Motley Fool Asset Management LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 35.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,471 shares of the ride-sharing company’s stock after purchasing an additional 50,554 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Uber Technologies were worth $15,890,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in UBER. Norges Bank bought a new stake in Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the last quarter. Capital Research Global Investors grew its holdings in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the last quarter. Egerton Capital UK LLP bought a new stake in Uber Technologies during the 4th quarter worth approximately $219,079,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in Uber Technologies by 65.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares during the last quarter. 80.24% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. Truist Financial upped their price objective 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. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.68.
Insider Activity at Uber Technologies
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.81% of the stock is currently owned by corporate insiders.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber is expanding its autonomous-vehicle push, including sign-ups for Wayve-powered robotaxis in London and a Munich robotaxi program with Autobrains and Nvidia, reinforcing the company’s long-term growth narrative. Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
- Positive Sentiment: Commentary from analysts and media has been constructive, with articles calling Uber a potentially attractive long-term stock and highlighting growth, cash flow, and relatively low leverage. Zacks Investment Ideas feature highlights: SOXX, Uber Technologies and Netflix
- Positive Sentiment: Uber is also being discussed as a productivity and AI beneficiary, with coverage suggesting the company is finding ways to generate more revenue with fewer hires and monetize driver downtime through AI data services. Huge News for Uber Stock Investors
- Neutral Sentiment: Uber Canada’s support for the relaunch of an Indigenous Procurement Marketplace is a positive corporate/social initiative, but it is unlikely to move the stock much on its own. CCIB Relaunches Indigenous Procurement Marketplace, Supported by Uber Canada
- Negative Sentiment: Uber is facing fresh scrutiny over a disputed Delivery Hero-related expansion effort, which adds geopolitical, regulatory, and execution risk to its food-delivery strategy. Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
- Negative Sentiment: Some investors are also questioning whether Uber’s valuation can keep up with its growth story, with recent coverage framing the stock as a possible value trap versus a true growth engine. Is Uber Stock A Value Trap Or A Growth Engine?
Uber Technologies Stock Up 0.5%
Shares of NYSE UBER opened at $70.43 on Wednesday. The firm has a market cap of $143.36 billion, a PE ratio of 17.56, a P/E/G ratio of 5.96 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The company’s fifty day simple moving average is $73.54 and its 200 day simple moving average is $77.42. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share 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 firm 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 company posted $0.83 earnings per share. The business’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, sell-side analysts forecast 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.
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