Trinity Street Asset Management LLP Raises Stock Position in Uber Technologies, Inc. $UBER

Trinity Street Asset Management LLP grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 16.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 337,572 shares of the ride-sharing company’s stock after acquiring an additional 48,500 shares during the period. Uber Technologies comprises about 1.7% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 16th biggest position. Trinity Street Asset Management LLP’s holdings in Uber Technologies were worth $24,282,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter worth $25,000. Imprint Wealth LLC purchased a new position in Uber Technologies during the third quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the fourth quarter valued at $27,000. Institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Royal Bank Of Canada started coverage on shares of Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating for the company. BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Friday, June 26th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. Finally, Tigress Financial boosted their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $104.54.

Uber Technologies Trading Down 4.7%

UBER stock opened at $71.95 on Wednesday. The firm has a fifty day moving average price of $73.28 and a 200 day moving average price of $75.82. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The firm has a market cap of $146.46 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 6.42 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company 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 earned $0.83 earnings per share. Uber Technologies’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. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Negative Sentiment: Uber ended its Phoenix robotaxi partnership with Waymo, removing Waymo rides from the Uber app and renewing worries about Uber’s long-term autonomous-driving strategy. Waymo and Uber end robotaxi pilot in Phoenix
• Negative Sentiment: Analysts and commentators suggested the split could weigh on Uber shares by increasing uncertainty around future robotaxi partnerships and competitive positioning in autonomous ride-hailing. Uber, Waymo end robotaxi partnership in Phoenix
• Negative Sentiment: Uber also drew attention for tightening driver background checks amid rider-safety lawsuits, which could add compliance costs and keep safety concerns in the spotlight. Uber changes key rule for drivers amid rider safety lawsuits
• Neutral Sentiment: OpenAI hired a former Uber India executive to lead its India growth efforts, a move that reflects Uber talent being sought elsewhere but has no direct business impact on Uber’s current operations. OpenAI Deepens India Bet, Hires Ex-Uber Executive To Drive Growth, Partnerships

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.