Fisher Funds Management LTD Invests $9.43 Million in Uber Technologies, Inc. $UBER

Fisher Funds Management LTD purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 115,168 shares of the ride-sharing company’s stock, valued at approximately $9,427,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Westend Capital Management LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $27,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $34,000. Finally, Hager Investment Management Services LLC lifted its holdings in shares of Uber Technologies by 276.2% during the 4th quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after acquiring an additional 359 shares during the period. Institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UBER. Cantor Fitzgerald cut their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Citizens Jmp raised shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research note on Wednesday, February 4th. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, March 11th. Melius Research set a $73.00 price objective on shares of Uber Technologies in a research note on Monday, January 5th. Finally, KeyCorp dropped their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is currently owned by corporate insiders.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Big robotaxi commitment: reports that Uber has committed more than $10 billion to buy autonomous vehicles and take stakes in AV developers supports a long-term growth narrative (potential higher lifetime customer value and marketplace control), and was a key driver of recent rallies. Uber commits $10bn to robotaxis in strategy shift
• Positive Sentiment: Expanded Lucid tie and fresh investment: Uber increased its Lucid investment and vehicle-purchase commitment, signaling accelerated AV partnerships that can help execute the robotaxi plan and justify upside expectations. Uber strengthens self-driving ambitions with new Lucid investment, analysts say
• Positive Sentiment: High-profile bullish commentary: Jim Cramer and some sell‑side notes have framed recent weakness as a buying opportunity, which can attract retail flows and short-covering into the name. Jim Cramer on Uber: “This Sell-Off Is Creating Bargains”
• Positive Sentiment: Analyst/strategy endorsements: Wolfe Research and other analysts have highlighted Uber among internet/tech opportunities for 2026, lending institutional credibility to the growth + valuation story. Wolfe Research Highlights Meta (META), Uber (UBER), DoorDash (DASH), and Shopify (SHOP) as Prime Internet Stock Opportunities
• Neutral Sentiment: Valuation / “undervalued” narratives: some analysts and aggregators argue UBER looks undervalued given robotaxi optionality and strong ride‑hailing economics, but these views are contingent on successful execution and heavy capex. Uber (UBER) Looks Undervalued as the Market Misses the Story
• Negative Sentiment: AI budget pressures: Uber’s CTO says Anthropic/Claude usage has driven AI engineering costs beyond expectations despite heavy R&D spending, raising concerns about higher operating expenses and uncertain near-term ROI. Rising AI Adoption Is Driving Up Enterprise Costs
• Negative Sentiment: Legal/operational risk: a federal lawsuit alleges an organized ring of staged rides/crashes on Long Island to defraud insurers — a headline that could prompt near-term reputational risk and potential litigation/insurance cost scrutiny. Federal lawsuit: Interconnected network of Uber passengers staged crashes on Long Island to bilk insurance providers

Uber Technologies Trading Down 1.1%

UBER opened at $76.43 on Friday. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average of $73.18 and a 200-day moving average of $82.85. The stock has a market cap of $156.14 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 7.05 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data 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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter last year, the company earned $3.21 earnings per share. The company’s quarterly revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, sell-side analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.