USS Investment Management Ltd Buys 11,286 Shares of Uber Technologies, Inc. $UBER

USS Investment Management Ltd raised its stake in Uber Technologies, Inc. (NYSE:UBER) by 3.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 348,726 shares of the ride-sharing company’s stock after buying an additional 11,286 shares during the quarter. USS Investment Management Ltd’s holdings in Uber Technologies were worth $25,082,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares during the period. Bison Wealth LLC raised its position in shares of Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after acquiring an additional 641 shares during the period. Caxton Associates LLP bought a new position in Uber Technologies during the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies during the 2nd quarter worth approximately $842,000. Institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on UBER shares. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Truist Financial boosted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Piper Sandler upped their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.54.

Uber Technologies Price Performance

NYSE UBER opened at $71.95 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $146.46 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 6.42 and a beta of 1.12. The business has a 50 day simple moving average of $73.28 and a 200 day simple moving average of $75.82. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99.

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 analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Key Stories Impacting Uber Technologies

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

• Negative Sentiment: Uber ended its Phoenix robotaxi partnership with Waymo, removing Waymo rides from the Uber app and renewing worries about Uber’s long-term autonomous-driving strategy. Waymo and Uber end robotaxi pilot in Phoenix
• Negative Sentiment: Analysts and commentators suggested the split could weigh on Uber shares by increasing uncertainty around future robotaxi partnerships and competitive positioning in autonomous ride-hailing. Uber, Waymo end robotaxi partnership in Phoenix
• Negative Sentiment: Uber also drew attention for tightening driver background checks amid rider-safety lawsuits, which could add compliance costs and keep safety concerns in the spotlight. Uber changes key rule for drivers amid rider safety lawsuits
• Neutral Sentiment: OpenAI hired a former Uber India executive to lead its India growth efforts, a move that reflects Uber talent being sought elsewhere but has no direct business impact on Uber’s current operations. OpenAI Deepens India Bet, Hires Ex-Uber Executive To Drive Growth, Partnerships

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.