Sigma Planning Corp Cuts Stock Position in Uber Technologies, Inc. $UBER

Key Points

• Sigma Planning Corp reduced its Uber stake by 36% in the first quarter, selling 28,485 shares and leaving it with 50,658 shares valued at about $3.64 million.
• Uber reported Q1 EPS of $0.72, topping estimates, while revenue rose 14.5% year over year to $13.20 billion. The company also guided Q2 2026 EPS to $0.78-$0.82.
• Analyst sentiment remains mostly constructive, with a consensus rating of Moderate Buy and an average price target of $104.18, even though some firms have issued more cautious calls.

Sigma Planning Corp lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 36.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,658 shares of the ride-sharing company's stock after selling 28,485 shares during the period. Sigma Planning Corp's holdings in Uber Technologies were worth $3,644,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies in the 4th quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in Uber Technologies in the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.75 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The business has a 50-day simple moving average of $72.84 and a two-hundred day simple moving average of $75.21. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $148.08 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 6.13 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter last year, the firm posted $0.83 EPS. The business's quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on UBER. Truist Financial raised their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. BNP Paribas Exane downgraded shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a report on Monday, May 11th. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. Finally, Needham & Company LLC restated a "buy" rating and issued a $109.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $104.18.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber’s advanced talks to acquire Delivery Hero could meaningfully expand Uber Eats internationally and strengthen its competitive position against DoorDash. Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
• Positive Sentiment: Analyst coverage remains favorable, with Wells Fargo and BTIG both signaling upside and confidence in Uber’s earnings and growth trajectory. Can Uber (UBER) Keep Growing as Robotaxis Expand? Wells Fargo Thinks So
• Positive Sentiment: Recent commentary highlights improving profitability, with core operating income and subscription growth supporting a stronger long-term cash flow story for Uber. Uber’s $150 Billion Platform Is Entering a New Phase of Profitability
• Neutral Sentiment: Articles debating Uber’s valuation and the impact of automation suggest investors are still weighing whether today’s share price fully reflects future disruption risks. Can Uber Technologies (UBER) Stay Cheap While Automation Risks Grow?
• Negative Sentiment: Some coverage argues Uber is behind Pony AI in robotaxis, reinforcing concerns that autonomous driving could become a tougher competitive battleground over time. Uber vs. Pony AI: Who's Winning the Race in Autonomous Ride-Hailing?

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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