Harmony Asset Management LLC Sells 46,635 Shares of Uber Technologies, Inc. $UBER

Harmony Asset Management LLC cut its stake in Uber Technologies, Inc. (NYSE:UBER) by 69.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,540 shares of the ride-sharing company’s stock after selling 46,635 shares during the period. Harmony Asset Management LLC’s holdings in Uber Technologies were worth $1,477,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UBER. MASTERINVEST Kapitalanlage GmbH increased its position in shares of Uber Technologies by 18.7% during the 1st quarter. MASTERINVEST Kapitalanlage GmbH now owns 87,917 shares of the ride-sharing company’s stock valued at $6,324,000 after purchasing an additional 13,849 shares during the last quarter. Hudson Canyon Capital Management lifted its position in Uber Technologies by 1.4% in the 1st quarter. Hudson Canyon Capital Management now owns 24,321 shares of the ride-sharing company’s stock worth $1,749,000 after buying an additional 327 shares during the last quarter. NFSG Corp boosted its stake in Uber Technologies by 24.5% in the first quarter. NFSG Corp now owns 64,572 shares of the ride-sharing company’s stock worth $4,645,000 after buying an additional 12,697 shares in the last quarter. Signet Financial Management LLC boosted its stake in Uber Technologies by 2.9% in the first quarter. Signet Financial Management LLC now owns 42,048 shares of the ride-sharing company’s stock worth $3,025,000 after buying an additional 1,194 shares in the last quarter. Finally, Camden National Bank grew its position in Uber Technologies by 14.9% during the first quarter. Camden National Bank now owns 4,878 shares of the ride-sharing company’s stock valued at $351,000 after acquiring an additional 631 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Up 0.9%

Shares of NYSE UBER opened at $72.75 on Thursday. The firm’s fifty day moving average is $72.84 and its 200 day moving average is $75.21. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market cap of $148.08 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 6.13 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Needham & Company LLC reissued a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Finally, Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.18.

Uber Technologies News Summary

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

• Positive Sentiment: Uber’s advanced talks to acquire Delivery Hero could meaningfully expand Uber Eats internationally and strengthen its competitive position against DoorDash. Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
• Positive Sentiment: Analyst coverage remains favorable, with Wells Fargo and BTIG both signaling upside and confidence in Uber’s earnings and growth trajectory. Can Uber (UBER) Keep Growing as Robotaxis Expand? Wells Fargo Thinks So
• Positive Sentiment: Recent commentary highlights improving profitability, with core operating income and subscription growth supporting a stronger long-term cash flow story for Uber. Uber’s $150 Billion Platform Is Entering a New Phase of Profitability
• Neutral Sentiment: Articles debating Uber’s valuation and the impact of automation suggest investors are still weighing whether today’s share price fully reflects future disruption risks. Can Uber Technologies (UBER) Stay Cheap While Automation Risks Grow?
• Negative Sentiment: Some coverage argues Uber is behind Pony AI in robotaxis, reinforcing concerns that autonomous driving could become a tougher competitive battleground over time. Uber vs. Pony AI: Who’s Winning the Race in Autonomous Ride-Hailing?

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.