Uber Technologies, Inc. $UBER Stock Sold by Northeast Investment Management

Northeast Investment Management reduced its position in Uber Technologies, Inc. (NYSE:UBER) by 47.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 52,513 shares of the ride-sharing company’s stock after selling 47,582 shares during the period. Northeast Investment Management’s holdings in Uber Technologies were worth $3,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dunhill Financial LLC bought a new stake in Uber Technologies during the 2nd quarter worth about $28,000. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Uber Technologies in the 2nd quarter valued at about $29,000. William Mack & Associates Inc. bought a new position in shares of Uber Technologies in the 3rd quarter valued at about $28,000. Elevation Wealth Partners LLC boosted its stake in shares of Uber Technologies by 209.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 409 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 277 shares during the last quarter. Finally, Balance Wealth Partners LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $29,000. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Third-quarter gross bookings rose 20% to about $59.8 billion, and adjusted EPS increased 35% to $0.88, slightly above estimates. Revenue of $14.77 billion also topped expectations. Uber Q3 results and headwinds
• Positive Sentiment: Delivery strength and plans to expand Uber’s driverless fleet—targeting more than 2,000 vehicles by 2027—offer potential growth beyond core ride-hailing. Uber delivery and robotaxi plans
• Neutral Sentiment: The 92% decline in GAAP net income to $512 million largely reflects unusual prior-year tax and investment benefits, plus a current-quarter investment loss; adjusted operating measures improved. Uber financial results
• Negative Sentiment: Uber’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus. Management cited driver shortages, higher fuel costs and geopolitical pressures; added driver incentives could weigh on margins. Uber profit forecast and headwinds
• Negative Sentiment: Mobility bookings and trips missed expectations amid supply constraints, and Waymo plans to end its exclusive Uber robotaxi partnership in Austin and Atlanta by January 2028, creating a longer-term competitive risk in those markets. Waymo partnership split

Uber Technologies Stock Up 5.0%

Shares of NYSE:UBER opened at $69.95 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies, Inc. has a 52 week low of $64.04 and a 52 week high of $95.44. The company has a 50 day moving average price of $70.50 and a two-hundred day moving average price of $73.18. The company has a market capitalization of $142.89 billion, a PE ratio of 15.37, a PEG ratio of 6.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The firm had revenue of $14.77 billion during the quarter, compared to analysts’ expectations of $14.66 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The company’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.11 earnings per share. Analysts forecast that Uber Technologies, Inc. will post 3.20 earnings per share for the current year.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Andrew Macdonald bought 70,000 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was acquired at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jill Hazelbaker sold 28,170 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the sale, the insider owned 149,525 shares in the company, valued at $10,662,627.75. This trade represents a 15.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on UBER shares. Rosenblatt Securities began coverage on shares of Uber Technologies in a research note on Tuesday, September 1st. They set a “buy” rating and a $100.00 price target for the company. Bank of America reduced their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Wednesday, September 30th. Wedbush reaffirmed an “outperform” rating and set a $91.00 target price on shares of Uber Technologies in a report on Tuesday, September 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $102.86.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.