Graham Capital Management L.P. Decreases Holdings in Uber Technologies, Inc. $UBER

Key Points

• Graham Capital Management cut its Uber stake by 19% in the fourth quarter, selling 19,332 shares and leaving it with 82,491 shares valued at about $6.74 million.
• Institutional ownership in Uber remains high, with large investors such as Vanguard, Capital Research, Geode, and Norges Bank either increasing positions or initiating new ones; hedge funds and other institutions own 80.24% of the stock.
• Uber’s latest earnings beat EPS expectations, reporting $0.72 per share versus $0.69 expected, while revenue rose 14.5% year over year to $13.2 billion. Analysts currently rate the stock a Moderate Buy with an average price target of $104.97.

Graham Capital Management L.P. trimmed its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,491 shares of the ride-sharing company's stock after selling 19,332 shares during the period. Graham Capital Management L.P.'s holdings in Uber Technologies were worth $6,740,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock valued at $15,729,142,000 after buying an additional 1,670,761 shares in the last quarter. Capital Research Global Investors increased its stake in 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 period. Geode Capital Management LLC increased its stake in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares during the period. Norges Bank purchased a new position in Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp increased its stake in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock worth $1,911,301,000 after purchasing an additional 297,132 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on UBER. Weiss Ratings cut Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday. UBS Group cut Uber Technologies from a "buy" rating to a "neutral" rating in a research note on Monday, May 11th. DA Davidson reaffirmed a "buy" rating and issued a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Citizens Jmp reaffirmed a "market outperform" rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, Raymond James Financial raised Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $104.97.

Key Uber Technologies News

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

• Positive Sentiment: Uber unveiled three new advertising products that use ride, delivery, and shopping data to help brands reach consumers, giving investors a new potential revenue stream and sparking bullish commentary that the stock could be undervalued. Uber (UBER) Stock Could Be 12.4% Undervalued After Its New Advertising Push
• Positive Sentiment: Multiple articles highlighted Uber’s scale, including strong Uber One membership growth, high trip volume, and its robotaxi ambitions, reinforcing the view that the company has several long-term growth levers. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
• Neutral Sentiment: Uber is drawing heavy attention from traders and research platforms, which can increase volatility, but the “trending stock” coverage itself does not add new fundamental information. Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
• Neutral Sentiment: Industry chatter around ride-hailing pricing, including reports that Uber and Lyft can charge widely different fares for similar rides, keeps the company in the spotlight but does not clearly change the near-term earnings outlook. The same ride on Uber and Lyft, 29 different prices: What researchers found when they tested the apps
• Negative Sentiment: Competition in grocery delivery is heating up, with Instacart reporting lower basket costs, which could raise questions about pricing pressure across Uber’s delivery ecosystem. Instacart Leads on Price Cuts as Grocery Delivery Competition Heats Up

Uber Technologies Price Performance

Shares of UBER stock opened at $73.27 on Wednesday. The firm has a market cap of $149.15 billion, a P/E ratio of 18.27, a P/E/G ratio of 6.19 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. The business's 50 day moving average price is $73.47 and its 200-day moving average price is $76.95. 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 (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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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