Twin City Private Wealth LLC Buys New Holdings in Uber Technologies, Inc. $UBER

Twin City Private Wealth LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 6,976 shares of the ride-sharing company’s stock, valued at approximately $502,000.

Other large investors have also bought and sold shares of the company. Secured Retirement Advisors LLC purchased a new stake in shares of Uber Technologies during the first quarter valued at approximately $765,000. Vertrix Wealth Management LLC purchased a new position in shares of Uber Technologies in the first quarter worth $1,376,000. Whelan Financial increased its stake in shares of Uber Technologies by 14.3% in the first quarter. Whelan Financial now owns 14,737 shares of the ride-sharing company’s stock worth $1,060,000 after buying an additional 1,848 shares during the period. USS Investment Management Ltd raised its holdings in Uber Technologies by 3.3% during the 1st quarter. USS Investment Management Ltd now owns 348,726 shares of the ride-sharing company’s stock valued at $25,082,000 after buying an additional 11,286 shares during the last quarter. Finally, Tcfg Wealth Management LLC raised its holdings in Uber Technologies by 12.5% during the 1st quarter. Tcfg Wealth Management LLC now owns 7,451 shares of the ride-sharing company’s stock valued at $536,000 after buying an additional 825 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

More 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

Analysts Set New Price Targets

A number of analysts have recently weighed in on UBER shares. Tigress Financial increased their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Royal Bank Of Canada assumed coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. HSBC lowered Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Piper Sandler lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Truist Financial boosted their target price on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.54.

Uber Technologies Price Performance

Shares of UBER opened at $72.60 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The stock has a market cap of $147.78 billion, a PE ratio of 18.10, a price-to-earnings-growth ratio of 6.13 and a beta of 1.12. The firm’s 50-day simple moving average is $73.18 and its two-hundred day simple moving average is $75.73. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company 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%. Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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.