Krilogy Financial LLC Has $6.58 Million Holdings in Uber Technologies, Inc. $UBER

Key Points

• Krilogy Financial LLC increased its Uber stake by 138.2% in the first quarter, ending with 85,970 shares valued at about $6.58 million.
• Institutional interest in Uber remains heavy, with the article noting that 80.24% of the stock is owned by hedge funds and other institutional investors, including large positions from firms like Norges Bank and Capital Research Global Investors.
• Uber’s latest earnings topped EPS expectations, and analysts still see upside with a Moderate Buy consensus and average target price of $104.97, though the stock was recently down about 2.5% amid legal and market concerns.

Krilogy Financial LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 138.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,970 shares of the ride-sharing company's stock after purchasing an additional 49,878 shares during the period. Krilogy Financial LLC's holdings in Uber Technologies were worth $6,575,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Marshall Wace LLP lifted its position in Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock worth $546,919,000 after buying an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock worth $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board acquired a new stake in shares of Uber Technologies during the 4th quarter valued at $265,205,000. Finally, Capital Research Global Investors boosted its stake in shares of Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock valued at $9,270,561,000 after buying an additional 2,903,021 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s involvement in Lime’s IPO could create value for the company, since Uber is a major backer and is expected to buy shares in the offering, potentially boosting the value of its investment. Uber-Backed Bike And Scooter Rental Firm Lime Seeks $1.8 Billion Valuation In IPO
• Positive Sentiment: Analysts continue to point to upside in Uber, citing its scale, profitability, and capital-light approach to autonomous technology, which supports the long-term bull case. SERV vs. UBER: Which Autonomous Delivery Stock is the Better Buy?
• Positive Sentiment: Uber remains linked to growth themes in autonomous delivery and robotaxi development, including partnerships and a future Zurich robotaxi launch, which may help investor sentiment around long-term expansion. Uber Down 29% From Its High. Earnings Up 40%. Wall Street Sees 47% Upside
• Neutral Sentiment: Uber is expanding driver verification efforts in Poland, a sign of operational investment, but this is unlikely to move the stock much on its own. Regula Helps Uber Build a Nationwide Driver Verification Network in Poland
• Negative Sentiment: Several articles highlighted a new shareholder lawsuit accusing Uber’s leadership of prioritizing growth over rider safety and compliance, raising the risk of legal costs, regulatory scrutiny, and reputational damage. Uber investor's suit alleges rider safety took a back seat to the gig-work model
• Negative Sentiment: Uber also lost ground after falling more sharply than the broader market, reflecting broader caution in the name alongside the legal headlines. Uber Technologies (UBER) Falls More Steeply Than Broader Market: What Investors Need to Know

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an "outperform" rating on the stock. Fox Advisors raised Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday, May 11th. Wolfe Research set a $100.00 target price on Uber Technologies in a research note on Friday, May 29th. Wells Fargo & Company raised their price target on Uber Technologies from $95.00 to $102.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Finally, UBS Group lowered Uber Technologies from a "buy" rating to a "neutral" rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $104.97.

Uber Technologies Stock Down 2.5%

Shares of Uber Technologies stock opened at $69.67 on Wednesday. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a 50 day moving average price of $73.41 and a two-hundred day moving average price of $76.37. The stock has a market capitalization of $141.82 billion, a P/E ratio of 17.37, a PEG ratio of 6.07 and a beta of 1.12.

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 business 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 revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts expect 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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