Sumitomo Mitsui DS Asset Management Company Ltd Has $28.04 Million Holdings in Uber Technologies, Inc. $UBER

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 286,194 shares of the ride-sharing company’s stock after buying an additional 19,668 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Uber Technologies were worth $28,038,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Uber Technologies by 8.3% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,272 shares of the ride-sharing company’s stock valued at $516,000 after acquiring an additional 404 shares during the last quarter. Kesler Norman & Wride LLC bought a new position in Uber Technologies in the third quarter valued at approximately $880,000. Trueblood Wealth Management LLC increased its position in shares of Uber Technologies by 12.4% during the 3rd quarter. Trueblood Wealth Management LLC now owns 3,191 shares of the ride-sharing company’s stock worth $313,000 after purchasing an additional 351 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Uber Technologies by 31.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 238,329 shares of the ride-sharing company’s stock worth $23,349,000 after purchasing an additional 57,576 shares in the last quarter. Finally, Cromwell Holdings LLC increased its holdings in Uber Technologies by 2.8% during the third quarter. Cromwell Holdings LLC now owns 6,296 shares of the ride-sharing company’s stock worth $617,000 after buying an additional 169 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Jefferies and Bank of America reiterated Buy ratings with high price targets (~$119–$120), reinforcing buy-side conviction that Uber’s margin and free-cash-flow story can sustain upside. Jefferies and BofA Remain Bullish on Uber Technologies (UBER)
• Positive Sentiment: Wells Fargo raised its price target to $122 and kept an Overweight rating, signaling institutional confidence and providing a near-term technical/psychological boost for the stock. Wells Fargo Raises Price Target
• Positive Sentiment: CES robotaxi developments (Lucid’s reveal and Lucid–Nuro partnerships) and commentary that Nvidia’s robotaxi push could help platform players have revived optimism that Uber can act as the distribution/payment/routing layer for autonomous fleets—supporting margin inflection without owning vehicles. Lucid Motors Just Revealed Its New Robotaxi at CES 2026
• Positive Sentiment: MarketBeat highlights Uber’s margin-inflection thesis as the key 2026 catalyst—if AV fleets scale, Uber can improve operating leverage and cash flow by being the aggregator rather than the vehicle owner. 3 Tech Stocks Positioned for the Next Leg of the Bull Market
• Neutral Sentiment: Uber renewed its global maps deal with TomTom, which improves routing precision and efficiency but is incremental to near-term revenue; it supports execution rather than driving immediate upside. Uber Renews Global Maps Deal With TomTom
• Negative Sentiment: Zacks analysis ranks Baidu ahead of Uber in the autonomous-vehicle race, citing Baidu’s rollout, earnings outlook and valuation — a reminder that AV competition could cap upside for Uber’s AV narrative. UBER vs. BIDU: Which Stock Is Better Placed in the Promising AV Space?
• Negative Sentiment: Analysts expect Uber’s upcoming Q4 2025 results to show a double?digit decline in the bottom line, creating short-term earnings risk that could pressure the stock until results and guidance are clear. Uber’s Q4 2025 Earnings: What to Expect
• Negative Sentiment: Melius Research flagged Uber with a “strong sell” designation (contradicting other bullish notes), adding downside narrative risk from divergent analyst views. Melius Research Strong Sell Call

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Barclays lowered their price objective on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Guggenheim decreased their target price on Uber Technologies from $140.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Cantor Fitzgerald cut their price target on Uber Technologies from $108.00 to $99.00 and set an “overweight” rating for the company in a report on Thursday. Royal Bank Of Canada set a $110.00 price objective on shares of Uber Technologies in a research report on Wednesday, November 5th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.14.

Insider Activity at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 3,125 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the sale, the insider owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. This represents a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 14,875 shares of company stock worth $1,348,818. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

NYSE UBER opened at $85.46 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The firm has a market capitalization of $177.58 billion, a price-to-earnings ratio of 10.98 and a beta of 1.20. The firm’s 50 day simple moving average is $86.55 and its 200 day simple moving average is $91.35.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same period in the prior year, the company earned $1.20 EPS. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. As a group, research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

About Uber Technologies

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.