Stock Traders Purchase High Volume of Call Options on Uber Technologies (NYSE:UBER)

Uber Technologies, Inc. (NYSE:UBER) was the recipient of unusually large options trading activity on Wednesday. Traders purchased 113,084 call options on the company. This is an increase of 36% compared to the average volume of 83,217 call options.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber saw unusually heavy call-option buying, with traders purchasing 113,084 contracts, suggesting some investors are positioning for further upside. Uber options activity
• Positive Sentiment: Uber’s brand got a boost after Waymo reportedly told a stranded rider to “call Uber,” reinforcing Uber’s role as the go-to backup option in autonomous ride-hailing. Trouble With Waymo? Call an Uber
• Positive Sentiment: Uber announced a partnership with hotel platform Mews to embed ride booking, tracking, and billing into hotel operations systems, which could expand enterprise ride volume. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Analysts and media commentary remain constructive on Uber, with DA Davidson reaffirming a Buy and setting a $107 target, and other firms still bullish on the stock. Cramer on DoorDash / Uber mentioned
• Neutral Sentiment: Jim Cramer also highlighted Uber as a stock he would buy, which adds sentiment support but is not a direct fundamental catalyst. Cramer on DoorDash / Uber mentioned
• Neutral Sentiment: Uber is still being watched for its potential bid for Delivery Hero, but the deal remains uncertain and faces major regulatory hurdles, making the impact on UBER shares more ambiguous. Uber makes $11.6 billion takeover bid for Delivery Hero
• Negative Sentiment: Uber’s COO questioned whether the company’s rapid AI spending is paying off, saying costs are hard to justify relative to customer-facing benefits. Uber burned through its entire 2026 AI budget in four months
• Negative Sentiment: Uber is facing criticism over customer complaints about unexpected Uber One membership charges, which could pressure trust and churn. Upset Uber customers charged for monthly memberships

Analyst Ratings Changes

UBER has been the topic of a number of analyst reports. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. JPMorgan Chase & Co. lifted their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Morgan Stanley lowered their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald lowered their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.97.

Insider Transactions at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Uber Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. Capital Research Global Investors raised its stake in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Geode Capital Management LLC raised its stake in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after acquiring an additional 1,602,596 shares during the period. Norges Bank bought a new stake in Uber Technologies in the 4th quarter valued at about $2,515,094,000. Finally, Northern Trust Corp increased its position in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after buying an additional 297,132 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

Shares of NYSE UBER traded up $0.51 during mid-day trading on Wednesday, reaching $70.63. 15,732,757 shares of the company’s stock were exchanged, compared to its average volume of 18,788,572. The firm has a market capitalization of $143.77 billion, a price-to-earnings ratio of 17.61, a price-to-earnings-growth ratio of 6.11 and a beta of 1.16. Uber Technologies has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50-day moving average price of $74.06 and a two-hundred day moving average price of $78.89.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the previous year, the business posted $0.83 EPS. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts predict that Uber Technologies will post 2.95 EPS for the current year.

Uber Technologies Company 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.