Epoch Investment Partners Inc. Trims Stock Holdings in Uber Technologies, Inc. $UBER

Epoch Investment Partners Inc. reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 11.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,264,630 shares of the ride-sharing company's stock after selling 297,452 shares during the period. Uber Technologies comprises 1.0% of Epoch Investment Partners Inc.'s portfolio, making the stock its 18th biggest position. Epoch Investment Partners Inc. owned about 0.11% of Uber Technologies worth $162,895,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies during the first quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the third quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Stock Down 4.2%

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. Uber Technologies, Inc. has a 1 year low of $65.56 and a 1 year high of $101.99. The firm's 50-day moving average is $72.16 and its two-hundred day moving average is $74.72. The stock has a market cap of $134.36 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 5.79 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results 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 in the previous year, the business posted $0.83 EPS. The company'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, research analysts expect that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. HSBC downgraded shares of Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. BNP Paribas Exane downgraded shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. Wells Fargo & Company decreased their price target on shares of Uber Technologies from $102.00 to $100.00 and set an "overweight" rating for the company in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. boosted their price target on Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. One 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 issued a Sell rating to the company's stock. According to MarketBeat.com, Uber Technologies has an average rating of "Moderate Buy" and a consensus target price of $104.65.

Key Stories 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

Uber Technologies 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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