Cane Capital Partners LLC Has $687,000 Stock Position in Uber Technologies, Inc. $UBER

Cane Capital Partners LLC lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 71.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,556 shares of the ride-sharing company’s stock after selling 23,542 shares during the period. Cane Capital Partners LLC’s holdings in Uber Technologies were worth $687,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the third quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies in the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC bought a new stake in Uber Technologies in the fourth quarter worth approximately $25,000. Imprint Wealth LLC bought a new stake in Uber Technologies in the third quarter worth approximately $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 currently owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

Shares of UBER stock opened at $72.60 on Thursday. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The firm’s 50 day moving average price is $73.18 and its two-hundred day moving average price is $75.73. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $147.78 billion, a PE ratio of 18.10, a PEG ratio of 6.13 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UBER. HSBC cut Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. Truist Financial upped their target price on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a report on Monday. Finally, Piper Sandler lifted 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. One investment 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 stock. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.54.

More Uber Technologies News

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

• Positive Sentiment: Uber-backed Lime completed its U.S. IPO and had a solid Nasdaq debut, suggesting investor appetite for micromobility remains healthy and supporting the value of Uber’s strategic investment in Lime. Uber-backed Lime’s shares rise in Nasdaq debut
• Positive Sentiment: Analysts continue to frame Uber’s core business as strong, with one recent estimate boost for FY2027 earnings pointing to confidence in Uber’s long-term profitability. Uber Technologies stock information
• Neutral Sentiment: Uber is shaking up its AI data-labeling unit by dismissing top leaders, which signals internal restructuring but is not yet clearly material to near-term revenue or earnings. Uber shakes up AI data labeling business, dismissing top leaders
• Negative Sentiment: Waymo ending the Phoenix robotaxi partnership is the main bearish catalyst, because it raises questions about Uber’s autonomous-vehicle strategy and whether future robotaxi growth will be harder to monetize. Uber Ends Waymo Robotaxi Offering In Phoenix
• Negative Sentiment: Several reports say the market is viewing the Waymo split as a setback for Uber’s robotaxi bull case, adding to investor concern that autonomous partners could bypass Uber as they scale. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

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.