Angeles Wealth Management LLC Has $929,000 Stake in Uber Technologies, Inc. $UBER

Angeles Wealth Management LLC lessened its position in Uber Technologies, Inc. (NYSE:UBER) by 40.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,912 shares of the ride-sharing company’s stock after selling 8,781 shares during the quarter. Angeles Wealth Management LLC’s holdings in Uber Technologies were worth $929,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after buying an additional 1,670,761 shares during the period. Mach 1 Financial Group LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $1,220,000. Teacher Retirement System of Texas boosted its stake in shares of Uber Technologies by 17.6% during the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after acquiring an additional 82,851 shares during the period. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $17,336,000. Finally, Robinhood Asset Management LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $10,884,000. 80.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UBER has been the subject of several research reports. Wells Fargo & Company cut their price target on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, July 6th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. Royal Bank Of Canada started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Finally, Truist Financial upped their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.65.

Uber Technologies Stock Performance

NYSE UBER opened at $72.55 on Friday. The firm’s 50 day simple moving average is $72.72 and its 200 day simple moving average is $75.14. The firm has a market capitalization of $147.69 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 6.26 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. 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 posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 EPS. 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. As a group, research analysts expect that Uber Technologies, Inc. will post 2.97 earnings per share for the current fiscal year.

Key Uber Technologies News

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

• Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
• Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
• Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
• Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
• Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

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.