New York State Teachers Retirement System Lowers Holdings in Uber Technologies, Inc. $UBER

New York State Teachers Retirement System reduced its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 0.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,788,056 shares of the ride-sharing company’s stock after selling 9,858 shares during the period. New York State Teachers Retirement System’s holdings in Uber Technologies were worth $128,615,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at about $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies in the 1st quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UBER. HSBC downgraded Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. DA Davidson reaffirmed a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a report on Monday, June 22nd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $104.54.

Read Our Latest Analysis on Uber Technologies

Uber Technologies Stock Up 2.4%

Shares of NYSE UBER opened at $74.39 on Friday. The stock has a market cap of $151.42 billion, a PE ratio of 18.55, a P/E/G ratio of 6.17 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The company has a 50-day moving average of $73.12 and a 200 day moving average of $75.65.

Uber Technologies (NYSE:UBERGet Free Report) last announced 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. 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 analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the company posted $0.83 EPS. The company’s 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. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Stories Impacting Uber Technologies

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

  • Positive Sentiment: Analysts and market commentary continue to point to strong trip volume and gross bookings growth, with price targets still clustering around $100 to $107, implying confidence in Uber’s operating momentum and earnings outlook. Uber Stock (UBER) Opinions on Analyst Upgrades and Growth Metrics
  • Positive Sentiment: Uber’s push into autonomous vehicles remains a key bullish catalyst, with recent partnerships and robotaxi developments reinforcing the story that the company can expand beyond ride-hailing and delivery. Is UBER’s AV Push Reason Enough to Invest in the Stock Currently?
  • Positive Sentiment: Uber-backed Lime’s IPO and public-market interest in micromobility could be viewed as a validation of Uber’s broader mobility ecosystem and strategic investments. Uber-Backed Lime Prices Its Public Debut
  • Neutral Sentiment: Uber’s AI data-labeling unit is undergoing a leadership shakeup, which signals internal restructuring but does not yet clearly change the core investment case. Uber Removes Two Leaders From AI Growth Unit
  • Negative Sentiment: Some commentary highlights ongoing risks from debt, labor unrest, and geopolitical uncertainty, while Waymo’s decision to exit the Uber app in Phoenix underscores that autonomy competition could pressure the long-term robotaxi bull case. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

About Uber Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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