Cornerstone Wealth Group LLC Acquires 21,727 Shares of Uber Technologies, Inc. $UBER

Cornerstone Wealth Group LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 24.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,961 shares of the ride-sharing company’s stock after buying an additional 21,727 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Uber Technologies were worth $8,418,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth about $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at approximately $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at approximately $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the 4th quarter worth approximately $27,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $76.09 on Friday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a market cap of $154.90 billion, a P/E ratio of 18.98, a P/E/G ratio of 6.48 and a beta of 1.12. The business’s 50 day moving average is $73.40 and its two-hundred day moving average is $76.11. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 41.40% and a net margin of 15.91%.Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on UBER shares. Tigress Financial upped their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. DA Davidson restated a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Wells Fargo & Company raised their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Uber Technologies News Summary

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

• Positive Sentiment: Uber avoided a costly California ballot fight after Gov. Gavin Newsom signed a deal with trial lawyers, reducing a major legal overhang and limiting the chance of a $50 million campaign battle. Uber Scores Last-Minute Win As Gavin Newsom Signs Deal That Ends $50 Million California Ballot Showdown
• Positive Sentiment: BTIG reaffirmed its buy rating on Uber and raised its price target to $100, signaling confidence in further upside from current levels. Benzinga report on BTIG rating
• Positive Sentiment: Recent coverage highlights Uber’s expanding food-delivery and retail push, including non-food categories that could help broaden transaction volume and support growth beyond rides. UBER Expands Its Food Delivery Business: Is it a Growth Catalyst?
• Neutral Sentiment: Analysts say Uber’s robotaxi strategy could take years to pay off, and Waymo remains dominant in U.S. autonomous ride-hailing, which tempers near-term enthusiasm. Uber’s Robotaxi Vision Could Take Years To Play Out: Analyst
• Neutral Sentiment: Uber enacted stricter driver background checks after reporting by The New York Times, a move that may improve safety optics but also underscores ongoing scrutiny around platform trust and compliance. Uber Enacts Stricter Background Checks for Drivers
• Neutral Sentiment: OpenAI hiring Uber’s India chief is a talent-related headline, but it does not appear to have a direct near-term impact on Uber’s business or stock. OpenAI poaches Uber India chief
• Negative Sentiment: Some coverage is still focused on the long timeline and uncertainty around Uber’s autonomous-vehicle ambitions, which can weigh on sentiment even when core ride and delivery businesses are performing well. Uber’s robotaxi vision could take years to play out: Analyst

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.