is $75.54. The company has a market cap of $149.68 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 6.32 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

More Uber Technologies News

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

• Positive Sentiment: Wells Fargo kept an overweight rating on Uber and raised its price target to $100, signaling continued upside potential for the stock. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Investor optimism is rising around Uber’s role in the robotaxi market, with bullish commentary noting the company can benefit from autonomous driving without bearing the heavy R&D costs of building the technology itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s partnership with Stellantis and Wayve to explore Level 4 autonomous robotaxis reinforces its long-term growth narrative in autonomy and platform expansion. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Positive Sentiment: Uber was added to several Russell value indexes, which could increase demand from value-oriented index funds and support trading flows into the shares. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Uber paused most of its planned Uber Eats expansion in Europe while it evaluates a possible Delivery Hero acquisition, a move that may improve capital discipline but also raises execution and regulatory questions. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Neutral Sentiment: Uber CEO Dara Khosrowshahi stepped down from Grab’s board, a governance-related headline that appears more relevant to Grab than to Uber’s core fundamentals. Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
• Negative Sentiment: Recent coverage highlighted concerns about Uber’s insurance charges varying by ride even on similar routes, which could invite scrutiny over pricing transparency and operating costs. Uber’s insurance charges varied by ride despite the same route and driver, study finds

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.