Uber Technologies, Inc. $UBER Stake Reduced by Arax Advisory Partners

Key Points

• Arax Advisory Partners cut its Uber stake by 47.6% in the fourth quarter, selling 19,122 shares and leaving it with 21,072 shares worth about $1.72 million.
• Institutional ownership in Uber remains high at 80.24%, and several large investors added to their positions, including Norges Bank and Capital Research Global Investors.
• Uber’s recent operating results and analyst coverage remain solid: the company beat Q1 EPS estimates, posted 14.5% revenue growth, and Wall Street maintains a Moderate Buy consensus with an average price target of $104.97.

Arax Advisory Partners reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 47.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,072 shares of the ride-sharing company's stock after selling 19,122 shares during the quarter. Arax Advisory Partners' holdings in Uber Technologies were worth $1,722,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UBER. Norges Bank bought a new position in Uber Technologies during the 4th quarter worth $2,515,094,000. Marshall Wace LLP boosted its position in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock worth $546,919,000 after acquiring an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Uber Technologies by 129.7% during 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 acquiring an additional 5,293,822 shares during the period. Capital Research Global Investors boosted its position in 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 worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Finally, Egerton Capital UK LLP acquired a new position in Uber Technologies during the 4th quarter worth $219,079,000. 80.24% of the stock is currently owned by institutional investors.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Recent commentary says Uber’s core business remains strong, citing 3.6 billion trips, 199 million monthly active consumers, and 50 million Uber One members contributing about half of gross bookings. Will Uber Hit $100 This Year?
• Positive Sentiment: Zacks highlighted Uber as one of the stocks to watch in the gig economy, reinforcing the view that its scale and diversification make it a leading play in ride-hailing and delivery. Must-Watch Stocks to Make the Most of the Gig Economy's Popularity
• Positive Sentiment: Another note argued Uber has an edge versus Grab because of its global scale, diversification, and valuation support, which could help sustain investor confidence. UBER vs. GRAB: Which Ride-Hailing Stock Has an Edge at Present?
• Positive Sentiment: Wall Street sentiment remains supportive, with recent buy/overweight ratings and a median price target well above the current share price, suggesting analysts still see meaningful upside. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline
• Neutral Sentiment: One article questioned whether Uber can reach $100 this year, noting the company’s strong operating metrics but also that the stock has lagged recently, underscoring a debate between fundamentals and market sentiment. Will Uber Hit $100 This Year?
• Negative Sentiment: A separate analysis warned that macro volatility is pressuring platform valuations and that Uber’s robotaxi ambitions and broader “platform multiple” thesis may be facing investor skepticism. Forget Uber: As Macro Volatility Cracks Platform Multiples, This Profitable Digital Fortress Is The Better Buy
• Negative Sentiment: Social chatter noted Uber’s shares have fallen year to date, with some investors questioning whether spending on robotaxi technology and other initiatives is weighing on the stock. Uber Technologies Stock (UBER) Opinions on Recent Share Price Decline

Analyst Ratings Changes

A number of brokerages have issued reports on UBER. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday. Citigroup reiterated a "market outperform" rating on shares of Uber Technologies in a research report on Tuesday, May 26th. Wells Fargo & Company boosted their price target on Uber Technologies from $95.00 to $102.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Truist Financial boosted their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Fox Advisors upgraded Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and an average target price of $104.97.

Uber Technologies Trading Up 5.8%

Shares of Uber Technologies stock opened at $72.85 on Tuesday. 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 firm has a market cap of $148.29 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. The business has a fifty day simple moving average of $73.44 and a 200-day simple moving average of $77.04. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during 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 company's revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Uber Technologies Company 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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