NewEdge Wealth LLC Reduces Stake in Uber Technologies, Inc. $UBER

NewEdge Wealth LLC lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 11.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,912 shares of the ride-sharing company’s stock after selling 26,247 shares during the period. NewEdge Wealth LLC’s holdings in Uber Technologies were worth $17,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the company. Kilter Group LLC acquired a new position in Uber Technologies during the 2nd quarter worth about $26,000. Westend Capital Management LLC acquired a new position in Uber Technologies in the 3rd quarter valued at about $27,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies during the second quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Uber Technologies during the third quarter worth about $34,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Uber Technologies in the second quarter valued at approximately $42,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Guggenheim reduced their target price on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. BNP Paribas Exane assumed coverage on Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price for the company. Morgan Stanley cut their price target on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Finally, Cantor Fitzgerald reduced their price target on Uber Technologies from $99.00 to $92.00 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-three have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.61.

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.84% of the stock is owned by company insiders.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber said it will invest more than $100 million to build dedicated fast?charging hubs for autonomous robotaxis, a concrete capital commitment that reduces a key scaling bottleneck for AV fleets and signals long-term commercialization progress. Uber to invest over $100 million in autonomous vehicle charging amid robotaxi push
• Positive Sentiment: Coverage highlights operational pushes and partnerships (Waymo, Lucid and others) and plans to expand robotaxi deployments and “pit?stop” infrastructure in multiple cities — news that supports upside to long?term mobility margins and network effects. Uber Stocks Climb As Ride?Hailing Giant Pours $100 Million Into New Robotaxi Charging Hubs
• Positive Sentiment: Several bullish analyst and op?ed pieces argue Uber is undervalued in the shift to AV/AI (calls it a rare buying opportunity and a valuation gap), which can attract investor interest and re-rate the stock if execution continues. Uber: A Rare Opportunity To Buy The Future Robotaxi ‘Winner?Take?Most’
• Neutral Sentiment: Aggregated analyst coverage remains active (23 analyst ratings summarized), keeping the stock in focus; this increases liquidity and reaction to company news but doesn’t by itself guarantee direction. What 23 Analyst Ratings Have To Say About Uber Technologies
• Neutral Sentiment: New Life360 integration expands product utility and could modestly support engagement and rider volumes over time, but it’s a steady?state product tie rather than a near?term revenue catalyst. Life360 and Uber Announce New Integration to Help Families Stay Connected on Every Trip
• Positive Sentiment: Uber secured a courtroom win: sanctions against a lawyer representing sexual?assault plaintiffs — a legal outcome that can lower potential liability/expense overhang. Uber wins sanctions against lawyer for sexual assault plaintiffs
• Negative Sentiment: Media pieces note an AI?driven “disruption panic” that has pressured shares industry?wide; the WSJ flags that Uber’s scale may be getting undervalued amid sentiment?led selling, which can keep downside volatility elevated even with constructive news. Uber, Latest Victim of Disruption Panic, Still Has Role in Robotaxis
• Negative Sentiment: Skeptical commentary (“This Makes No Sense”) and commentary about short?term “over?trading” add noise and can amplify intraday swings even if fundamentals improve. Uber: This Makes No Sense

Uber Technologies Stock Up 3.2%

Uber Technologies stock opened at $72.79 on Thursday. The stock has a market cap of $149.81 billion, a PE ratio of 15.45, a P/E/G ratio of 6.45 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. The stock’s fifty day moving average is $80.27 and its two-hundred day moving average is $88.73. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS 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.