SteelPeak Wealth LLC Buys 9,176 Shares of Uber Technologies, Inc. $UBER

SteelPeak Wealth LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 11.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,756 shares of the ride-sharing company’s stock after buying an additional 9,176 shares during the quarter. SteelPeak Wealth LLC’s holdings in Uber Technologies were worth $6,672,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in UBER. Brighton Jones LLC lifted its stake in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC increased its position in Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in Uber Technologies during the 1st quarter valued at approximately $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies during the 2nd quarter worth approximately $842,000. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber’s planned acquisition of Delivery Hero is expected to nearly double its global delivery footprint, strengthen its international food-delivery business, and improve scale, pricing power and margin potential. Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
• Positive Sentiment: Uber Eats is also expanding beyond meals, with new retail delivery partnerships including GameStop, Foot Locker, Kids Foot Locker and Champs Sports, broadening the company’s delivery mix and potential transaction volume. Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $91 price target, signaling confidence that Uber’s core business and new delivery consolidation could support further upside. Benzinga coverage of Wedbush initiation
• Neutral Sentiment: Reports also framed the deal as part of broader sector consolidation, with investors weighing whether the acquisition is a smart capital-allocation move versus the integration and regulatory risk that comes with such a large international transaction. Reuters: Uber launches $14.8 billion takeover bid for Delivery Hero
• Negative Sentiment: Some commentary notes the market may be cautious because the deal is large and expensive, and because investors are watching for dilution, execution risk and regulatory scrutiny before fully rewarding the stock. Barron’s: Uber Makes Biggest-Ever Deal With $15 Billion Acquisition and the Stock Isn’t Budging

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research report on Friday, May 29th. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research note on Thursday. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Finally, HSBC cut shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.65.

Uber Technologies Trading Up 1.8%

UBER opened at $73.96 on Friday. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market cap of $150.55 billion, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 6.18 and a beta of 1.12. The company has a fifty day moving average price of $72.78 and a two-hundred day moving average price of $75.16.

Uber Technologies (NYSE:UBER) last announced 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 firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter 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. Analysts predict 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.