First National Trust Co acquired a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund acquired 41,276 shares of the ride-sharing company’s stock, valued at approximately $4,044,000.
A number of other hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC raised its holdings in shares of Uber Technologies by 3.0% during the third quarter. Wealthfront Advisers LLC now owns 315,665 shares of the ride-sharing company’s stock valued at $30,926,000 after acquiring an additional 9,335 shares during the last quarter. Edgemoor Investment Advisors Inc. increased its position in shares of Uber Technologies by 23.0% during the third quarter. Edgemoor Investment Advisors Inc. now owns 31,076 shares of the ride-sharing company’s stock worth $3,045,000 after purchasing an additional 5,814 shares in the last quarter. Johnson Investment Counsel Inc. purchased a new stake in shares of Uber Technologies during the third quarter worth approximately $219,000. Prospera Financial Services Inc raised its stake in Uber Technologies by 5.6% in the 3rd quarter. Prospera Financial Services Inc now owns 146,796 shares of the ride-sharing company’s stock valued at $14,381,000 after purchasing an additional 7,774 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new position in Uber Technologies in the 3rd quarter valued at $1,020,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Strategic M&A in Türkiye expands delivery footprint at an attractive price — Uber agreed to acquire Getir’s Türkiye delivery portfolio for $335M cash and will invest another $100M to grow grocery/retail delivery, increasing scale in a market where Uber already operates. Uber to buy delivery arm of Turkey’s Getir
- Positive Sentiment: Autonomous ride-hailing rollout with Baidu in Dubai adds long-term margin and differentiation upside — Baidu’s Apollo Go AVs will be available on the Uber app in Dubai next month, signaling progress on robotaxi monetization and international AV partnerships. Uber rolls out Baidu’s self-driving taxis for ride hailing in Dubai
- Positive Sentiment: Payments/operations tie-up with Adyen supports global expansion and payments flexibility — renewed/expanded Adyen partnership can reduce payment friction and speed new market launches (e.g., kiosks). Adyen and Uber expand global partnership
- Neutral Sentiment: Earnings and guidance are mixed — Q4 showed profitable growth but Uber missed EPS estimates; management gave Q1 EPS guidance (0.65–0.72) and revenue growth remains solid, so fundamentals are improving even if near-term beats/misses matter to sentiment. Uber Technologies Earnings Call Highlights Profitable Growth
- Negative Sentiment: Legal risk from a recent trial loss increases potential liability and regulatory scrutiny — a Bloomberg Law piece highlights competing liability theories in assault suits against Uber, which could raise litigation costs or settlements. Uber Trial Loss Shows Competing Liability Paths in Assault Suits
- Negative Sentiment: Analyst pressure: Citigroup cut its price target, which can weigh on sentiment even if target remains above current levels — analyst revisions can drive short-term selling. Citigroup Cuts Uber Technologies (NYSE:UBER) Price Target to $110.00
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The firm had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period last year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have recently issued reports on UBER. BMO Capital Markets dropped their target price on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research note on Wednesday, February 4th. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. JPMorgan Chase & Co. cut their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $104.89.
Check Out Our Latest Stock Report on Uber Technologies
Insiders Place Their Bets
In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 9,375 shares of company stock valued at $799,875 in the last ninety days. Corporate insiders own 3.70% of the company’s stock.
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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