Everest Financial Group LLC lifted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 27.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,799 shares of the ride-sharing company’s stock after acquiring an additional 20,166 shares during the period. Uber Technologies accounts for approximately 1.1% of Everest Financial Group LLC’s holdings, making the stock its 26th biggest position. Everest Financial Group LLC’s holdings in Uber Technologies were worth $6,675,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in UBER. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the 4th quarter valued at $25,000. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies during the 4th quarter valued at $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the 3rd quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter worth $27,000. 80.24% of the stock is currently owned by institutional investors.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Waymo is reportedly exploring a breakup with Uber, potentially ending a partnership that put Waymo robotaxis on Uber’s network in Austin and Atlanta. If Waymo pulls back, it could weaken Uber’s autonomous-vehicle strategy and raise concerns about competitive pressure in robotaxi ride-hailing. Waymo reportedly mulling a breakup with Uber
- Negative Sentiment: The Financial Times reported that the Uber-Waymo relationship has soured amid lobbying battles over autonomous vehicle rollout, adding uncertainty around a high-profile partnership investors viewed as strategically important. Waymo explores split with Uber as robotaxi tensions deepen
- Negative Sentiment: Uber said it is cutting 10% of customer service jobs as it expands AI use. While the move may support long-term efficiency, layoffs can signal near-term operational disruption and were cited in reports as a reason the stock weakened. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
- Negative Sentiment: Several follow-up reports echoed the same workforce reduction, reinforcing the market’s focus on Uber’s cost cuts and AI transition rather than near-term growth catalysts. Uber Slashes 10% of Customer Service Workforce in AI Push
- Neutral Sentiment: Uber also won a court injunction against a New York City driver deactivation law, preserving flexibility in how it manages drivers in a key market; this is supportive for operations, but it is less likely to drive immediate stock action than the Waymo headlines. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
- Neutral Sentiment: Separately, Uber was mentioned as a backer of Travis Kalanick’s new robotics venture, but that investment appears more thematic than directly material to Uber’s core earnings outlook. Anthony Levandowski… lands a role in Travis Kalanick’s $1.7B robotics venture
Analysts Set New Price Targets
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Uber Technologies Price Performance
Shares of NYSE:UBER opened at $66.00 on Friday. Uber Technologies, Inc. has a one year low of $65.56 and a one year high of $101.99. The stock has a fifty day moving average of $72.16 and a 200-day moving average of $74.72. The company has a market capitalization of $134.36 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 5.54 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.98 EPS for the current fiscal year.
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.
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