Northeast Investment Management Has $9.55 Million Stock Holdings in Uber Technologies, Inc. $UBER

Northeast Investment Management trimmed its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,814 shares of the ride-sharing company’s stock after selling 7,708 shares during the quarter. Northeast Investment Management’s holdings in Uber Technologies were worth $9,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Osbon Capital Management LLC bought a new position in Uber Technologies during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter worth $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $28,000. 80.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Royal Bank Of Canada started coverage on Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.97.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber announced a broader Uber Eats marketplace with new retail partners such as Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet, expanding the platform into beauty, office supplies, sporting goods, and pet products. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Market reaction to the Uber Eats expansion was upbeat, with multiple reports saying the stock moved higher as investors cheered the move and saw it as a technical breakout above key moving averages. Uber Shares Higher After Uber Eats Expands Non-Food Options
• Positive Sentiment: Analysts and commentators pointed to Uber’s growing delivery and mobility businesses, including 25% gross bookings growth and the launch of an autonomous vehicle unit, as evidence of continued underlying business strength. Uber’s Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?
• Positive Sentiment: Uber drew additional bullish attention after a filing showed new call-option purchases tied to the stock, suggesting some investors are positioning for more upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Several pieces highlighted Uber’s expansion in Europe and the potential for London robotaxis, but these developments remain dependent on regulatory approvals and are not yet near-term revenue drivers. The Lime IPO Offers Excitement, but This Stock Will Be the Better Long-Term Moneymaker
• Negative Sentiment: Some coverage said Uber’s stock is still trading near 52-week lows despite strong earnings and booking growth, with investors worried that autonomous-vehicle competition and execution risks could keep pressure on the shares. Uber (UBER) Stock Slides Despite Strong Q1 Earnings: What Investors Need to Know

Uber Technologies Stock Down 2.3%

Shares of NYSE:UBER opened at $72.15 on Friday. The business’s 50 day simple moving average is $73.43 and its two-hundred day simple moving average is $76.11. The firm has a market cap of $146.87 billion, a P/E ratio of 17.99, a PEG ratio of 6.28 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, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data 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 return on equity of 41.40% and a net margin of 15.91%.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 previous year, the company posted $0.83 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal 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.