Uber Technologies, Inc. $UBER Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 67.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,913 shares of the ride-sharing company’s stock after acquiring an additional 7,196 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Uber Technologies were worth $1,755,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brant Point Investment Management LLC acquired a new position in Uber Technologies during the second quarter worth about $933,000. Spirepoint Private Client LLC grew its position in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares during the last quarter. Econ Financial Services Corp purchased a new position in shares of Uber Technologies during the 3rd quarter worth approximately $1,538,000. Munro Partners acquired a new position in shares of Uber Technologies during the 2nd quarter worth approximately $96,294,000. Finally, Prudential PLC lifted its stake in Uber Technologies by 15.7% in the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock valued at $20,233,000 after buying an additional 29,359 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Down 2.0%

Shares of UBER stock opened at $80.07 on Friday. The firm’s 50-day simple moving average is $83.95 and its 200-day simple moving average is $90.23. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The firm has a market cap of $166.37 billion, a P/E ratio of 10.29 and a beta of 1.20.

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

Insiders Place Their Bets

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Tony West sold 3,125 shares of Uber Technologies 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 transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 14,875 shares of company stock valued at $1,319,130. Insiders own 3.84% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Large autonomous-vehicle commitments: Uber is committing up to $250M to Waabi, which raised $750M, and plans to source many future robotaxis from Waabi’s platform — a sign Uber is investing in an off-balance-sheet route to scale autonomous ride volume. Uber’s new plan to deploy 25,000 robotaxis will come from an autonomous trucking company
• Positive Sentiment: Strategic OEM & chip partnerships: Mercedes and NVIDIA are partnering with Uber on large-scale, premium S?Class Level?4 robotaxis, validating Uber’s AV ambitions and giving possible scale and tech credibility. This can support long-term TAM expansion and revenue optionality. Mercedes, NVIDIA and Uber Team Up to Build S-Class Robotaxis
• Positive Sentiment: Analyst sentiment trending favorable: Some aggregator/analyst commentary shows bullish tilt (TipRanks trending StrongBuy), which can limit downside if earnings don’t materially disappoint. Uber Technologies Stock Forecast: Trending StrongBuy Among Analysts
• Neutral Sentiment: Pre-earnings focus on execution metrics: Analysts are digging beyond revenue and EPS into margins, adjusted metrics and segment KPIs ahead of Uber’s quarterly report next week — results could cause short-term volatility either way. Countdown to Uber (UBER) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Mixed analyst/coverage views: Some bullish write-ups praise revenue and user growth but flag valuation, keeping a cautious “hold” tone that moderates upside expectations. Uber Technologies: This Ride Has Exceeded My Expectations
• Negative Sentiment: Regulatory / worker-pay settlement: Uber Eats agreed to pay about $3.5M in restitution and penalties in NYC over delivery worker pay — a modest direct hit but a reminder of ongoing regulatory and labor compliance costs. Uber Eats Ordered to Pay $3.5 Million Over NYC Delivery Worker Pay
• Negative Sentiment: Legal and reputational exposure: A jury awarded $19M in a lawsuit versus Uber, and a federal trial has drawn testimony about frequent rider reports of sexual assault — these items raise legal costs and reputational risk that could pressure sentiment near term. Jury Awards Former NHL Player Brandon Crawley $19 Million in Lawsuit Against Uber Technologies, Inc. At Uber trial, expert says riders reported rape every day in 2024

Wall Street Analysts Forecast Growth

UBER has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Truist Financial increased their price objective on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $108.00 target price on shares of Uber Technologies in a research note on Wednesday, October 29th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Thursday, January 15th. Finally, Stifel Nicolaus lowered their price target on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.50.

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.