UNIVEST FINANCIAL Corp grew its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 14.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 73,514 shares of the ride-sharing company’s stock after acquiring an additional 9,554 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Uber Technologies were worth $5,288,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Norges Bank acquired a new position in Uber Technologies during the 4th quarter valued at approximately $2,515,094,000. Marshall Wace LLP lifted its stake in shares of Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after buying an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after buying an additional 5,293,822 shares during the last quarter. Employees Provident Fund Board purchased a new stake in shares of Uber Technologies during the fourth quarter valued at $265,205,000. Finally, Capital Research Global Investors increased its position in shares of Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
- Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
- Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
- Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
- Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping 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 company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 EPS. The firm’s 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 predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. BNP Paribas Exane cut Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. BTIG Research reiterated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Friday, June 26th. Tigress Financial raised their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Finally, Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.18.
Check Out Our Latest Analysis on Uber Technologies
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.
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