Uber Technologies, Inc. $UBER Holdings Lowered by Ardmore Road Asset Management LP

Ardmore Road Asset Management LP lowered its position in Uber Technologies, Inc. (NYSE:UBER) by 4.1% during the first quarter, HoldingsChannel.com reports. The fund owned 600,000 shares of the ride-sharing company’s stock after selling 25,381 shares during the quarter. Uber Technologies accounts for approximately 2.8% of Ardmore Road Asset Management LP’s holdings, making the stock its 7th largest holding. Ardmore Road Asset Management LP’s holdings in Uber Technologies were worth $43,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter worth $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies in the fourth quarter valued at $25,000. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies in the fourth quarter valued at $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter worth $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on UBER. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Piper Sandler increased their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $104.65.

Uber Technologies News Summary

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

• Negative Sentiment: Waymo is reportedly exploring a breakup with Uber, potentially ending a partnership that put Waymo robotaxis on Uber’s network in Austin and Atlanta. If Waymo pulls back, it could weaken Uber’s autonomous-vehicle strategy and raise concerns about competitive pressure in robotaxi ride-hailing. Waymo reportedly mulling a breakup with Uber
• Negative Sentiment: The Financial Times reported that the Uber-Waymo relationship has soured amid lobbying battles over autonomous vehicle rollout, adding uncertainty around a high-profile partnership investors viewed as strategically important. Waymo explores split with Uber as robotaxi tensions deepen
• Negative Sentiment: Uber said it is cutting 10% of customer service jobs as it expands AI use. While the move may support long-term efficiency, layoffs can signal near-term operational disruption and were cited in reports as a reason the stock weakened. Uber Cuts 10% of Customer Service Jobs, Citing ‘Embrace’ of AI
• Negative Sentiment: Several follow-up reports echoed the same workforce reduction, reinforcing the market’s focus on Uber’s cost cuts and AI transition rather than near-term growth catalysts. Uber Slashes 10% of Customer Service Workforce in AI Push
• Neutral Sentiment: Uber also won a court injunction against a New York City driver deactivation law, preserving flexibility in how it manages drivers in a key market; this is supportive for operations, but it is less likely to drive immediate stock action than the Waymo headlines. Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
• Neutral Sentiment: Separately, Uber was mentioned as a backer of Travis Kalanick’s new robotics venture, but that investment appears more thematic than directly material to Uber’s core earnings outlook. Anthony Levandowski… lands a role in Travis Kalanick’s $1.7B robotics venture

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $66.00 on Monday. The company has a 50-day simple moving average of $72.16 and a 200-day simple moving average of $74.67. 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 company has a market cap of $134.36 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 5.54 and a beta of 1.12. Uber Technologies, Inc. has a 12 month low of $65.56 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating 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 business had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The company’s quarterly revenue 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, equities analysts anticipate that Uber Technologies, Inc. will post 2.98 earnings per share for the current year.

Uber Technologies Company 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.