Sumitomo Life Insurance Co. Has $13.75 Million Stock Holdings in Uber Technologies, Inc. $UBER

Sumitomo Life Insurance Co. raised its stake in Uber Technologies, Inc. (NYSE:UBER) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,333 shares of the ride-sharing company’s stock after acquiring an additional 10,694 shares during the period. Sumitomo Life Insurance Co.’s holdings in Uber Technologies were worth $13,754,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the 4th quarter valued at $27,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at $28,000. Gould Capital LLC increased its stake in shares of Uber Technologies by 245.0% in the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 245 shares during the last quarter. Finally, SWAN Capital LLC increased its stake in shares of Uber Technologies by 265.0% in the 4th quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after purchasing an additional 265 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UBER has been the topic of several recent analyst reports. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. BTIG Research reiterated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, HSBC lowered Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Uber Technologies Stock Performance

Shares of UBER stock opened at $68.67 on Friday. The business’s 50 day simple moving average is $73.41 and its 200 day simple moving average is $77.16. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The stock has a market capitalization of $139.79 billion, a PE ratio of 17.13, a PEG ratio of 5.91 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 (NYSE:UBER) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The firm’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Trending Headlines about Uber Technologies

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.81% of the stock is owned by insiders.

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.