Davis Investment Partners LLC Makes New Investment in Uber Technologies, Inc. $UBER

Davis Investment Partners LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 9,058 shares of the ride-sharing company’s stock, valued at approximately $652,000.

A number of other institutional investors and hedge funds also recently modified their holdings of UBER. Stelac Advisory Services LLC increased its stake in Uber Technologies by 10.4% in the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after purchasing an additional 117 shares in the last quarter. Cadence Bank raised its holdings in Uber Technologies by 1.7% in the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares during the period. Salvus Wealth Management LLC boosted its position in shares of 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 worth $216,000 after purchasing an additional 123 shares in the last quarter. Avion Wealth boosted its position in shares of Uber Technologies by 17.5% during the fourth quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after purchasing an additional 125 shares in the last quarter. Finally, Stonebrook Private Inc. grew its holdings in shares of Uber Technologies by 5.7% in the 3rd quarter. Stonebrook Private Inc. now owns 2,336 shares of the ride-sharing company’s stock valued at $229,000 after buying an additional 127 shares during the period. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Performance

UBER opened at $73.67 on Thursday. The business’s 50-day moving average price is $73.44 and its two-hundred day moving average price is $76.25. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a market capitalization of $149.97 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 5.92 and a beta of 1.12. 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 (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber Eats expanded its U.S. retail marketplace with several new partners, including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. Investors are viewing the broader selection as a sign that Uber can keep growing delivery revenue beyond restaurants. Uber Eats Adds New U.S. Retailers, Expanding Selection Across Beauty, Office Supplies, Sporting Goods, and More
• Positive Sentiment: Several reports noted that the stock broke above key technical levels as the retailer-expansion news hit, which can attract momentum traders and reinforce buying interest. What’s behind Uber stock’s technical breakout today?
• Positive Sentiment: Unusually heavy call-option buying also pointed to bullish speculation in Uber shares, with traders positioning for further upside. Pelosi discloses bullish options bets on Intel and Uber
• Neutral Sentiment: Coverage around Uber’s London robotaxi plans and wider autonomous-vehicle partnerships adds to the long-term growth story, but these developments remain more speculative than immediate earnings drivers. London’s First Uber Robotaxis Expected in Months, Reuters Reports
• Neutral Sentiment: Reports about a shareholder lawsuit and broader union/compliance issues are a reminder of regulatory and reputational risks, but they were not the main trading catalyst today. Uber (UBER) Faces Shareholder Lawsuit Over Alleged Safety And Compliance Failures

Analysts Set New Price Targets

UBER has been the topic of several research analyst reports. The Goldman Sachs Group set a $115.00 price objective on Uber Technologies in a research note on Thursday, May 7th. Wolfe Research set a $100.00 target price on Uber Technologies in a research note on Friday, May 29th. HSBC downgraded Uber Technologies to a “reduce” rating in a report on Monday, May 11th. JPMorgan Chase & Co. lifted their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Wells Fargo & Company boosted their price objective on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.

About Uber Technologies

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.