Uber Technologies, Inc. $UBER Shares Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 232,680 shares of the ride-sharing company’s stock after buying an additional 14,854 shares during the period. Illinois Municipal Retirement Fund’s holdings in Uber Technologies were worth $22,796,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of UBER. Wedbush Securities Inc. grew its holdings in Uber Technologies by 15.7% during the third quarter. Wedbush Securities Inc. now owns 45,946 shares of the ride-sharing company’s stock worth $4,501,000 after acquiring an additional 6,242 shares during the period. Varma Mutual Pension Insurance Co boosted its position in Uber Technologies by 13.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 297,892 shares of the ride-sharing company’s stock worth $29,184,000 after purchasing an additional 36,100 shares in the last quarter. Leuthold Group LLC grew its stake in shares of Uber Technologies by 3.5% during the 3rd quarter. Leuthold Group LLC now owns 63,508 shares of the ride-sharing company’s stock worth $6,222,000 after purchasing an additional 2,173 shares during the period. PFG Private Wealth Management LLC purchased a new position in shares of Uber Technologies during the 3rd quarter valued at approximately $351,000. Finally, Mitchell Capital Management Co. acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $2,553,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber Eats launched a generative-AI “Cart Assistant” that builds grocery baskets from text or images, aiming to capture share from Instacart and boost grocery order frequency and basket size. This accelerates monetization of Uber Eats and broadens its addressable market. Uber Eats launches AI cart assistant for grocery delivery
• Positive Sentiment: Uber expanded its AV partnership with Baidu to roll Baidu’s Apollo Go driverless taxis into Dubai via the Uber app, supporting long-term cost and scaling advantages in ride-hailing and positioning Uber in early AV markets. Uber rolls out Baidu’s self-driving taxis for ride hailing in Dubai
• Positive Sentiment: Uber agreed to buy Getir’s Turkish delivery business for $335M (plus a $100M investment commitment), strengthening its footprint in Türkiye’s food/grocery delivery market and adding revenue scale in an underpenetrated geography. Uber to acquire Getir delivery business in Türkiye for $335m
• Neutral Sentiment: Legislation in Israel clearing the way for ride-hailing services was advanced, potentially opening another regulated market for Uber, though timing and revenue impact are uncertain. Bill allowing Uber Technologies, Inc. (UBER) and Lyft in Israel Receives Committee Approval
• Negative Sentiment: An analyst downgrade was reported and appears to have pressured the stock intraday, reflecting concerns about near-term fundamentals after the recent EPS miss. Analyst note: shares reacted negatively. Uber Technologies (NYSE:UBER) Shares Down 1.1% on Analyst Downgrade
• Negative Sentiment: A recent trial loss highlighted competing liability routes in assault suits against drivers, underscoring legal and reputational risks that could translate into higher litigation costs or regulatory scrutiny. Uber Trial Loss Shows Competing Liability Paths in Assault Suits

Wall Street Analyst Weigh In

Several analysts recently commented on UBER shares. Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a research report on Monday, December 29th. Morgan Stanley cut their price target on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Barclays dropped their price objective on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Finally, Wall Street Zen downgraded Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $104.89.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $71.01 on Thursday. The business’s 50 day moving average price is $82.14 and its 200-day moving average price is $89.33. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. The firm has a market capitalization of $147.54 billion, a PE ratio of 15.08, a P/E/G ratio of 6.72 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the previous year, the business posted $3.21 EPS. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 9,375 shares of company stock worth $799,875. 3.84% of the stock is currently owned by corporate insiders.

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.