K.J. Harrison & Partners Inc Acquires Shares of 21,000 Uber Technologies, Inc. $UBER

K.J. Harrison & Partners Inc bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the third quarter, HoldingsChannel reports. The institutional investor bought 21,000 shares of the ride-sharing company’s stock, valued at approximately $2,029,000.

A number of other large investors have also added to or reduced their stakes in the company. Kilter Group LLC purchased a new position in Uber Technologies in the 2nd quarter valued at about $26,000. Westend Capital Management LLC purchased a new stake in shares of Uber Technologies during the third quarter worth about $27,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies in the second quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Uber Technologies in the third quarter worth about $34,000. Finally, Howard Hughes Medical Institute purchased a new position in Uber Technologies in the second quarter valued at about $42,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber announced a launch of Uber‑integrated air taxi rides in Dubai via a partnership with Joby Aviation, signaling a near‑term commercial debut for Uber‑branded eVTOL services and new high‑margin mobility offerings. Get Ready for Takeoff With Uber and Joby
• Positive Sentiment: Uber agreed to acquire SpotHero (13,000+ parking locations), which expands the app into parking reservations and strengthens its “super‑app” monetization potential for commuters, events and airports. Uber to Acquire SpotHero, Expands Into Parking
• Positive Sentiment: Uber launched Uber Autonomous Solutions (fleet ops, insurance, mission control and regulatory support) — a services revenue path that could accelerate robotaxi and delivery commercialization if AV partners scale. Uber Unveils Uber Autonomous Solutions to Accelerate Autonomous Mobility & Delivery Worldwide
• Positive Sentiment: Insider confidence: CFO Balaji Krishnamurthy purchased ~22.5k shares (~$1.6M), a signal management is buying at current levels. Uber Technologies CFO Buys $1,599,776.25 in Stock
• Neutral Sentiment: Baidu is testing Apollo Go robotaxis with Uber in Dubai — expands testing footprint and could speed autonomous trip supply, but Uber’s role looks more as a platform partner than a direct AV operator today. Baidu And Uber Test Apollo Go Robotaxis In Dubai For Global Scale
• Neutral Sentiment: Analyst commentary and valuation debate persist: bullish pieces highlight long‑run EPS upside from platform expansion, while others warn execution and near‑term investments may pressure multiples. Uber: Market Uncertainty Has Discounted This High‑Quality Stock
• Negative Sentiment: India’s government‑backed ride‑hailing service (no commissions, driver profit shares) is a direct competitive threat in a large growth market where Uber already invests heavily. India Backs New Ride‑Hailing Service to Challenge Likes of Uber
• Negative Sentiment: Competitor autonomy progress: Waymo expanding robotaxi dispatch to 10 U.S. markets tightens competition for autonomous trips and could pressure Uber’s future AV market share. Waymo’s Robotaxis Now Being Dispatched in 10 Major U.S. Markets
• Negative Sentiment: Regulatory/safety scrutiny: DMV data and watchdog reports on partner robotaxi testing (e.g., Nuro) highlight execution and liability risks for AV partnerships. New CA DMV Numbers Show Uber Robotaxi Partner Nuro Could Not Go 700 Miles Without Human Intervention
• Negative Sentiment: Macro risk: recent tariff and AI‑related market volatility is prompting risk‑off flows that can pressure growth names like Uber despite company‑specific positives. Bitcoin Price Falls to $63,000 Over Tariff Worries and Tech Selloff

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on UBER shares. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a report on Thursday, February 5th. Morgan Stanley dropped their price target on shares of 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 reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Cantor Fitzgerald decreased their price objective on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Susquehanna reissued a “positive” rating and issued a $110.00 target price on shares of Uber Technologies in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.

Uber Technologies Stock Performance

Uber Technologies stock opened at $72.80 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The company has a fifty day moving average price of $79.25 and a two-hundred day moving average price of $88.11. The company has a market cap of $149.84 billion, a PE ratio of 15.46, a P/E/G ratio of 6.54 and a beta of 1.21.

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

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.84% of the stock is currently owned by corporate insiders.

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.