Traders Buy High Volume of Call Options on Uber Technologies (NYSE:UBER)

Uber Technologies, Inc. (NYSE:UBER) was the target of some unusual options trading on Thursday. Stock investors acquired 177,652 call options on the company. This is an increase of 74% compared to the average daily volume of 102,276 call options.

Uber Technologies Stock Performance

Shares of UBER traded up $0.99 during midday trading on Thursday, reaching $72.07. 24,476,758 shares of the stock were exchanged, compared to its average volume of 19,248,820. The business’s 50-day moving average price is $74.04 and its 200 day moving average price is $73.62. 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 has a twelve month low of $65.41 and a twelve month high of $101.99. The company has a market capitalization of $147.22 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 5.79 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts expect that Uber Technologies will post 3.45 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on UBER shares. Roth Capital reduced their price objective on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, August 19th. Sanford C. Bernstein cut their target price on Uber Technologies from $110.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a report on Monday, June 29th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of Uber Technologies in a research note on Wednesday, September 2nd. Two research 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 stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $103.03.

Insider Activity

In other news, CEO Dara Khosrowshahi bought 141,000 shares of the 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 directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. The trade was a 11.50% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Andrew Macdonald purchased 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The shares were acquired at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the transaction, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This represents a 19.65% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors have recently added to or reduced their stakes in the stock. BIP Wealth LLC purchased a new stake in shares of Uber Technologies during the second quarter worth about $1,033,000. Pacer Advisors Inc. raised its position in shares of 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 during the last quarter. PNC Financial Services Group Inc. boosted its stake in Uber Technologies by 6.1% in 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 purchasing an additional 29,587 shares in the last quarter. Mach 1 Financial Group LLC purchased a new stake in Uber Technologies during the 4th quarter worth approximately $1,220,000. Finally, Weiss Asset Management LP grew its position in Uber Technologies by 465.5% during the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock worth $4,497,000 after purchasing an additional 51,465 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96. Combined with COO Andrew Macdonald’s recently disclosed $5.3 million purchase, Uber executives have invested roughly $15 million in company stock—the largest insider buying in the past year. Uber executive insider purchases
• Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. The partners will begin mapping and testing 20 vehicles in Madrid, with commercial service targeted by the end of 2026. The approval provides a regulatory milestone for Uber’s asset-light robotaxi model and European expansion. Spain autonomous vehicle permit
• Positive Sentiment: Scotiabank initiated coverage with a “sector outperform” rating and a $100 price target, while Wedbush also rates Uber “outperform.” The targets imply analysts see significant upside based on Uber’s scale, profitability and long-term mobility growth.
• Positive Sentiment: Uber Eats expanded its grocery marketplace to more than 375 Wakefern supermarket locations across the U.S. Northeast, potentially increasing order frequency and delivery-market penetration. Uber Eats and Wakefern partnership
• Neutral Sentiment: Uber raised approximately €4.5 billion through its debut five-part eurobond offering. The financing supports autonomous-vehicle investments and strategic growth, but adds debt and increases execution risk as the company pursues its reported multibillion-dollar robotaxi strategy.
• Negative Sentiment: Tesla’s Cybercab launch has intensified competition in autonomous ride-hailing and raised concerns that robotaxis could pressure Uber’s marketplace role and future margins. Investors are also weighing the uncertain returns and financial impact of Uber’s large autonomous-vehicle investments.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.