DNB Asset Management AS Boosts Stock Position in Uber Technologies, Inc. $UBER

DNB Asset Management AS raised its stake in Uber Technologies, Inc. (NYSE:UBER) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 643,558 shares of the ride-sharing company’s stock after purchasing an additional 10,542 shares during the period. DNB Asset Management AS’s holdings in Uber Technologies were worth $52,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new position in Uber Technologies in the fourth quarter valued at about $28,000. Imprint Wealth LLC purchased a new position in Uber Technologies in the third quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the third quarter valued at about $34,000. Finally, Hager Investment Management Services LLC grew its stake in Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock valued at $40,000 after purchasing an additional 359 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $75.23 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $153.14 billion, a PE ratio of 18.76, a P/E/G ratio of 5.74 and a beta of 1.16. The business has a 50-day simple moving average of $74.19 and a two-hundred day simple moving average of $80.14. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 3.26 EPS for the current fiscal year.

Insider Activity

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

Analysts Set New Price Targets

Several research firms have issued reports on UBER. Piper Sandler lifted their target price on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research note on Thursday, February 5th. Cantor Fitzgerald cut their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday. Finally, The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $105.11.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber’s Uber One subscription program reached 50 million members, highlighting stronger customer loyalty and a potentially more durable recurring revenue stream. Uber just hit an impressive 50M milestone
• Positive Sentiment: Fox Advisors upgraded Uber to Outperform and set a $95 price target, reflecting confidence in the company’s investment strategy and future earnings power. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
• Positive Sentiment: Uber announced plans to open two campuses in India and expand infrastructure support there, which could strengthen product development and operating efficiency over time. Uber to open 2 campuses in India to support product development, operations
• Neutral Sentiment: Several articles continue to frame Uber as a long-term “super app” or autonomy winner, but these are mostly strategic narratives rather than immediate catalysts. Can Uber Make an “Everything” App?
• Negative Sentiment: SoftBank’s Q1 portfolio update showed a complete exit from Uber, which may weigh on sentiment because it removes a notable institutional backer. SoftBank (SFTBY) Dumps Uber and Lemonade, Slashes T-Mobile Holdings in Q1 Portfolio Overhaul
• Negative Sentiment: Reports about tension in the Uber-Waymo partnership and criticism of autonomous-vehicle rollout could raise concerns about the pace and competitiveness of Uber’s self-driving strategy. Uber-Waymo Partnership On The Rocks? Exec Shares ‘Scary’ SF Robotaxi Moment, Slam AV Rollout

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.