GC Wealth Management RIA LLC Has $6.73 Million Stock Holdings in Uber Technologies, Inc. $UBER

GC Wealth Management RIA LLC boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 25.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,519 shares of the ride-sharing company's stock after acquiring an additional 18,855 shares during the period. GC Wealth Management RIA LLC's holdings in Uber Technologies were worth $6,727,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies in the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new position in Uber Technologies in the fourth quarter worth $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies during the third quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the fourth quarter worth $27,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $68.97 on Friday. The stock has a market capitalization of $140.39 billion, a price-to-earnings ratio of 17.20, a P/E/G ratio of 5.91 and a beta of 1.12. The firm's 50-day moving average price is $72.35 and its two-hundred day moving average price is $74.78. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous 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 analysts predict that Uber Technologies, Inc. will post 2.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UBER shares. BNP Paribas Exane downgraded shares of Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Needham & Company LLC reissued a "buy" rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. UBS Group cut shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research note on Monday, May 11th. Guggenheim reiterated a "buy" rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Uber Technologies in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus 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:

• Positive Sentiment: Uber won a court injunction blocking a New York City law that would have restricted how quickly it can deactivate drivers, preserving flexibility in a key market and reducing regulatory risk. Uber Wins Court Injunction Over New York Driver Deactivation Law
• Positive Sentiment: Bill Ackman said Tesla robotaxi fears may be creating a “very cheap” buying opportunity in Uber, which could support investor sentiment around Uber’s long-term valuation. Bill Ackman Says Tesla Robotaxi Fears Are Creating a Very Cheap Buying Opportunity for UBER
• Neutral Sentiment: Uber reportedly invested in former co-founder Travis Kalanick’s $1.7 billion Atoms funding round, a notable AI/robotics development but not a direct near-term operating catalyst for Uber. Travis Kalanick’s Atoms Secures Funding
• Negative Sentiment: Uber cut 10% of customer service jobs and asked some remote employees to return to the office, reinforcing concerns about restructuring disruption even as it touts AI efficiency gains. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Multiple reports highlight that Uber is trimming staff for the second time in two months, which can signal slowing internal growth or pressure to control costs. Uber Cuts 10% of Customer Service Jobs to ‘Embrace’ AI

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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