Rep. Dan Newhouse Acquires Uber Technologies, Inc. (NYSE:UBER) Stock

Representative Dan Newhouse (Republican-Washington) recently bought shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on July 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Uber Technologies stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Uber Technologies Stock Performance

Shares of Uber Technologies stock traded down $0.61 on Tuesday, reaching $71.56. 5,785,291 shares of the company traded hands, compared to its average volume of 19,299,695. The company has a 50 day moving average of $72.64 and a 200 day moving average of $75.03. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The firm has a market capitalization of $145.67 billion, a PE ratio of 17.84 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating 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 business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 3 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on UBER shares. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, July 14th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. TD Cowen restated a “buy” rating and issued a $118.00 price objective on shares of Uber Technologies in a report on Thursday. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Finally, KeyCorp decreased their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $104.65.

Uber Technologies News Summary

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

• Positive Sentiment: Uber expanded Uber Eats retail delivery through new partnerships with Foot Locker, Kids Foot Locker, and Champs Sports, adding more than 1,000 store locations and widening its marketplace beyond restaurants. Uber (UBER) Expands Uber Eats Retail Reach With Foot Locker And 1,000 Stores
• Positive Sentiment: Domino’s said third-party delivery partnerships, including Uber Eats, are increasing order counts and attracting new customers, reinforcing demand for Uber’s delivery network. Domino’s says order counts are up thanks to third-party delivery
• Positive Sentiment: Uber is still drawing investor attention ahead of a key update, and some coverage points to a relatively attractive valuation, which can help support sentiment. Should You Buy Uber Stock Before the Huge Investor Update?
• Neutral Sentiment: Market commentary notes that investors are watching Uber closely, but the article does not point to a new catalyst by itself. Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Investors remain worried that driverless technology could erode Uber’s long-term competitive advantage, creating a headwind for the stock. Should You Buy Uber Stock Before the Huge Investor Update?

Hedge Funds Weigh In On Uber Technologies

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. Capital Research Global Investors grew its holdings in Uber Technologies by 2.6% during 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 buying an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after acquiring an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at $2,515,094,000. Finally, Northern Trust Corp grew its stake in 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 acquiring an additional 297,132 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.