Illinois Municipal Retirement Fund Has $15.78 Million Stock Holdings in Uber Technologies, Inc. $UBER

Illinois Municipal Retirement Fund trimmed its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.2% in the first quarter, Holdings Channel reports. The firm owned 219,348 shares of the ride-sharing company’s stock after selling 11,996 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Uber Technologies were worth $15,778,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the fourth quarter valued at $25,000. Portus Wealth Advisors LLC acquired a new position in Uber Technologies during the first quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter worth $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies News Roundup

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 Price Performance

NYSE:UBER opened at $73.96 on Friday. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The company has a market cap of $150.55 billion, a P/E ratio of 18.44, a P/E/G ratio of 6.18 and a beta of 1.12. The firm’s fifty day moving average price is $72.78 and its two-hundred day moving average price is $75.16. 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 posted its 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 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%. Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on UBER. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research report on Friday, May 29th. Wedbush initiated coverage on shares of Uber Technologies in a report on Thursday. They issued an “outperform” rating and a $91.00 target price on the stock. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Monday, June 22nd. Royal Bank Of Canada started coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating for the company. Finally, The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $104.65.

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.