Talon Private Wealth LLC Takes Position in Uber Technologies, Inc. $UBER

Talon Private Wealth LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,747 shares of the ride-sharing company’s stock, valued at approximately $773,000.

Several other large investors have also recently added to or reduced their stakes in UBER. Vanguard Group Inc. increased its stake in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing 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% in 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% in 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 acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $2,515,094,000. Finally, Northern Trust Corp boosted its holdings in shares of Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after buying an additional 297,132 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Price Performance

NYSE UBER opened at $71.30 on Thursday. The company has a 50-day moving average price of $71.89 and a two-hundred day moving average price of $74.33. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The stock has a market cap of $145.13 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 5.94 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for 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%.The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies, Inc. will post 2.98 EPS for the current year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Rivian partnership strengthens Uber’s autonomous-vehicle strategy. Uber agreed to invest up to $1.2 billion in Rivian and purchase as many as 50,000 R2 electric vehicles for potential robotaxi use. The deal could give Uber access to a dedicated autonomous fleet and create new revenue opportunities, although the benefits will depend on regulatory approvals and successful deployment. Uber Agrees to Invest up to $1.2 Billion in Rivian and Purchase up to 50,000 R2s
• Positive Sentiment: Uber Eats expanded its grocery network. New partnerships with Busch’s Fresh Food Market, Hays, Lowe’s Market and Piggly Wiggly broaden Uber Eats’ regional reach and could increase order frequency and delivery revenue. Uber Eats Welcomes New Regional Grocery Partners Across the U.S.
• Positive Sentiment: Analysts expect solid second-quarter performance. Forecasts call for gross bookings of approximately $57.3 billion and adjusted EBITDA of $2.77 billion, slightly above consensus estimates. Bank of America reiterated its Buy rating, while broader analyst price targets remain well above the current quotation. Uber autonomous vehicle outlook in focus for Q2 earnings
• Neutral Sentiment: Investors are positioning ahead of Uber’s expected August 5 earnings report. Although earnings are projected to grow, some analysts do not see the usual combination of estimate revisions and surprise factors needed to indicate a likely earnings beat. Uber Technologies Earnings Expected to Grow
• Negative Sentiment: Competitive and execution risks remain. Coverage highlighted Bay Area job cuts and ongoing concerns that Tesla, Waymo and other autonomous-vehicle platforms could challenge Uber’s core ride-hailing model. Uber’s Rivian investment, Atoms commitment and other automation efforts also require substantial capital before producing meaningful returns.

Wall Street Analysts Forecast Growth

UBER has been the topic of several research reports. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. DA Davidson restated a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a research note on Tuesday, May 26th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Truist Financial raised their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.60.

Uber Technologies Company 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.