Douglas Lane & Associates LLC Grows Stake in Uber Technologies, Inc. $UBER

Douglas Lane & Associates LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 26.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 287,237 shares of the ride-sharing company’s stock after buying an additional 60,134 shares during the period. Douglas Lane & Associates LLC’s holdings in Uber Technologies were worth $19,679,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in UBER. BIP Wealth LLC purchased a new position in Uber Technologies during the 2nd quarter worth $1,033,000. Pacer Advisors Inc. boosted its holdings in Uber Technologies by 23.7% in the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock valued at $370,641,000 after purchasing an additional 985,989 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Uber Technologies by 6.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock worth $37,025,000 after buying an additional 29,587 shares in the last quarter. Weiss Asset Management LP boosted its stake in shares of Uber Technologies by 465.5% in the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock valued at $4,497,000 after buying an additional 51,465 shares in the last quarter. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in Uber Technologies during the fourth quarter worth $17,336,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Up 1.5%

UBER traded up $1.04 on Friday, hitting $71.28. The company had a trading volume of 9,758,189 shares, compared to its average volume of 19,049,656. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $100.35. The firm has a market capitalization of $145.60 billion, a P/E ratio of 15.67, a P/E/G ratio of 5.57 and a beta of 1.27. The stock has a fifty day simple moving average of $73.15 and a 200-day simple moving average of $72.95.

Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 3.35 EPS for the current fiscal year.

Insider Activity at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi acquired 141,000 shares of Uber Technologies stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This represents a 11.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the transaction, the insider owned 149,525 shares in the company, valued at approximately $10,662,627.75. This trade represents a 15.85% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by insiders.

Trending Headlines about Uber Technologies

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

  • Positive Sentiment: ezCater acquisition broadens Uber’s revenue base: Uber agreed to acquire profitable workplace-catering platform ezCater for approximately $2.3 billion in cash. The deal could expand Uber Eats and Uber for Business, add higher-value orders—ezCater’s average order exceeds $400—and diversify revenue beyond rides. Uber’s ezCater Acquisition Looks Like a Smart Move to Diversify Revenue Streams
  • Positive Sentiment: Potential bookings and EBITDA lift: Analysts estimate Uber’s planned acquisitions of ezCater and Delivery Hero could add roughly $66 billion in bookings and help push 2027 bookings above $340 billion, with projected EBITDA potentially reaching $16.6 billion. Uber Technologies: Delivery Hero, ezCater Acquisition Should Push 2027 Bookings To Over $340B
  • Positive Sentiment: Robotaxi expansion advances: Uber and Pony.ai plan to test Gen-7 autonomous vehicles in London within weeks, supporting Uber’s strategy to introduce autonomous ride-hailing across multiple global cities. Uber and China’s Pony.ai plan to launch robotaxis in London
  • Positive Sentiment: Additional delivery partnerships: Sur La Table is joining Uber Eats, adding cookware, appliances, kitchen tools and other products to the platform and reinforcing Uber’s broader commerce strategy. Sur La Table Arrives on Uber Eats
  • Neutral Sentiment: Analyst support remains constructive: Citizens JMP reaffirmed a “Market Outperform” rating, while investor commentary highlighted strong operational growth and bookings momentum.
  • Negative Sentiment: Acquisition and margin risks: Paying cash for ezCater increases near-term capital commitments, and some investors question whether Uber can integrate multiple acquisitions effectively. Separately, Uber’s operating margin recently reached a five-year high, but analysts warn it could decline if the factors driving the improvement do not persist. Is There A Risk Hiding In Uber Stock’s Best-Looking Number?

Analysts Set New Price Targets

UBER has been the topic of a number of recent analyst reports. Rosenblatt Securities began coverage on shares of Uber Technologies in a research note on Tuesday, September 1st. They set a “buy” rating and a $100.00 price target on the stock. KeyCorp lowered their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Susquehanna reduced their price objective on Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. Arete Research set a $74.00 price target on Uber Technologies and gave the company a “neutral” rating in a research report on Thursday, September 10th. Finally, The Goldman Sachs Group set a $100.00 price objective on shares of Uber Technologies in a research report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $103.11.

Read Our Latest Report on Uber Technologies

Uber Technologies Company Profile

(Free Report)

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.

Featured Articles

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.