Jupiter Asset Management Ltd. Takes Position in Uber Technologies, Inc. $UBER

Jupiter Asset Management Ltd. acquired a new stake in Uber Technologies, Inc. (NYSE:UBER) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 975,165 shares of the ride-sharing company’s stock, valued at approximately $79,681,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $28,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies in the third quarter valued at approximately $32,000. Finally, Hager Investment Management Services LLC increased its stake in shares of Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock valued at $40,000 after buying an additional 359 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Royal Bank Of Canada initiated coverage on Uber Technologies in a research note on Monday, May 11th. They issued an “outperform” rating for the company. Piper Sandler upped their target price on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Truist Financial upped their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wells Fargo & Company upped their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber raised its stake in Delivery Hero to 36.83% amid takeover discussions, reinforcing the company’s push to consolidate in food delivery and potentially expand its international reach. Uber Raises Delivery Hero Stake To 36.83% Amid Takeover Talks
• Positive Sentiment: Uber continues to benefit from strategic partnerships, including a new integration with hotel platform Mews that lets hotels book, track, and bill Uber rides for guests and staff, which could support ride volume growth. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber was highlighted at the Bernstein Strategic Decisions Conference, where management’s presentation likely kept focus on execution, profitability, and growth strategy for investors. Uber Technologies, Inc. Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: Analysts and commentators are debating whether Waymo’s robotaxi progress is a threat to Uber or a sign that ride-hailing demand remains resilient, keeping the competitive narrative in focus. Waymo won’t kill Uber, this investor says
• Neutral Sentiment: Uber also received attention from unusually heavy call-option buying, suggesting traders were positioning for further upside. Trouble With Waymo? Call an Uber
• Negative Sentiment: One note flagged insider stock sales totaling about $4.6 million, which can sometimes be read as a cautious signal even if it does not necessarily change the underlying business outlook. Insiders At Uber Technologies Sold US$4.6m In Stock, Alluding To Potential Weakness
• Negative Sentiment: Uber also faces some scrutiny from reports about customer complaints over Uber One membership charges, which could pressure sentiment if retention or billing issues become a bigger issue. Upset Uber customers charged for monthly memberships they say they never signed up for

Insider Activity

In related 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 value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies Price Performance

Uber Technologies stock opened at $70.89 on Friday. The stock has a market capitalization of $144.31 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 6.01 and a beta of 1.16. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The stock’s 50 day moving average price is $73.84 and its two-hundred day moving average price is $78.59. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

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

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.