CenterBook Partners LP Grows Stock Holdings in Uber Technologies, Inc. $UBER

CenterBook Partners LP grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 115.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 263,986 shares of the ride-sharing company’s stock after purchasing an additional 141,414 shares during the period. Uber Technologies comprises 1.1% of CenterBook Partners LP’s investment portfolio, making the stock its 18th largest holding. CenterBook Partners LP’s holdings in Uber Technologies were worth $21,570,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter worth $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the third quarter worth $32,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the fourth quarter worth $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth $28,000. Finally, Blueline Advisors LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth $37,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UBER shares. Truist Financial boosted their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. Finally, UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.68.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company ‘Blew’ Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
• Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
• Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
• Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
• Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Uber Technologies Trading Up 0.2%

UBER opened at $70.84 on Monday. The stock has a market capitalization of $144.21 billion, a PE ratio of 17.67, a P/E/G ratio of 6.01 and a beta of 1.12. The firm’s fifty day moving average price is $73.53 and its 200 day moving average price is $77.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.

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, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.81% of the stock is owned by corporate insiders.

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.