Costello Asset Management INC Decreases Stock Position in Uber Technologies, Inc. $UBER

Costello Asset Management INC cut its position in Uber Technologies, Inc. (NYSE:UBER) by 11.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 57,820 shares of the ride-sharing company’s stock after selling 7,387 shares during the period. Uber Technologies makes up about 1.4% of Costello Asset Management INC’s holdings, making the stock its 16th largest holding. Costello Asset Management INC’s holdings in Uber Technologies were worth $4,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in UBER. Stelac Advisory Services LLC increased its holdings in Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after acquiring an additional 117 shares during the last quarter. Cadence Bank raised its stake in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after acquiring an additional 122 shares during the period. Salvus Wealth Management LLC lifted its holdings in Uber Technologies by 4.9% during the fourth quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock valued at $216,000 after purchasing an additional 123 shares during the last quarter. Avion Wealth lifted its holdings in Uber Technologies by 17.5% during the fourth quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock valued at $68,000 after purchasing an additional 125 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in Uber Technologies by 6.6% during the fourth quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock worth $170,000 after purchasing an additional 129 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
• Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
• Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
• Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
• Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title

Uber Technologies Stock Up 0.3%

Shares of NYSE UBER opened at $74.56 on Friday. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The business has a 50-day simple moving average of $72.99 and a two-hundred day simple moving average of $75.42. 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 company has a market cap of $151.77 billion, a P/E ratio of 18.59, a P/E/G ratio of 6.32 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The company’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. Research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research note on Monday, May 11th. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Friday, June 26th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating for the company. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.18.

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.