Uber Technologies, Inc. $UBER Shares Acquired by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 16.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 190,930 shares of the ride-sharing company’s stock after purchasing an additional 27,051 shares during the period. Uber Technologies accounts for 2.4% of North Point Portfolio Managers Corp OH’s investment portfolio, making the stock its 18th biggest position. North Point Portfolio Managers Corp OH’s holdings in Uber Technologies were worth $13,734,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Stelac Advisory Services LLC boosted its stake in Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after buying an additional 117 shares during the last quarter. Cadence Bank increased its stake in shares of Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after acquiring an additional 122 shares during the last quarter. Salvus Wealth Management LLC lifted its holdings in shares of Uber Technologies by 4.9% during the 4th quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock worth $216,000 after acquiring an additional 123 shares during the period. Avion Wealth lifted its holdings in shares of Uber Technologies by 17.5% during the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after acquiring an additional 125 shares during the period. Finally, Crewe Advisors LLC boosted its position in shares of Uber Technologies by 6.6% in the fourth quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock worth $170,000 after acquiring an additional 129 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Uber Technologies News

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

• Negative Sentiment: Uber ended its Phoenix robotaxi partnership with Waymo, removing Waymo rides from the Uber app and renewing worries about Uber’s long-term autonomous-driving strategy. Waymo and Uber end robotaxi pilot in Phoenix
• Negative Sentiment: Analysts and commentators suggested the split could weigh on Uber shares by increasing uncertainty around future robotaxi partnerships and competitive positioning in autonomous ride-hailing. Uber, Waymo end robotaxi partnership in Phoenix
• Negative Sentiment: Uber also drew attention for tightening driver background checks amid rider-safety lawsuits, which could add compliance costs and keep safety concerns in the spotlight. Uber changes key rule for drivers amid rider safety lawsuits
• Neutral Sentiment: OpenAI hired a former Uber India executive to lead its India growth efforts, a move that reflects Uber talent being sought elsewhere but has no direct business impact on Uber’s current operations. OpenAI Deepens India Bet, Hires Ex-Uber Executive To Drive Growth, Partnerships

Uber Technologies Trading Down 4.7%

Shares of UBER stock opened at $71.95 on Wednesday. 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 fifty-two week low of $67.19 and a fifty-two week high of $101.99. The firm’s 50 day moving average price is $73.28 and its two-hundred day moving average price is $75.82. The stock has a market cap of $146.46 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 6.42 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. The business’s quarterly 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. On average, analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UBER shares. Tigress Financial boosted their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, June 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. TD Cowen assumed coverage on Uber Technologies in a report on Monday, May 11th. They set a “hold” rating for the company. Wells Fargo & Company increased their target price on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $104.54.

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.