Uber Technologies, Inc. $UBER Shares Sold by Sterling Capital Management LLC

Key Points

• Sterling Capital Management LLC cut its Uber stake by 40.8% in the first quarter, selling 34,414 shares and ending with 49,890 shares worth about $3.59 million.
• Uber’s latest quarterly results beat earnings expectations, posting EPS of $0.72 versus the $0.69 consensus, while revenue rose 14.5% year over year to $13.2 billion. The company also guided Q2 2026 EPS to $0.78-$0.82.
• Analysts remain broadly positive on the stock, with an average rating of Moderate Buy and an average target price of $104.97. Recent commentary has also highlighted upside from Uber’s food-delivery expansion and reduced legal risk after it avoided a costly California ballot fight.

Sterling Capital Management LLC lessened its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 40.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 49,890 shares of the ride-sharing company's stock after selling 34,414 shares during the quarter. Sterling Capital Management LLC's holdings in Uber Technologies were worth $3,589,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the 4th quarter worth about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the 4th quarter worth about $28,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $76.09 on Friday. The stock has a market capitalization of $154.90 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 6.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50-day moving average of $73.40 and a 200 day moving average of $76.11. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for 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 business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on UBER. Tigress Financial upped their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, June 12th. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. Citigroup reissued a "market outperform" rating on shares of Uber Technologies in a research note on Monday, June 22nd. BNP Paribas Exane lowered shares of Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Uber Technologies in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $104.97.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber avoided a costly California ballot fight after Gov. Gavin Newsom signed a deal with trial lawyers, reducing a major legal overhang and limiting the chance of a $50 million campaign battle. Uber Scores Last-Minute Win As Gavin Newsom Signs Deal That Ends $50 Million California Ballot Showdown
• Positive Sentiment: BTIG reaffirmed its buy rating on Uber and raised its price target to $100, signaling confidence in further upside from current levels. Benzinga report on BTIG rating
• Positive Sentiment: Recent coverage highlights Uber’s expanding food-delivery and retail push, including non-food categories that could help broaden transaction volume and support growth beyond rides. UBER Expands Its Food Delivery Business: Is it a Growth Catalyst?
• Neutral Sentiment: Analysts say Uber’s robotaxi strategy could take years to pay off, and Waymo remains dominant in U.S. autonomous ride-hailing, which tempers near-term enthusiasm. Uber's Robotaxi Vision Could Take Years To Play Out: Analyst
• Neutral Sentiment: Uber enacted stricter driver background checks after reporting by The New York Times, a move that may improve safety optics but also underscores ongoing scrutiny around platform trust and compliance. Uber Enacts Stricter Background Checks for Drivers
• Neutral Sentiment: OpenAI hiring Uber’s India chief is a talent-related headline, but it does not appear to have a direct near-term impact on Uber’s business or stock. OpenAI poaches Uber India chief
• Negative Sentiment: Some coverage is still focused on the long timeline and uncertainty around Uber’s autonomous-vehicle ambitions, which can weigh on sentiment even when core ride and delivery businesses are performing well. Uber's robotaxi vision could take years to play out: Analyst

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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