Armistice Capital LLC Boosts Stake in Uber Technologies, Inc. $UBER

Armistice Capital LLC grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 134.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 282,734 shares of the ride-sharing company's stock after buying an additional 162,153 shares during the quarter. Armistice Capital LLC's holdings in Uber Technologies were worth $23,102,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in UBER. Norges Bank purchased a new position in Uber Technologies in the 4th quarter worth $2,515,094,000. Marshall Wace LLP boosted its stake in shares of Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock valued at $546,919,000 after purchasing an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock valued at $776,883,000 after purchasing an additional 5,293,822 shares in the last quarter. Capital Research Global Investors boosted its stake 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 valued at $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Finally, Egerton Capital UK LLP bought a new stake in Uber Technologies during the fourth quarter worth about $219,079,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Guggenheim reissued a "buy" rating on shares of Uber Technologies in a report on Tuesday, June 9th. Citigroup reissued a "market outperform" rating on shares of Uber Technologies in a report on Tuesday, May 26th. BNP Paribas Exane cut shares of Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Finally, Fox Advisors raised shares of Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $104.97.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $70.97 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a fifty day moving average price of $73.44 and a 200 day moving average price of $76.85. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The firm has a market cap of $144.47 billion, a price-to-earnings ratio of 17.70, a P/E/G ratio of 6.23 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) 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 net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the business earned $0.83 earnings per share. Uber Technologies's quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber announced it will expand its robotaxi partnership with Lucid and Nuro into Houston in 2027, with Uber operating the network and the partners supplying vehicles and self-driving technology. The move suggests Uber is making concrete progress toward scaling its autonomous ride-hailing strategy, which could support long-term growth. Article Title
• Positive Sentiment: Uber also unveiled a broader autonomous-driving partnership with Stellantis and Wayve to deploy Level 4 robotaxis globally. That adds another route for Uber to deepen its role in self-driving mobility and potentially expand its platform economics over time. Article Title
• Positive Sentiment: Uber and WeRide announced plans to launch commercial robotaxi service in Zurich later this year, expanding the companies’ European footprint after Madrid. The ongoing international rollout reinforces Uber’s autonomous mobility ambitions. Article Title
• Neutral Sentiment: Uber’s stock was also hit by headlines about an investigation into “fictitious discounts” and dynamic pricing, which could keep regulatory and consumer-trust concerns in focus if the issue gains traction. Article Title
• Neutral Sentiment: A separate report said Uber’s latest advertising products could make the stock look undervalued, but that story is more of a valuation argument than an immediate catalyst. Article Title
• Negative Sentiment: Zacks reported that Uber Technologies (UBER) declined more than the broader market in the latest session, reflecting that the positive robotaxi news has not yet fully offset near-term pressure on the shares. Article Title

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.

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