ABN AMRO Bank N.V. Decreases Holdings in Uber Technologies, Inc. $UBER

ABN AMRO Bank N.V. reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 21.4% in the 1st quarter, HoldingsChannel reports. The fund owned 959,035 shares of the ride-sharing company’s stock after selling 260,871 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Uber Technologies were worth $69,540,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Brighton Jones LLC boosted its stake in Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of 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 purchasing an additional 6,129 shares during the period. Bison Wealth LLC boosted its holdings in shares of Uber Technologies by 20.3% in 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 period. Caxton Associates LLP acquired a new stake in shares of Uber Technologies in the first quarter valued at approximately $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in shares of Uber Technologies during the second quarter worth approximately $842,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Tigress Financial raised their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Friday. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Truist Financial upped their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.97.

Key Headlines Impacting Uber Technologies

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 Stock Up 5.3%

Shares of NYSE UBER opened at $76.09 on Friday. 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 firm has a 50-day moving average price of $73.40 and a 200 day moving average price of $76.11. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The stock has a market capitalization of $154.90 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 6.48 and a beta of 1.12.

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, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS 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.