KBC Group NV Sells 260,550 Shares of Uber Technologies, Inc. $UBER

KBC Group NV lessened its position in Uber Technologies, Inc. (NYSE:UBER) by 8.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 2,953,222 shares of the ride-sharing company’s stock after selling 260,550 shares during the period. KBC Group NV’s holdings in Uber Technologies were worth $212,425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth approximately $25,000. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth approximately $25,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $32,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies during the 4th quarter worth approximately $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies News Summary

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

Wall Street Analyst Weigh In

Several equities analysts have commented on UBER shares. Wells Fargo & Company cut their price objective on Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a research report on Monday, July 6th. 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 note on Friday, June 12th. Piper Sandler lifted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating for the company. Finally, Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.65.

Uber Technologies Stock Performance

Shares of UBER stock opened at $72.55 on Monday. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $147.69 billion, a PE ratio of 18.09 and a beta of 1.12. The business has a 50-day simple moving average of $72.72 and a 200-day simple moving average of $75.10.

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 firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter last year, the company earned $0.83 EPS. The firm’s revenue for the quarter 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 expect that Uber Technologies, Inc. will post 3 EPS for the current year.

Uber Technologies Company 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.