Vestcor Inc Increases Stock Holdings in Uber Technologies, Inc. $UBER

Vestcor Inc grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 40.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,963 shares of the ride-sharing company’s stock after purchasing an additional 15,483 shares during the period. Vestcor Inc’s holdings in Uber Technologies were worth $5,287,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Norges Bank purchased a new position in Uber Technologies in the 2nd quarter valued at $2,348,319,000. Pacer Advisors Inc. raised its position in Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after buying an additional 4,133,532 shares during the last quarter. Vanguard Group Inc. raised its position in Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after buying an additional 3,025,483 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Uber Technologies by 97.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock worth $531,197,000 after acquiring an additional 2,671,539 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, 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 completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.70% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Nissan partnership on self‑driving technology reinforces Uber’s long‑term autonomous strategy and OEM relationships, which could lower vehicle costs and speed fleet deployments. Nissan to partner with Uber on self-driving technology
• Positive Sentiment: Uber outlined a strategic vision at the Morgan Stanley conference and benefits from large activist/hedge‑fund backing (Pershing Square/Ackman), which can provide credibility and a potential shareholder‑friendly focus. Uber Technologies, Inc. (UBER) Outlines Its Strategic Vision at Morgan Stanley Conference
• Positive Sentiment: Expansion of Uber Autonomous Solutions and planned Uber Air (Joby eVTOL partnerships) extends addressable market beyond human drivers and supports a multi-modal platform thesis. These initiatives underpin long‑term growth optionality. Uber Expands Autonomous And Air Taxi Services As Valuation Signals Upside
• Positive Sentiment: High‑profile bullish commentary (e.g., Jim Cramer) may support investor conviction for those focused on long‑term market share and platform scale. Jim Cramer on Uber
• Neutral Sentiment: Analyst/industry pieces note Uber’s cheap valuation versus industrial peers, but highlight robotaxi competition and regulatory uncertainty as offsets — a valuation story with clear risk factors. Is UBER’s Cheap Valuation Reason Enough to Invest in the Stock?
• Neutral Sentiment: Coverage notes Uber is profitable but the stock hasn’t re‑rated, suggesting investors remain cautious and want clearer evidence growth will translate into sustained higher margins. Uber is finally profitable. So why is the stock still going nowhere?
• Negative Sentiment: Rapid robotaxi expansion by competitors like Waymo is accelerating and could compress Uber’s ride‑hailing margins and driver supply in key markets. How autonomous vehicles are disrupting the rideshare economy
• Negative Sentiment: Safety incidents and mounting assault cases are a reputational/regulatory risk; Uber’s rollout of a female‑driver option is a mitigation step but highlights ongoing liabilities that can pressure demand and invite scrutiny. Uber expands female driver option in the US amid mounting assault cases
• Negative Sentiment: Uber’s last quarterly EPS missed consensus (Feb. 4) and guidance is conservative for Q1 2026, which keeps near‑term expectations muted despite revenue growth. (Company reported the miss and set Q1 guidance publicly.)

Uber Technologies Trading Down 1.6%

Shares of UBER stock opened at $73.91 on Tuesday. The firm has a 50-day moving average price of $78.39 and a 200 day moving average price of $87.10. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a market capitalization of $152.11 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 6.89 and a beta of 1.22. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Wednesday, March 4th. Roth Mkm set a $105.00 price objective on Uber Technologies in a report on Thursday, February 5th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Morgan Stanley cut their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.

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.