IPG Investment Advisors LLC Trims Position in Uber Technologies, Inc. $UBER

Key Points

• IPG Investment Advisors LLC reduced its Uber stake by 29.4% in the fourth quarter, selling 19,740 shares and leaving it with 47,477 shares worth about $3.88 million.
• Analyst sentiment remains mostly positive on Uber, with an average Moderate Buy rating and a consensus price target of $104.97, though some firms have recently issued hold or neutral views.
• Uber’s latest quarter showed EPS of $0.72, beating estimates, while revenue rose 14.5% year over year to $13.20 billion; the company also faces mixed near-term headlines, including expansion efforts and scrutiny over AI spending and customer complaints.

IPG Investment Advisors LLC cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 29.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,477 shares of the ride-sharing company's stock after selling 19,740 shares during the quarter. IPG Investment Advisors LLC's holdings in Uber Technologies were worth $3,879,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in Uber Technologies during the 4th quarter worth approximately $28,000. Imprint Wealth LLC purchased a new position in Uber Technologies during the 3rd quarter worth approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Uber Technologies during the 3rd quarter valued at approximately $34,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on UBER shares. Wells Fargo & Company lifted their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. TD Cowen started coverage on shares of Uber Technologies in a report on Monday, May 11th. They set a "hold" rating for the company. Wedbush cut their target price on shares of Uber Technologies from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Thursday, February 5th. Mizuho cut their target price on shares of Uber Technologies from $130.00 to $110.00 and set an "outperform" rating for the company in a report on Thursday, February 5th. Finally, Royal Bank Of Canada started coverage on shares of Uber Technologies in a report on Monday, May 11th. They set an "outperform" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $104.97.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber increased its stake in Delivery Hero to 36.83% and boosted its voting rights to 24.99%, reinforcing takeover expectations and signaling an aggressive push into global food delivery. Uber Grabs Bigger Delivery Hero Stake to Edge Closer to Takeover
• Positive Sentiment: Uber was mentioned in reports about a strategic partnership with Mews that embeds Uber ride-booking and billing into hotel software, which could expand distribution and create new enterprise demand. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber also saw unusually heavy call buying, which can reflect traders positioning for further upside after the recent takeover news.
• Neutral Sentiment: Jim Cramer named Uber among stocks he would buy, adding a small sentiment boost but no direct business catalyst. Cramer On DoorDash: 'They Just Want Semis' — Uber, Reddit, Zscaler Caught In The Same Rotation
• Neutral Sentiment: Uber and JSW announced a collaboration to speed EV adoption in India, which supports the company’s mobility strategy but is not a major near-term earnings driver. JSW and Uber partner to accelerate EV adoption in India
• Negative Sentiment: Uber is facing renewed scrutiny over its AI spending, with executives questioning whether rapid costs are producing enough customer value, which raises margin concerns. Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
• Negative Sentiment: Consumer complaints about Uber One membership charges and a report questioning Uber’s insurance disclosures add reputational and regulatory overhang. Upset Uber customers charged for monthly memberships they say they never signed up for

Uber Technologies Price Performance

Shares of NYSE UBER opened at $70.79 on Thursday. The firm has a market cap of $144.09 billion, a PE ratio of 17.65, a PEG ratio of 5.96 and a beta of 1.16. The firm has a fifty day moving average of $73.98 and a 200 day moving average of $78.74. 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 one year low of $68.46 and a one year high of $101.99.

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

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.81% of the company's stock.

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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