AEGON ASSET MANAGEMENT UK Plc Has $9.16 Million Position in Uber Technologies, Inc. $UBER

AEGON ASSET MANAGEMENT UK Plc cut its position in Uber Technologies, Inc. (NYSE:UBER) by 68.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127,323 shares of the ride-sharing company’s stock after selling 272,097 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in Uber Technologies were worth $9,157,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in UBER. Brighton Jones LLC grew its holdings in Uber Technologies by 3.4% during 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 last quarter. Revolve Wealth Partners LLC increased its position in Uber Technologies by 65.0% in the 4th 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 during the period. Bison Wealth LLC raised 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 valued at $229,000 after acquiring an additional 641 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Uber Technologies during the first quarter valued at $304,000. Finally, Schnieders Capital Management LLC. bought a new position in shares of Uber Technologies during the second quarter valued at $842,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Trading Up 0.4%

NYSE UBER opened at $71.91 on Friday. The stock has a market capitalization of $146.38 billion, a P/E ratio of 17.93, a P/E/G ratio of 6.09 and a beta of 1.12. The business has a 50 day simple moving average of $73.44 and a 200 day simple moving average of $76.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UBER has been the topic of several analyst reports. Truist Financial boosted their price objective 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. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Wolfe Research set a $100.00 target price on Uber Technologies in a research report on Friday, May 29th. US Capital Advisors set a $95.00 target price on Uber Technologies in a report on Monday, May 11th. Finally, Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One research 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 issued a Sell rating to the company. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Key Uber Technologies News

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

• Positive Sentiment: Uber launched a new Life360 integration that lets parents request teen rides, track trips in real time, and manage family transportation in one app, which could help deepen user engagement and attract more family-oriented rides. Life360 and Uber Partner to Help Parents Coordinate Rides From Anywhere
• Positive Sentiment: Turkey’s competition board approved Uber’s acquisition of Getir’s delivery business, removing a regulatory hurdle and supporting Uber’s expansion in a new market alongside a planned $500 million investment in Turkey. Turkish competition board approves Uber acquisition of Getir delivery business
• Positive Sentiment: Uber continues to build out its autonomous vehicle strategy, with new robotaxi partnerships in Houston and Zurich and a broader Stellantis-Wayve-Uber collaboration, reinforcing the company’s long-term growth story and helping support bullish analyst sentiment. Stellantis, Wayve and Uber team up to develop global robotaxi services
• Positive Sentiment: Bank of America said Uber’s robotaxi expansion could improve investor sentiment, while Tigress Financial raised its price target, signaling confidence in Uber’s earnings growth and autonomous-driving roadmap. Uber Robotaxi expansion could shift autonomous vehicle narrative, says BofA
• Neutral Sentiment: Some articles focused on Uber as a strong long-term stock idea versus peers and on its expanding advertising business, but these were more reinforcing than immediately market-moving.
• Negative Sentiment: Uber also drew criticism after Consumer Reports said riders sometimes saw widely different prices for the same trip, which could add scrutiny around pricing practices if the issue gains traction. Uber and Lyft may charge you $40 more for the exact same ride as someone else — but both deny surveillance pricing

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.