22,454 Shares in Uber Technologies, Inc. $UBER Acquired by Myriad Asset Management Advisors LLC

Myriad Asset Management Advisors LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, Holdings Channel reports. The fund purchased 22,454 shares of the ride-sharing company’s stock, valued at approximately $1,835,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new stake in shares of Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp lifted its position in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after buying an additional 297,132 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Down 2.3%

UBER stock opened at $68.75 on Thursday. The company has a fifty day moving average price of $73.52 and a 200 day moving average price of $77.32. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a market cap of $139.94 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 5.98 and a beta of 1.12. 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 (NYSE:UBER) last released 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 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 the consensus estimate of $13.28 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. Uber Technologies’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 expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UBER. TD Cowen began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. DA Davidson restated a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research report on Tuesday. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research report on Friday, May 29th. Finally, Citizens Jmp restated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.68.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber is continuing to expand its autonomous-ride strategy in Europe, with reported robotaxi pilots in Madrid and Munich that could support long-term growth and margin improvement if the technology scales. Article Title
• Positive Sentiment: Brokerage coverage remains constructive, with Uber receiving an average “Moderate Buy” recommendation, reinforcing confidence in its longer-term earnings outlook. Article Title
• Positive Sentiment: Analysts and commentators continue to highlight Uber as a long-term growth candidate, pointing to upside tied to its scale, platform strength, and autonomy efforts. Article Title
• Neutral Sentiment: Uber Canada helped relaunch an Indigenous Procurement Marketplace, a corporate-social-responsibility initiative that is unlikely to move the stock materially on its own. Article Title
• Negative Sentiment: A new driver study suggests Uber now keeps the majority of ride fares in some cities, which could renew criticism that the company is taking a larger share of driver earnings and potentially invite reputational or regulatory pushback. Article Title
• Negative Sentiment: Competitor Bolt’s expansion into Italy underscores that Uber still faces competitive pressure in European markets, especially in cities with room for disruption. Article Title

Insider Buying and Selling

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 completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is currently owned by company 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.