Long Corridor Asset Management Ltd Sells 156,800 Shares of Uber Technologies, Inc. $UBER

Long Corridor Asset Management Ltd lowered its holdings in Uber Technologies, Inc. (NYSE:UBER) by 48.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,200 shares of the ride-sharing company’s stock after selling 156,800 shares during the period. Uber Technologies comprises about 6.7% of Long Corridor Asset Management Ltd’s investment portfolio, making the stock its 6th biggest holding. Long Corridor Asset Management Ltd’s holdings in Uber Technologies were worth $16,381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Kilter Group LLC acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $26,000. Westend Capital Management LLC bought a new stake in shares of Uber Technologies in the 3rd quarter worth approximately $27,000. Total Investment Management Inc. acquired a new position in Uber Technologies during the 2nd quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Uber Technologies during the 3rd quarter valued at approximately $34,000. Finally, Howard Hughes Medical Institute bought a new position in Uber Technologies during the 2nd quarter worth $42,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. DA Davidson dropped their target price on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a report on Wednesday, February 4th. Wall Street Zen lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Wednesday. Finally, Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $104.53.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber expands mobility offerings in India by adding pan‑India intercity bus ticketing via a partnership with AbhiBus — a low‑capital way to widen addressable market and drive platform usage in a fast‑growing geography. Article Title
• Positive Sentiment: Management used the Morgan Stanley TMT conference to lay out a strategic roadmap (five pillars highlighted by new CFO Balaji) emphasizing growth, margin discipline and product innovation — a reaffirmation of long‑term strategy that supports multiple revenue streams. Article Title
• Positive Sentiment: Uber Air (with Joby) has launched in Dubai, letting users book eVTOL rides through the Uber app — opens an adjacent mobility market and reinforces Uber’s platform play, though monetization and scale remain multi‑year questions. Article Title
• Positive Sentiment: Coverage highlighting the gig‑economy tailwind lists Uber among names to watch, underscoring structural demand for rideshare and delivery services as consumers return to out‑of‑home spending. Article Title
• Neutral Sentiment: Zacks notes the stock has moved modestly since the last earnings release and asks whether that momentum can continue — useful context but not a directional catalyst on its own. Article Title
• Neutral Sentiment: Market and analyst pieces debate the Uber–Joby tie‑up (game‑changer vs. hype). The partnership enhances platform optionality but financial payoff is distant and depends on Joby scale and unit economics. Article Title
• Negative Sentiment: Recent quarterly results showed an EPS miss (EPS below consensus) despite revenue growth — a near‑term negative that often pressures the stock until guidance or execution re‑assures investors. Article Title

Uber Technologies Stock Down 0.5%

Shares of Uber Technologies stock opened at $75.07 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The business’s fifty day moving average price is $78.54 and its two-hundred day moving average price is $87.29. The company has a market capitalization of $154.50 billion, a P/E ratio of 15.94, a PEG ratio of 6.89 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current 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.