Whittier Trust Co. Buys 279,828 Shares of Uber Technologies, Inc. $UBER

Whittier Trust Co. grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 2,012.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 293,735 shares of the ride-sharing company’s stock after buying an additional 279,828 shares during the period. Whittier Trust Co.’s holdings in Uber Technologies were worth $21,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the third quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the fourth quarter valued at about $25,000. Osbon Capital Management LLC acquired a new position in Uber Technologies in the 4th quarter valued at approximately $25,000. Imprint Wealth LLC acquired a new position in Uber Technologies in the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter worth approximately $27,000. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Negative Sentiment: Reports from the Financial Times and TechCrunch say Uber is delaying or pausing launches in five of the seven European markets it had targeted for 2026, including Austria, Norway, and Greece. That suggests slower-than-expected international expansion for Uber Eats and may weigh on near-term growth expectations. Uber stalls European food delivery push as it pursues Delivery Hero takeover
• Negative Sentiment: Business Insider reported that Uber’s insurance and operational fees can vary widely even on similar rides, highlighting ongoing concerns about fare transparency and how customers perceive the company’s pricing structure. That could create reputational risk if the issue draws more scrutiny from riders or regulators. Uber’s insurance and operational fees can vary widely on similar trips
• Neutral Sentiment: Separately, analyst coverage remained constructive, with Uber receiving a consensus “Moderate Buy” rating. That supports the longer-term investment case, but it is not enough on its own to offset the near-term concerns around Europe. Uber Technologies, Inc. (NYSE:UBER) Receives Consensus Rating of “Moderate Buy” from Analysts

Uber Technologies Trading Down 0.1%

UBER stock opened at $74.39 on Monday. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $73.09 and its 200-day moving average is $75.60. The firm has a market cap of $151.42 billion, a P/E ratio of 18.55, a P/E/G ratio of 6.32 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 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 analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 EPS. Uber Technologies’s quarterly 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. Equities analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on UBER shares. Wells Fargo & Company lifted their price objective on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings raised Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Piper Sandler lifted their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Friday, June 26th. Finally, Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $104.54.

About Uber Technologies

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.