Clare Market Investments LLC Invests $5.78 Million in Uber Technologies, Inc. $UBER

Key Points

• Clare Market Investments LLC initiated a new position in Uber Technologies during the first quarter, buying 80,385 shares valued at about $5.78 million. The stake represents 1.2% of the firm’s portfolio.
• Uber reported better-than-expected earnings for the latest quarter, with EPS of $0.72 versus estimates of $0.69, while revenue rose 14.5% year over year to $13.20 billion. The company also issued Q2 guidance of $0.78 to $0.82 EPS.
• Analyst sentiment remains generally positive, with a Moderate Buy consensus and average price target of $104.49, though HSBC recently downgraded the stock to reduce. Other firms, including JPMorgan and Needham, kept bullish ratings and raised or reiterated higher targets.

Clare Market Investments LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 80,385 shares of the ride-sharing company's stock, valued at approximately $5,782,000. Uber Technologies comprises 1.2% of Clare Market Investments LLC's portfolio, making the stock its 16th largest holding.

Several other large investors have also added to or reduced their stakes in the business. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies during the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter worth $27,000. Institutional investors own 80.24% of the company's stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $73.70 on Tuesday. The company's 50-day moving average is $73.05 and its 200 day moving average is $75.54. 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 company has a market capitalization of $150.03 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 6.32 and a beta of 1.12. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99.

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 analysts' consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. HSBC cut Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. JPMorgan Chase & Co. upped their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Uber Technologies in a report on Monday, June 1st. Needham & Company LLC reissued a "buy" rating and set a $109.00 price target on shares of Uber Technologies in a research report on Thursday, May 7th. Finally, DA Davidson restated a "buy" rating and set a $107.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $104.49.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber is getting a more bullish long-term view from investors who see the company as a beneficiary of the robotaxi rollout, since it can partner with autonomous vehicle makers instead of spending heavily on its own self-driving R&D. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Wells Fargo kept an overweight rating on Uber while raising its price target to $100, reinforcing expectations for upside from current levels. Uber price target update
• Neutral Sentiment: Uber was added to several Russell value benchmarks, including the Russell 1000 Value, which could affect index-fund ownership and trading flows, but the move is mainly a classification change rather than a direct business catalyst. Uber Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Uber CEO Dara Khosrowshahi stepped down from Grab’s board, which appears to be more of a governance/board-change story than a direct operating issue for Uber. Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
• Negative Sentiment: Uber paused most planned Uber Eats expansion in Europe and is shifting focus toward a possible Delivery Hero acquisition, raising questions about execution, capital allocation, and European regulatory risk. Uber Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Recent reports that Uber’s insurance charges varied by ride, even on the same route and driver, may keep attention on pricing consistency and operational transparency. Uber's Insurance Charges Varied By Ride Despite The Same Route And Driver, Study Finds

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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