AustralianSuper Pty Ltd Sells 70,976 Shares of Uber Technologies, Inc. $UBER

AustralianSuper Pty Ltd trimmed its position in Uber Technologies, Inc. (NYSE:UBER) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,373,582 shares of the ride-sharing company’s stock after selling 70,976 shares during the period. AustralianSuper Pty Ltd’s holdings in Uber Technologies were worth $112,235,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sage Rhino Capital LLC lifted its holdings in shares of Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares during the last quarter. Advisors Capital Management LLC grew its stake in Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after buying an additional 111 shares during the last quarter. Emergent Wealth Advisors LLC grew its stake in Uber Technologies by 0.7% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares during the last quarter. Stelac Advisory Services LLC increased its position in Uber Technologies by 10.4% during the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after buying an additional 117 shares in the last quarter. Finally, Archer Investment Corp increased its position in Uber Technologies by 33.2% during the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock valued at $46,000 after buying an additional 118 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on UBER shares. JPMorgan Chase & Co. raised their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Mizuho cut their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday. Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley dropped their target price on shares of 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 analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $105.11.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly 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 SEC filing for this purchase provides additional information. Company insiders own 3.81% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Uber said its Uber One subscription program has reached 50 million members, highlighting strong customer loyalty and recurring revenue potential as the company deepens engagement across rides and delivery. Uber just hit an impressive 50M milestone
• Positive Sentiment: Uber is expanding its technology and operations footprint in India with two new campuses and a data-center partnership, signaling ongoing investment in product development and infrastructure that could support future growth. Uber to open 2 campuses in India to support product development, operations
• Positive Sentiment: Analyst sentiment remains constructive, with Fox Advisors upgrading Uber to Outperform and setting a $95 target, while another update nudged fair-value estimates higher as investors reassess Uber’s autonomy partnerships and valuation. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio How The Uber Technologies (UBER) Narrative Is Shifting Around Autonomy Deals And Valuation
• Positive Sentiment: Uber continues to get bullish attention from prominent market voices and investors, including commentary from Jim Cramer and a note that billionaire David Tepper views Uber as a top AI stock, which may help sentiment around the shares. Jim Cramer on Uber: “There Aren’t Many as Good” This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
• Neutral Sentiment: Several articles continue to frame Uber as a potential “everything app” or a beneficiary of robotaxi and autonomy upside, but these are longer-term themes rather than immediate catalysts. Can Uber Make an “Everything” App? Uber: Accelerating Flywheel With Superapp And Robotaxis Upside
• Neutral Sentiment: Uber’s leadership reshuffle, focused on AI and autonomous-vehicle risk management, appears strategic rather than alarming and may simply reflect the company’s shifting priorities. Uber Reshapes Leadership To Tackle AI And Autonomous Vehicle Risks
• Negative Sentiment: Uber’s public sparring with Waymo could underscore competitive pressure in autonomous driving, even if it does not change near-term fundamentals. Uber has been taking direct — and indirect — shots at its partner, Waymo

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $74.70 on Friday. The company has a 50 day simple moving average of $74.22 and a two-hundred day simple moving average of $80.17. The stock has a market cap of $152.05 billion, a price-to-earnings ratio of 18.63, a PEG ratio of 5.76 and a beta of 1.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts predict that Uber Technologies, Inc. will post 3.25 earnings per share for the current 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.