Meridian Investment Counsel Inc. Increases Holdings in Uber Technologies, Inc. $UBER

Meridian Investment Counsel Inc. lifted its position in Uber Technologies, Inc. (NYSE:UBER) by 63.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,653 shares of the ride-sharing company’s stock after purchasing an additional 13,090 shares during the period. Meridian Investment Counsel Inc.’s holdings in Uber Technologies were worth $2,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Ascent Group LLC grew its stake in shares of Uber Technologies by 4.7% during the 4th quarter. Ascent Group LLC now owns 45,120 shares of the ride-sharing company’s stock valued at $3,687,000 after purchasing an additional 2,022 shares during the period. Accel Wealth Management lifted its stake in shares of Uber Technologies by 8.2% in the 4th quarter. Accel Wealth Management now owns 3,248 shares of the ride-sharing company’s stock worth $265,000 after purchasing an additional 245 shares during the period. Savvy Advisors Inc. lifted its stake in shares of Uber Technologies by 52.7% in the 4th quarter. Savvy Advisors Inc. now owns 26,534 shares of the ride-sharing company’s stock worth $2,168,000 after purchasing an additional 9,152 shares during the period. Whalen Wealth Management Inc. boosted its holdings in shares of Uber Technologies by 104.6% in the fourth quarter. Whalen Wealth Management Inc. now owns 5,340 shares of the ride-sharing company’s stock worth $436,000 after buying an additional 2,730 shares during the last quarter. Finally, Stratos Investment Management LLC boosted its holdings in shares of Uber Technologies by 0.7% in the fourth quarter. Stratos Investment Management LLC now owns 135,971 shares of the ride-sharing company’s stock worth $11,110,000 after buying an additional 915 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber agreed to acquire Blacklane, adding a global premium chauffeur/pre‑booked executive travel business to diversify beyond core ride‑hail and deepen corporate/luxury reach — a move analysts say supports higher-margin revenue and narrows valuation concerns. Uber’s Blacklane Deal Puts Focus On Premium Growth And Valuation Gap
• Positive Sentiment: Bank of America Securities reiterated a Buy on UBER with a $103 price target, explicitly citing the Blacklane deal — institutional support that could underpin the stock ifexecution and premium expansion play out. Bank of America Securities Maintains a Buy Rating on Uber (UBER) Following Blacklane Acquisition
• Positive Sentiment: Uber and WeRide launched Level‑4, fare‑charging robotaxis in Dubai (Uber holds a ~5.82% stake in WeRide). Real‑world AV deployments can reduce long‑term driver costs and open new mobility revenue streams if scalable. Uber Holds a 5.82% Stake in WeRide. Should You Buy WRD Stock Too?
• Positive Sentiment: Uber expanded EV incentives for drivers (national program offering up to $6,500; other reports cite $4,000 offers) to accelerate electrification, reduce driver fuel exposure, and support regulatory/ESG positioning — a potential long‑term cost saving and PR positive. Uber expands EV grant nationwide, offering drivers up to $6,500 in incentives
• Neutral Sentiment: CEO Dara Khosrowshahi signaled openness to integrating Tesla robotaxis on Uber’s platform — a potential revenue upside but dependent on third‑party AV readiness and regulatory approvals. Uber CEO Dara Khosrowshahi hopes to incorporate Tesla robotaxis on its platform: ‘It’s a great car’
• Neutral Sentiment: Commentary pieces on AI/agent infrastructure and autonomy debate (Fortune, Motley Fool, Zacks) frame longer‑term strategic context but are unlikely to move the stock near term. I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself
• Negative Sentiment: Restaurant partners pushed back after Eats fee increases — a notable chain cut ties, highlighting merchant resistance that could pressure Eats GMV or force promotions/fee rollbacks. Popular pizza chain cuts ties with Uber Eats
• Negative Sentiment: Outlets urging caution note autonomous vehicles could both help and threaten Uber’s core ride business — if OEMs monetize robotaxis directly, Uber’s take-rate and marketplace edge could be pressured. Should You Buy Uber Stock on the Dip?

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the subject of a number of research reports. Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. DA Davidson cut their price objective on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Guggenheim reduced their price objective on Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Melius Research set a $73.00 target price on Uber Technologies in a report on Monday, January 5th. Finally, Morgan Stanley lowered their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $105.14.

Uber Technologies Stock Down 0.1%

Shares of UBER stock opened at $71.75 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 one year low of $60.63 and a one year high of $101.99. The company’s fifty day moving average price is $74.28 and its 200-day moving average price is $84.27. The company has a market capitalization of $146.59 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 6.57 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The firm 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 quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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.