Main Street Research LLC Reduces Stock Holdings in Uber Technologies, Inc. $UBER

Main Street Research LLC lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 97.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 11,491 shares of the ride-sharing company’s stock after selling 435,414 shares during the quarter. Main Street Research LLC’s holdings in Uber Technologies were worth $827,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the third quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $25,000. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $25,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies in the 3rd quarter valued at about $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. DA Davidson restated a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.18.

Key Uber Technologies News

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

• Positive Sentiment: Uber is deepening its use of artificial intelligence inside the company, with its CTO saying the firm embedded AI engineers in HR, finance, and legal and is building “agentic pods” to improve efficiency. That suggests potential operating leverage and lower internal costs over time. Uber’s CTO embedded its top AI engineers in HR, finance, and legal, and found better ways to build
• Positive Sentiment: Recent commentary says Uber’s gross bookings strength, driven by Mobility, Delivery, Uber One, and app upgrades, could help support second-quarter results, which is encouraging for investors looking for continued growth momentum. Will Gross Booking Strength Give a Boost to Uber’s Results in Q2?
• Positive Sentiment: Wall Street remains broadly constructive on Uber, with multiple recent Buy/Overweight ratings and a median price target above the current trading range, reinforcing a bullish longer-term view. Is It Worth Investing in Uber (UBER) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Uber continues to be in the broader autonomous-vehicle discussion, with social-media attention on robotaxis and reports about AI vehicles affecting driver earnings. This keeps the long-term narrative active, but it also highlights uncertainty around how autonomy could affect driver economics and the ride-hailing model. Uber Technologies Stock (UBER) Opinions on AI Vehicles Impacting Driver Earnings
• Neutral Sentiment: Competitive robotaxi developments from Waymo also remain relevant for Uber, but this is more of an industry backdrop than a direct company-specific catalyst today. Waymo Widens Lead Over Tesla, Expands Robotaxis To Four New Cities
• Negative Sentiment: Autonomy headlines can also raise concerns that robotaxis could pressure driver earnings and eventually alter Uber’s core marketplace economics, which is a risk investors continue to watch. Uber Technologies Stock (UBER) Opinions on AI Vehicles Impacting Driver Earnings

Uber Technologies Price Performance

Shares of NYSE UBER opened at $74.31 on Friday. The stock has a fifty day moving average price of $72.99 and a 200 day moving average price of $75.43. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. 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 has a market cap of $151.28 billion, a PE ratio of 18.53, a P/E/G ratio of 6.25 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the company posted $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

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.