Uber Technologies, Inc. $UBER Shares Acquired by Prudential PLC

Prudential PLC grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 27.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 268,356 shares of the ride-sharing company’s stock after purchasing an additional 57,946 shares during the quarter. Prudential PLC’s holdings in Uber Technologies were worth $21,927,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $28,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies during the third quarter worth about $32,000. Finally, Blueline Advisors LLC bought a new position in Uber Technologies in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Up 0.8%

Shares of NYSE:UBER opened at $72.23 on Friday. 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 company has a market cap of $147.04 billion, a PE ratio of 18.01, a price-to-earnings-growth ratio of 6.10 and a beta of 1.12. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The firm has a 50 day simple moving average of $73.57 and a 200 day simple moving average of $77.85.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on UBER shares. Wells Fargo & Company upped their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Wedbush reduced their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. One 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’s stock. According to MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average price target of $104.68.

Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value 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 represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.81% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle roadmap, including a new robotaxi push with Nuro and Lucid and a Madrid pilot with WeRide, which could support long-term growth if the company can scale driverless service successfully. Uber is making a much bigger bet on robotaxis
• Positive Sentiment: DA Davidson reaffirmed a Buy rating and a $107 price target, signaling that some analysts still see upside despite near-term volatility. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Positive Sentiment: Uber and LISC expanded the Health Access Fund with up to $750,000 in new grants, reinforcing Uber’s role in healthcare transportation and supporting its public-service image. Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients

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.