Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 727.4% during the fourth quarter, Holdings Channel reports. The firm owned 25,723 shares of the ride-sharing company’s stock after purchasing an additional 22,614 shares during the quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna’s holdings in Uber Technologies were worth $2,102,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in Uber Technologies during the fourth quarter worth about $9,226,000. ING Groep NV raised its holdings in Uber Technologies by 0.3% in the fourth quarter. ING Groep NV now owns 344,889 shares of the ride-sharing company’s stock valued at $28,181,000 after acquiring an additional 1,032 shares in the last quarter. Capital World Investors raised its holdings in Uber Technologies by 1.5% in the fourth quarter. Capital World Investors now owns 17,278,031 shares of the ride-sharing company’s stock valued at $1,411,793,000 after acquiring an additional 261,564 shares in the last quarter. Capital Research Global Investors raised its holdings in Uber Technologies by 2.6% in the fourth 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 in the last quarter. Finally, Capital International Investors increased its stake in Uber Technologies by 15.7% in the fourth quarter. Capital International Investors now owns 2,677,371 shares of the ride-sharing company’s stock valued at $218,768,000 after purchasing an additional 363,374 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have commented on UBER. Royal Bank Of Canada began coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, Piper Sandler increased their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.68.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company ‘Blew’ Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
- Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
- Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
- Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
- Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
- Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates
Insider Buying and Selling at Uber Technologies
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.81% of the stock is currently owned by corporate insiders.
Uber Technologies Price Performance
Uber Technologies stock opened at $70.84 on Friday. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The business has a fifty day moving average of $73.53 and a two-hundred day moving average of $77.80. The company has a market cap of $144.21 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 6.01 and a beta of 1.12.
Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating 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 the consensus estimate of $13.28 billion. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies’s quarterly 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. As a group, analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal 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.
Recommended Stories
- Five stocks we like better than Uber Technologies
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
