Uber Technologies, Inc. $UBER Shares Newly Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 26,024 shares of the ride-sharing company’s stock, valued at approximately $1,783,000.

Several other hedge funds and other institutional investors have also bought and sold shares of UBER. Public Investment Fund bought a new position in shares of Uber Technologies during the second quarter worth approximately $5,256,173,439. Legal & General Group Plc bought a new stake in shares of Uber Technologies in the second quarter valued at approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies in the second quarter valued at approximately $752,151,000. Fundsmith LLP acquired a new stake in Uber Technologies during the second quarter worth approximately $645,338,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Uber Technologies during the second quarter worth approximately $426,727,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Activity

In other news, insider Jill Hazelbaker sold 28,170 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares of the company’s stock, valued at approximately $10,662,627.75. The trade was a 15.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares in the company, valued at $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $66.62 on Tuesday. The company’s 50 day simple moving average is $70.96 and its 200 day simple moving average is $73.34. The stock has a market capitalization of $136.07 billion, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 5.58 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 1 year low of $64.04 and a 1 year high of $100.35.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the previous year, the business earned $0.60 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Uber Technologies News Summary

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

• Positive Sentiment: UBS maintains a Buy rating. UBS lowered its price target to $106 from $110, but the revised target still implies approximately 59% upside from the referenced share price. The continuing Buy recommendation signals confidence in Uber’s long-term growth, cash generation and competitive position. UBS Adjusts Price Target on Uber Technologies to $106 From $110, Keeps Buy Rating
• Positive Sentiment: Wall Street still sees substantial upside ahead of earnings. Analysts broadly expect continued revenue growth and remain constructive on Uber’s cash flow and market position, with consensus estimates suggesting roughly 58% upside. Uber Heads Into Q3 With Wall Street Seeing 58% Upside
• Positive Sentiment: Uber is expanding its financial-services capabilities. A pilot involving Uber, HSBC, Franklin Templeton, Tradeweb and Fireblocks demonstrated around-the-clock enterprise treasury and embedded-finance applications. The initiative could create longer-term strategic value, although it is not yet a major earnings driver. Uber Helped Scale Embedded Finance
• Neutral Sentiment: Earnings expectations are mixed. Analysts reportedly expect third-quarter earnings of about $0.86 per share, broadly consistent with Uber’s $0.84–$0.88 guidance, but well below the unusually high $3.11 reported a year earlier. Revenue growth and the company’s outlook will likely be more important than the year-over-year EPS comparison. UBER Stock Forecast Ahead of Q3 Earnings
• Negative Sentiment: Technical performance remains weak ahead of the report. Uber has been underperforming before earnings and is trading below its key moving averages, increasing the risk of volatility if results or guidance disappoint. Uber Stock Underperforming Ahead of Earnings

Analyst Ratings Changes

UBER has been the subject of several analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $91.00 price objective on shares of Uber Technologies in a report on Tuesday, September 8th. BTIG Research reissued a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday, October 6th. Bank of America decreased their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Scotiabank started coverage on Uber Technologies in a research note on Wednesday, September 9th. They issued a “sector outperform” rating and a $100.00 price target for the company. Finally, Evercore reaffirmed an “outperform” rating and issued a $150.00 price target on shares of Uber Technologies in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.86.

Uber Technologies Profile

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.