Uber Technologies, Inc. $UBER Stock Position Raised by Capital Research Global Investors

Key Points

• Capital Research Global Investors increased its Uber stake by 2.6% in the fourth quarter, bringing its holdings to 113.5 million shares worth about $9.27 billion. Uber remains one of the fund’s largest positions, representing roughly 1.7% of its portfolio.
• Wall Street sentiment on Uber is still broadly positive, with analysts assigning a Moderate Buy consensus and an average price target of $104.68. Recent firms including DA Davidson, BTIG, Wolfe Research, and JPMorgan maintained or raised bullish targets, though UBS downgraded the stock to neutral.
• Uber’s latest quarter beat EPS expectations, and the company continues to push cost discipline and autonomy investments. Management said AI is boosting productivity enough to slow hiring, while Uber is also making a major bet on robotaxis through its investment in Nuro.

Capital Research Global Investors boosted its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,456,376 shares of the ride-sharing company's stock after purchasing an additional 2,903,021 shares during the quarter. Uber Technologies comprises approximately 1.7% of Capital Research Global Investors' portfolio, making the stock its 10th biggest holding. Capital Research Global Investors owned approximately 5.46% of Uber Technologies worth $9,270,561,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UBER. Rhumbline Advisers grew its position in Uber Technologies by 1.1% during the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company's stock valued at $365,479,000 after acquiring an additional 42,278 shares during the last quarter. Longbow Finance SA grew its position in Uber Technologies by 51.8% during the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company's stock valued at $11,001,000 after acquiring an additional 38,304 shares during the last quarter. Vanguard Group Inc. grew its position in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC bought a new position in Uber Technologies during the fourth quarter valued at approximately $1,220,000. Finally, Varma Mutual Pension Insurance Co grew its position in Uber Technologies by 13.8% during the third quarter. Varma Mutual Pension Insurance Co now owns 297,892 shares of the ride-sharing company's stock valued at $29,184,000 after acquiring an additional 36,100 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UBER. DA Davidson restated a "buy" rating and issued a $107.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. BTIG Research restated a "buy" rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a report on Friday, May 29th. UBS Group cut shares of Uber Technologies from a "buy" rating to a "neutral" rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $104.68.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company 'Blew' Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
• Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
• Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
• Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
• Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.81% of the stock is currently owned by company insiders.

Uber Technologies Stock Down 1.9%

Shares of Uber Technologies stock opened at $70.84 on Friday. 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 52-week low of $68.46 and a 52-week high of $101.99. The stock has a market capitalization of $144.21 billion, a price-to-earnings ratio of 17.67, a P/E/G ratio of 6.01 and a beta of 1.12. The company's 50 day moving average price is $73.53 and its 200-day moving average price is $77.80.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings results 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 for 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%. The firm's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

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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