Wealthfront Advisers LLC Has $21.11 Million Stock Holdings in Uber Technologies, Inc. $UBER

Wealthfront Advisers LLC decreased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 293,481 shares of the ride-sharing company’s stock after selling 14,002 shares during the quarter. Wealthfront Advisers LLC’s holdings in Uber Technologies were worth $21,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Uber Technologies by 0.9% during 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 purchasing an additional 1,670,761 shares in the last quarter. Mach 1 Financial Group LLC bought a new position in shares of Uber Technologies during the fourth quarter worth approximately $1,220,000. Teacher Retirement System of Texas raised its position in shares of Uber Technologies by 17.6% in the fourth quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock valued at $45,280,000 after buying an additional 82,851 shares in the last quarter. Robinhood Asset Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $17,336,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $73.96 on Friday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The stock has a market capitalization of $150.55 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 6.18 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. The company’s 50 day simple moving average is $72.78 and its 200 day simple moving average is $75.16.

Uber Technologies (NYSE:UBER) last released 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. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the topic of a number of recent research reports. Tigress Financial raised their price objective on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Wells Fargo & Company cut their target price on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, July 6th. The Goldman Sachs Group set a $100.00 target price on Uber Technologies in a report on Monday, June 29th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.65.

Uber Technologies News Summary

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

• Positive Sentiment: Uber’s planned acquisition of Delivery Hero is expected to nearly double its global delivery footprint, strengthen its international food-delivery business, and improve scale, pricing power and margin potential. Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
• Positive Sentiment: Uber Eats is also expanding beyond meals, with new retail delivery partnerships including GameStop, Foot Locker, Kids Foot Locker and Champs Sports, broadening the company’s delivery mix and potential transaction volume. Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $91 price target, signaling confidence that Uber’s core business and new delivery consolidation could support further upside. Benzinga coverage of Wedbush initiation
• Neutral Sentiment: Reports also framed the deal as part of broader sector consolidation, with investors weighing whether the acquisition is a smart capital-allocation move versus the integration and regulatory risk that comes with such a large international transaction. Reuters: Uber launches $14.8 billion takeover bid for Delivery Hero
• Negative Sentiment: Some commentary notes the market may be cautious because the deal is large and expensive, and because investors are watching for dilution, execution risk and regulatory scrutiny before fully rewarding the stock. Barron’s: Uber Makes Biggest-Ever Deal With $15 Billion Acquisition and the Stock Isn’t Budging

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.