Hardy Reed LLC Acquires 7,543 Shares of Uber Technologies, Inc. $UBER

Hardy Reed LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 34.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 29,152 shares of the ride-sharing company’s stock after buying an additional 7,543 shares during the quarter. Hardy Reed LLC’s holdings in Uber Technologies were worth $2,097,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Marshall Wace LLP increased its position in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after purchasing an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after purchasing an additional 5,293,822 shares during the period. Employees Provident Fund Board bought a new position in Uber Technologies in the 4th quarter worth $265,205,000. Finally, Capital Research Global Investors raised its holdings in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Down 0.1%

NYSE:UBER opened at $74.39 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm’s 50-day moving average price is $73.09 and its 200-day moving average price is $75.60. The company has a market capitalization of $151.42 billion, a PE ratio of 18.55, a P/E/G ratio of 6.32 and a beta of 1.12. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last issued 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. 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 during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period last year, the company posted $0.83 EPS. Uber Technologies’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Trending Headlines about Uber Technologies

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

• Negative Sentiment: Reports from the Financial Times and TechCrunch say Uber is delaying or pausing launches in five of the seven European markets it had targeted for 2026, including Austria, Norway, and Greece. That suggests slower-than-expected international expansion for Uber Eats and may weigh on near-term growth expectations. Uber stalls European food delivery push as it pursues Delivery Hero takeover
• Negative Sentiment: Business Insider reported that Uber’s insurance and operational fees can vary widely even on similar rides, highlighting ongoing concerns about fare transparency and how customers perceive the company’s pricing structure. That could create reputational risk if the issue draws more scrutiny from riders or regulators. Uber’s insurance and operational fees can vary widely on similar trips
• Neutral Sentiment: Separately, analyst coverage remained constructive, with Uber receiving a consensus “Moderate Buy” rating. That supports the longer-term investment case, but it is not enough on its own to offset the near-term concerns around Europe. Uber Technologies, Inc. (NYSE:UBER) Receives Consensus Rating of “Moderate Buy” from Analysts

Wall Street Analyst Weigh In

UBER has been the topic of a number of research reports. DA Davidson reaffirmed a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research note on Tuesday, May 26th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $104.54.

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.