Uber Technologies, Inc. $UBER Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 8.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,371,542 shares of the ride-sharing company’s stock after purchasing an additional 273,976 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Uber Technologies were worth $242,515,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies during the 4th quarter valued at about $25,000. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $25,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies in the third quarter worth approximately $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies in the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. Truist Financial upped their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $104.97.

Uber Technologies Stock Up 5.3%

Shares of Uber Technologies stock opened at $76.09 on Friday. The stock has a market capitalization of $154.90 billion, a P/E ratio of 18.98, a PEG ratio of 6.48 and a beta of 1.12. 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 stock has a 50 day moving average price of $73.40 and a two-hundred day moving average price 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) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 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 company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The company’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. Equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies News Summary

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 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.