3,219,884 Shares in Uber Technologies, Inc. $UBER Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,219,884 shares of the ride-sharing company’s stock, valued at approximately $232,347,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UBER. Capital Research Global Investors grew its position in shares of Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares during the period. Geode Capital Management LLC lifted its position in Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after acquiring an additional 1,602,596 shares during the period. Norges Bank bought a new stake in Uber Technologies during the fourth quarter worth about $2,515,094,000. Northern Trust Corp boosted its stake in Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after acquiring an additional 297,132 shares in the last quarter. Finally, Capital World Investors grew its holdings in Uber Technologies by 1.5% in the fourth quarter. Capital World Investors now owns 17,278,031 shares of the ride-sharing company’s stock worth $1,411,793,000 after purchasing an additional 261,564 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday. Tigress Financial upped their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Evercore reiterated an “outperform” rating and set a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Finally, Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies Trading Up 1.3%

NYSE:UBER opened at $80.33 on Wednesday. The stock has a market cap of $164.07 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 6.39 and a beta of 1.13. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average price is $73.33 and its 200-day moving average price is $73.36. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER) 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 company had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: New teen safety feature: Uber launched live video streaming for teen accounts, allowing parents to check in during rides. The feature, which will roll out nationwide in the U.S. in the coming weeks, could improve rider confidence and support family-account adoption. Uber launches live video streaming for teen accounts
• Positive Sentiment: Autonomous-vehicle expansion: Baidu’s fully driverless Apollo Go vehicles have begun operating in Dubai under Uber’s multiyear partnership. The deployment advances Uber’s robotaxi strategy and may strengthen its long-term position as autonomous transportation develops. Uber’s Robotaxi Push Gains Pace in Dubai
• Positive Sentiment: Analyst confidence: Citizens JMP reaffirmed its “Market Outperform” rating and set a $100 price target, implying substantial upside from recent trading levels.
• Positive Sentiment: Resilient Uber Eats demand: Food delivery is holding up as consumers reduce spending in other categories, suggesting Uber Eats could remain a relatively defensive growth business. Uber also expanded travel options in India through a partnership with Zoomcar and became the PGA Tour’s official rideshare and food-delivery partner.
• Neutral Sentiment: Mixed valuation and momentum: A bullish investment article cited Uber’s growth prospects, while another argued that growth expectations are already reflected in the valuation. Over six months, the stock has lagged the S&P 500, despite trading well above its one-year low.
• Negative Sentiment: Major regulatory liability: Dutch authorities fined Uber €824.99 million—approximately $966 million—for using automated systems to suspend or deactivate drivers. The penalty could create a substantial financial charge and increase compliance costs or regulatory risk in Europe. Dutch regulator fines Uber €824.99m

Uber Technologies 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.