Rakuten Investment Management Inc. Has $21.94 Million Holdings in Uber Technologies, Inc. $UBER

Rakuten Investment Management Inc. lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 270.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 269,242 shares of the ride-sharing company’s stock after purchasing an additional 196,563 shares during the period. Rakuten Investment Management Inc.’s holdings in Uber Technologies were worth $21,943,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Advisors Capital Management LLC lifted its holdings in shares of Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the period. Stelac Advisory Services LLC lifted its holdings in shares of Uber Technologies by 10.4% during the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after purchasing an additional 117 shares during the period. Smithfield Trust Co lifted its holdings in shares of Uber Technologies by 8.3% during the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock worth $151,000 after purchasing an additional 118 shares during the period. Cadence Bank lifted its holdings in shares of Uber Technologies by 1.7% during 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. Finally, Salvus Wealth Management LLC lifted its holdings 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 during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Uber announced a significant expansion of its ad business, introducing new brand-focused products that could open an additional revenue stream and improve profitability. Uber (UBER) Stock Trades Up, Here Is Why
• Positive Sentiment: Analyst sentiment remains constructive, with recent buy/overweight ratings and price targets well above the current trading range, suggesting Wall Street still sees upside potential for Uber Technologies (UBER).
• Neutral Sentiment: Broader coverage highlighted Uber’s scale, Uber One membership growth, and robotaxi ambitions, which continue to support the long-term investment case but do not represent an immediate catalyst.
• Neutral Sentiment: Some recent commentary has questioned Uber’s valuation and execution around heavy investments in new initiatives, reflecting ongoing debate among investors.
• Negative Sentiment: Fresh consumer reports and media investigations into pricing differences and AI-driven fare tactics at Uber and Lyft could raise regulatory and reputational concerns if they attract more scrutiny.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UBER shares. Truist Financial lifted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. boosted their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, June 9th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $72.85 on Tuesday. The firm’s 50-day moving average price is $73.44 and its 200-day moving average price is $77.04. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The firm has a market capitalization of $148.29 billion, a P/E ratio of 18.17, a P/E/G ratio of 5.85 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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 net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. The business’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. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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.