Uber Technologies, Inc. $UBER Shares Sold by First Trust Advisors LP

First Trust Advisors LP lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 22.3% in the first quarter, Holdings Channel.com reports. The fund owned 562,303 shares of the ride-sharing company’s stock after selling 161,659 shares during the quarter. First Trust Advisors LP’s holdings in Uber Technologies were worth $40,446,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter valued at $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies in the 1st quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the 4th quarter worth about $27,000. 80.24% of the stock is owned by institutional investors.

More Uber Technologies News

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

• Positive Sentiment: Unusually heavy put-option activity may signal bullish positioning rather than outright bearishness. The highlighted strike is more than 18% below the current share price, suggesting some traders could be selling puts and expressing confidence that the stock will remain above that level ahead of Uber’s Aug. 5 second-quarter earnings report. Unusual Put Options Activity in UBER Technologies Could Imply Upside in UBER Stock
• Positive Sentiment: Uber is expanding Uber Eats beyond restaurants through a partnership with Foot Locker, Kids Foot Locker and Champs Sports, providing delivery from more than 1,000 U.S. locations. The move supports diversification of bookings and revenue while ride-hailing growth faces increasing autonomous-vehicle uncertainty. Uber Leans Into Deliveries As Waymo Rift Rekindles Questions About Its Autonomy Strategy
• Neutral Sentiment: Uber’s fundamentals remain a potential support: first-quarter revenue rose 14.5% year over year to $13.2 billion, while adjusted EPS exceeded consensus estimates. However, revenue was slightly below expectations, and investors are likely to focus on second-quarter guidance and profitability at the upcoming earnings release.
• Neutral Sentiment: The stock has traded near its 52-week low and below its 50-day and 200-day moving averages after a decline of more than 35% from its recent peak. Analysts remain broadly constructive, with reported price targets substantially above the current level, but the recent weakness reflects elevated execution and industry concerns.
• Negative Sentiment: Waymo is reportedly considering ending or restructuring its robotaxi partnership with Uber and potentially entering major cities independently. A split could reduce Uber’s role in autonomous mobility, weaken its long-term marketplace advantages and raise questions about how the company will participate if robotaxis become more prevalent. Waymo Weighs Ending Uber Robotaxi Partnership
• Negative Sentiment: Investors are also debating whether autonomous fleets operated directly by Waymo, Tesla or Alphabet could pressure Uber’s margins and distribution role over the long term, despite Uber’s asset-light model and global customer network.

Analysts Set New Price Targets

UBER has been the topic of several recent analyst reports. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. KeyCorp decreased their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Wedbush began coverage on shares of Uber Technologies in a report on Thursday, July 16th. They set an “outperform” rating and a $91.00 price target on the stock. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.65.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $68.15 on Tuesday. The firm has a market cap of $138.73 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 5.54 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $72.02 and a 200 day simple moving average of $74.55.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the firm posted $0.83 EPS. The business’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, sell-side analysts predict that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Uber Technologies 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.