Vertrix Wealth Management LLC Buys Shares of 19,135 Uber Technologies, Inc. $UBER

Vertrix Wealth Management LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER) during the 1st quarter, Holdings Channel reports. The firm bought 19,135 shares of the ride-sharing company’s stock, valued at approximately $1,376,000.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its stake in shares of Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC increased its stake in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares during the period. Caxton Associates LLP acquired a new position in shares of Uber Technologies during the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies during the second quarter worth about $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UBER shares. TD Cowen initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating for the company. Needham & Company LLC reiterated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. JPMorgan Chase & Co. raised their price target on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, DA Davidson restated a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.54.

Key Uber Technologies News

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

• Positive Sentiment: Uber-backed Lime completed its U.S. IPO and had a solid Nasdaq debut, suggesting investor appetite for micromobility remains healthy and supporting the value of Uber’s strategic investment in Lime. Uber-backed Lime’s shares rise in Nasdaq debut
• Positive Sentiment: Analysts continue to frame Uber’s core business as strong, with one recent estimate boost for FY2027 earnings pointing to confidence in Uber’s long-term profitability. Uber Technologies stock information
• Neutral Sentiment: Uber is shaking up its AI data-labeling unit by dismissing top leaders, which signals internal restructuring but is not yet clearly material to near-term revenue or earnings. Uber shakes up AI data labeling business, dismissing top leaders
• Negative Sentiment: Waymo ending the Phoenix robotaxi partnership is the main bearish catalyst, because it raises questions about Uber’s autonomous-vehicle strategy and whether future robotaxi growth will be harder to monetize. Uber Ends Waymo Robotaxi Offering In Phoenix
• Negative Sentiment: Several reports say the market is viewing the Waymo split as a setback for Uber’s robotaxi bull case, adding to investor concern that autonomous partners could bypass Uber as they scale. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Uber Technologies Stock Up 0.6%

UBER stock opened at $72.60 on Thursday. The company has a market cap of $147.78 billion, a P/E ratio of 18.10, a P/E/G ratio of 6.13 and a beta of 1.12. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The company’s 50-day moving average price is $73.18 and its 200 day moving average price is $75.73. 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 (NYSE:UBER) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping 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 company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal 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.