Uber Technologies, Inc. (NYSE:UBER – Get Free Report) CEO Dara Khosrowshahi purchased 141,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the transaction, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Uber Technologies Stock Down 1.3%
NYSE UBER opened at $71.64 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The firm has a market capitalization of $146.32 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 5.74 and a beta of 1.16. The company has a fifty day moving average of $73.95 and a two-hundred day moving average of $73.60.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, analysts predict that Uber Technologies, Inc. will post 3.45 earnings per share for the current year.
Key Uber Technologies News
- Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. COO Andrew MacDonald also reportedly made substantial purchases, signaling management confidence in Uber’s valuation and long-term outlook. Uber insider buying article
- Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. Mapping and supervised testing of an initial 20-vehicle fleet in Madrid are expected to support a commercial launch by the end of 2026, strengthening Uber’s partner-based robotaxi strategy and potential European expansion. Reuters Spain autonomous vehicle permit article
- Positive Sentiment: A partnership with Wakefern adds more than 375 supermarkets to Uber Eats, expanding grocery delivery coverage and increasing exposure to recurring everyday purchases. Uber Wakefern grocery deal article
- Neutral Sentiment: Recent commentary comparing Uber with Grab highlights differing growth profiles and valuation trade-offs. Elevated call-option activity and favorable long-term analyst price targets show investor interest, but neither necessarily changes Uber’s near-term earnings outlook.
- Negative Sentiment: Arete Research downgraded Uber from “buy” to “neutral” and assigned a $74 price target. Although the target remains above recent levels, the downgrade may reinforce concerns that near-term upside is limited after the stock’s decline.
- Negative Sentiment: Uber drivers in Amsterdam sued, alleging that the company’s pay algorithm reduced earnings and violated privacy laws. The claims could increase regulatory scrutiny, legal costs and pressure to modify driver compensation. Amsterdam Uber driver lawsuit article
- Negative Sentiment: Local ride-hailing companies in Nigeria are positioning themselves as alternatives to Uber, underscoring competitive and market-share risks in one of Uber’s international markets. Nigeria ride-hailing competition article
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of UBER. Cadence Bank lifted its holdings in shares of Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after buying an additional 122 shares during the period. Hazlett Burt & Watson Inc. increased its stake in shares of Uber Technologies by 3.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock valued at $395,000 after buying an additional 139 shares during the period. Stonebrook Private Inc. raised its holdings in shares of Uber Technologies by 6.1% in the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock valued at $203,000 after acquiring an additional 143 shares in the last quarter. Avion Wealth raised its holdings in shares of Uber Technologies by 17.3% in the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock valued at $70,000 after acquiring an additional 145 shares in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in Uber Technologies by 15.8% in the first quarter. Capital Advisors Ltd. LLC now owns 1,078 shares of the ride-sharing company’s stock worth $78,000 after acquiring an additional 147 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on UBER shares. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 4th. Rosenblatt Securities began coverage on Uber Technologies in a research note on Tuesday, September 1st. They set a “buy” rating and a $100.00 target price on the stock. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research note on Monday, June 29th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, August 19th. Finally, Wedbush reiterated an “outperform” rating and issued a $91.00 target price on shares of Uber Technologies in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.03.
Get Our Latest Stock Report on Uber Technologies
Uber Technologies Company Profile
Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.
Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.
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