Cetera Investment Advisers Buys 20,683 Shares of Uber Technologies, Inc. $UBER

Key Points

• Cetera Investment Advisers increased its Uber stake by 2.3% in the first quarter, buying 20,683 additional shares and bringing its total holdings to 934,094 shares worth about $67.2 million.
• Institutional ownership remains very high, with hedge funds and other large investors holding about 80.24% of Uber’s stock. Several firms recently boosted positions, including major additions from Norges Bank and Marshall Wace LLP.
• Uber’s fundamentals and analyst sentiment are mixed but generally positive: the company beat EPS expectations in its latest quarter, guided Q2 2026 EPS above prior results, and Wall Street has a consensus “Moderate Buy” rating with a target price of $104.65.

Cetera Investment Advisers grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 2.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 934,094 shares of the ride-sharing company's stock after buying an additional 20,683 shares during the period. Cetera Investment Advisers' holdings in Uber Technologies were worth $67,189,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of UBER. Norges Bank acquired a new position in shares of Uber Technologies in the 4th quarter valued at $2,515,094,000. Marshall Wace LLP boosted its stake in shares of Uber Technologies by 1,462.2% in 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% in 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. Employees Provident Fund Board bought a new stake in shares of Uber Technologies in the 4th quarter worth about $265,205,000. Finally, Capital Research Global Investors grew its holdings 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 purchasing an additional 2,903,021 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on UBER shares. DA Davidson reissued a "buy" rating and set a $107.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. Royal Bank Of Canada assumed coverage on Uber Technologies in a report on Monday, May 11th. They issued an "outperform" rating on the stock. Truist Financial raised their price target on Uber Technologies from $108.00 to $112.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Finally, Macquarie Infrastructure upgraded Uber Technologies to an "outperform" rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $104.65.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $66.00 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50 day simple moving average of $72.16 and a 200 day simple moving average of $74.72. Uber Technologies, Inc. has a fifty-two week low of $65.56 and a fifty-two week high of $101.99. The firm has a market cap of $134.36 billion, a P/E ratio of 16.46, a P/E/G ratio of 5.79 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate 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 prior year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Negative Sentiment: Waymo is reportedly exploring a breakup with Uber, potentially ending a partnership that put Waymo robotaxis on Uber’s network in Austin and Atlanta. If Waymo pulls back, it could weaken Uber’s autonomous-vehicle strategy and raise concerns about competitive pressure in robotaxi ride-hailing. Waymo reportedly mulling a breakup with Uber
• Negative Sentiment: The Financial Times reported that the Uber-Waymo relationship has soured amid lobbying battles over autonomous vehicle rollout, adding uncertainty around a high-profile partnership investors viewed as strategically important. Waymo explores split with Uber as robotaxi tensions deepen
• Negative Sentiment: Uber said it is cutting 10% of customer service jobs as it expands AI use. While the move may support long-term efficiency, layoffs can signal near-term operational disruption and were cited in reports as a reason the stock weakened. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Several follow-up reports echoed the same workforce reduction, reinforcing the market’s focus on Uber’s cost cuts and AI transition rather than near-term growth catalysts. Uber Slashes 10% of Customer Service Workforce in AI Push
• Neutral Sentiment: Uber also won a court injunction against a New York City driver deactivation law, preserving flexibility in how it manages drivers in a key market; this is supportive for operations, but it is less likely to drive immediate stock action than the Waymo headlines. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
• Neutral Sentiment: Separately, Uber was mentioned as a backer of Travis Kalanick’s new robotics venture, but that investment appears more thematic than directly material to Uber’s core earnings outlook. Anthony Levandowski... lands a role in Travis Kalanick's $1.7B robotics venture

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.

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