Fairvoy Private Wealth LLC Trims Holdings in Uber Technologies, Inc. $UBER

Key Points

• Fairvoy Private Wealth LLC cut its Uber stake by 31.5% in the first quarter, selling 19,821 shares and leaving it with 43,028 shares worth about $3.1 million.
• Uber shares were down 2.3% in Friday trading to $72.15, with the stock still below its 50-day and 200-day moving averages and near its 52-week low.
• Uber’s latest earnings beat EPS expectations at $0.72 versus $0.69, while revenue rose 14.5% year over year to $13.2 billion; analysts currently rate the stock a Moderate Buy with a consensus target of $104.97.

Fairvoy Private Wealth LLC decreased its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 31.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,028 shares of the ride-sharing company's stock after selling 19,821 shares during the quarter. Fairvoy Private Wealth LLC's holdings in Uber Technologies were worth $3,095,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Fiduciary Alliance LLC boosted its position in Uber Technologies by 9.1% in the first quarter. Fiduciary Alliance LLC now owns 10,378 shares of the ride-sharing company's stock valued at $802,000 after buying an additional 865 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in Uber Technologies by 7.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 170,576 shares of the ride-sharing company's stock worth $12,270,000 after buying an additional 12,186 shares during the last quarter. Cardinal Point Capital Management ULC raised its position in Uber Technologies by 53.1% during the 1st quarter. Cardinal Point Capital Management ULC now owns 18,158 shares of the ride-sharing company's stock worth $1,306,000 after buying an additional 6,298 shares during the last quarter. Watchman Group Inc. lifted its stake in Uber Technologies by 8.7% during the 1st quarter. Watchman Group Inc. now owns 49,391 shares of the ride-sharing company's stock valued at $3,553,000 after acquiring an additional 3,952 shares during the period. Finally, Breakwater Capital Group acquired a new stake in Uber Technologies during the 1st quarter valued at approximately $311,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Down 2.3%

Shares of Uber Technologies stock opened at $72.15 on Friday. The firm has a 50-day simple moving average of $73.43 and a two-hundred day simple moving average of $76.11. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The company has a market cap of $146.87 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 6.28 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to analysts' expectations of $13.28 billion. During the same period last year, the firm earned $0.83 EPS. The company's quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber announced a broader Uber Eats marketplace with new retail partners such as Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet, expanding the platform into beauty, office supplies, sporting goods, and pet products. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Market reaction to the Uber Eats expansion was upbeat, with multiple reports saying the stock moved higher as investors cheered the move and saw it as a technical breakout above key moving averages. Uber Shares Higher After Uber Eats Expands Non-Food Options
• Positive Sentiment: Analysts and commentators pointed to Uber’s growing delivery and mobility businesses, including 25% gross bookings growth and the launch of an autonomous vehicle unit, as evidence of continued underlying business strength. Uber's Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?
• Positive Sentiment: Uber drew additional bullish attention after a filing showed new call-option purchases tied to the stock, suggesting some investors are positioning for more upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Several pieces highlighted Uber’s expansion in Europe and the potential for London robotaxis, but these developments remain dependent on regulatory approvals and are not yet near-term revenue drivers. The Lime IPO Offers Excitement, but This Stock Will Be the Better Long-Term Moneymaker
• Negative Sentiment: Some coverage said Uber’s stock is still trading near 52-week lows despite strong earnings and booking growth, with investors worried that autonomous-vehicle competition and execution risks could keep pressure on the shares. Uber (UBER) Stock Slides Despite Strong Q1 Earnings: What Investors Need to Know

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on UBER. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. BTIG Research restated a "buy" rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. UBS Group downgraded shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research report on Monday, May 11th. Piper Sandler upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. increased their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $104.97.

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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