Black Creek Investment Management Inc. Has $15.34 Million Position in Uber Technologies, Inc. $UBER

Black Creek Investment Management Inc. lowered its stake in Uber Technologies, Inc. (NYSE:UBER) by 6.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 187,689 shares of the ride-sharing company’s stock after selling 12,840 shares during the quarter. Uber Technologies comprises 0.8% of Black Creek Investment Management Inc.’s investment portfolio, making the stock its 18th largest position. Black Creek Investment Management Inc.’s holdings in Uber Technologies were worth $15,336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Advisors Capital Management LLC increased its holdings in shares of Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after purchasing an additional 111 shares in the last quarter. Stelac Advisory Services LLC increased its holdings in shares of Uber Technologies by 10.4% in the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after purchasing an additional 117 shares in the last quarter. Smithfield Trust Co increased its holdings in shares of Uber Technologies by 8.3% in the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock valued at $151,000 after purchasing an additional 118 shares in the last quarter. Oxinas Partners Wealth Management LLC grew its holdings in Uber Technologies by 1.3% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock worth $923,000 after acquiring an additional 122 shares during the period. Finally, Cadence Bank grew its holdings in Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after acquiring an additional 122 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.81% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Uber Technologies Trading Down 1.3%

Shares of NYSE UBER opened at $68.67 on Friday. The company’s fifty day moving average is $73.41 and its 200-day moving average is $77.16. The stock has a market cap of $139.79 billion, a price-to-earnings ratio of 17.13, a P/E/G ratio of 5.85 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month 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.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies 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.