LGT Fund Management Co Ltd. Cuts Holdings in Uber Technologies, Inc. $UBER

LGT Fund Management Co Ltd. lowered its holdings in Uber Technologies, Inc. (NYSE:UBER) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,840 shares of the ride-sharing company’s stock after selling 13,940 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Uber Technologies were worth $9,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares in the last quarter. Capital Research Global Investors lifted its stake in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after acquiring an additional 1,602,596 shares during the last quarter. Norges Bank bought a new stake in shares of Uber Technologies in the fourth quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp raised its holdings in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Performance

Shares of UBER stock traded up $0.21 during trading hours on Friday, reaching $74.56. 9,748,548 shares of the company traded hands, compared to its average volume of 19,835,724. The firm has a 50-day moving average price of $72.99 and a 200 day moving average price of $75.42. The company has a market cap of $151.77 billion, a P/E ratio of 18.59, a P/E/G ratio of 6.33 and a beta of 1.12. 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, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last released its earnings results 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 period in the prior year, the firm posted $0.83 EPS. The firm’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. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
• Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
• Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
• Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
• Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title

Analyst Upgrades and Downgrades

UBER has been the topic of several research reports. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. Tigress Financial raised their price objective 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. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.18.

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.