ProShare Advisors LLC reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 1.9% in the 3rd quarter, Holdings Channel reports. The fund owned 380,871 shares of the ride-sharing company’s stock after selling 7,383 shares during the period. ProShare Advisors LLC’s holdings in Uber Technologies were worth $37,314,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently bought and sold shares of the stock. Brant Point Investment Management LLC purchased a new position in Uber Technologies in the second quarter valued at $933,000. Spirepoint Private Client LLC increased its stake in shares of Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new position in Uber Technologies in the 3rd quarter worth about $1,538,000. Transcendent Capital Group LLC purchased a new position in Uber Technologies during the third quarter worth approximately $1,859,000. Finally, Munro Partners acquired a new stake in Uber Technologies in the second quarter valued at approximately $96,294,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
UBER has been the topic of a number of recent analyst reports. Citizens Jmp upgraded Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research report on Wednesday, February 4th. The Goldman Sachs Group set a $125.00 target price on shares of Uber Technologies in a research report on Wednesday, February 4th. Cantor Fitzgerald reduced their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price target on shares of Uber Technologies in a research note on Wednesday, November 5th. Finally, KeyCorp cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.89.
Insiders Place Their Bets
In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,875 shares of company stock valued at $1,319,130 over the last ninety days. Corporate insiders own 3.70% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Agreed to buy Getir’s delivery business in Türkiye for ~$335M — adds food, grocery, retail and water delivery, consolidating Uber’s scale in a fast-growing market and folding Getir and Trendyol Go assets into Uber’s delivery footprint. This accelerates local market share and revenue leverage in Türkiye. Uber to acquire Getir delivery business in Türkiye for $335m
- Positive Sentiment: Expanded autonomous-vehicle rollout with Baidu’s Apollo Go in Dubai — Uber will host fully autonomous rides on its app in Jumeirah soon, extending AV commercialization efforts and potential driver-cost reductions in a regulated market. This accelerates monetization paths for Uber’s AV strategy. Baidu and Uber Partner to Bring Apollo Go Autonomous Ride-hailing to Dubai in collaboration with Dubai’s Roads and Transport Authority
- Positive Sentiment: WeRide partnership to deploy ~1,200 robotaxis in the Middle East — another concrete step in scaling autonomous rides outside the U.S., supporting analyst arguments that AV upside is underappreciated and could materially improve long-term margins. WeRide, Uber To Deploy 1,200 Robotaxis In The Middle East
- Positive Sentiment: Analyst support for AV upside — Bank of America reiterated a Buy stance citing underappreciated autonomous-vehicle potential (price target cited in coverage), which supports a bullish long-term thesis for UBER. Uber: Underappreciated Autonomous Vehicle Upside Supports Buy Rating Despite Near-Term EBITDA Shortfall
- Neutral Sentiment: Q4/earnings call highlighted “profitable growth” and provided Q1 guidance, but the quarter included an EPS miss versus consensus — investors will weigh improving margins and revenue growth against the EPS shortfall when setting near-term expectations. Uber Technologies Earnings Call Highlights Profitable Growth
- Neutral Sentiment: Expanded payments partnership with Adyen to support global rollouts and kiosks — operationally helpful but unlikely to move near-term revenue materially; it supports smoother international expansion. Adyen and Uber Expand Global Partnership to Power New Markets, Launch Uber Kiosks
- Negative Sentiment: Citi trimmed its price target on UBER — analyst downgrades or target cuts increase near-term selling pressure and can amplify negative reactions after an EPS miss. Citigroup Cuts Uber Technologies (NYSE:UBER) Price Target to $110.00
Uber Technologies Trading Down 1.1%
UBER opened at $73.93 on Tuesday. The firm has a market capitalization of $153.61 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 6.32 and a beta of 1.21. The company’s 50 day simple moving average is $82.82 and its two-hundred day simple moving average is $89.58. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15.
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same period in the prior year, the business posted $3.21 EPS. Uber Technologies’s revenue for the quarter 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. Analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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.
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