LGT Group Foundation Has $36.75 Million Stock Position in Uber Technologies, Inc. $UBER

LGT Group Foundation reduced its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 380,382 shares of the ride-sharing company’s stock after selling 22,267 shares during the period. LGT Group Foundation’s holdings in Uber Technologies were worth $36,749,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in UBER. Vanguard Group Inc. lifted its stake in Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after buying an additional 1,277,322 shares during the period. Geode Capital Management LLC grew its position in shares of Uber Technologies by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after buying an additional 1,168,288 shares during the period. Norges Bank acquired a new position in shares of Uber Technologies during the 2nd quarter worth about $2,348,319,000. Charles Schwab Investment Management Inc. increased its stake in shares of Uber Technologies by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after acquiring an additional 142,933 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Uber Technologies by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock valued at $1,167,985,000 after acquiring an additional 615,692 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.84% of the stock is owned by company insiders.

Uber Technologies Stock Down 0.5%

Shares of Uber Technologies stock opened at $75.07 on Monday. The firm has a market cap of $154.50 billion, a PE ratio of 15.94, a P/E/G ratio of 6.89 and a beta of 1.22. The business’s 50 day simple moving average is $78.54 and its 200 day simple moving average is $87.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the previous year, the firm posted $3.21 earnings per share. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber expands mobility offerings in India by adding pan‑India intercity bus ticketing via a partnership with AbhiBus — a low‑capital way to widen addressable market and drive platform usage in a fast‑growing geography. Article Title
• Positive Sentiment: Management used the Morgan Stanley TMT conference to lay out a strategic roadmap (five pillars highlighted by new CFO Balaji) emphasizing growth, margin discipline and product innovation — a reaffirmation of long‑term strategy that supports multiple revenue streams. Article Title
• Positive Sentiment: Uber Air (with Joby) has launched in Dubai, letting users book eVTOL rides through the Uber app — opens an adjacent mobility market and reinforces Uber’s platform play, though monetization and scale remain multi‑year questions. Article Title
• Positive Sentiment: Coverage highlighting the gig‑economy tailwind lists Uber among names to watch, underscoring structural demand for rideshare and delivery services as consumers return to out‑of‑home spending. Article Title
• Neutral Sentiment: Zacks notes the stock has moved modestly since the last earnings release and asks whether that momentum can continue — useful context but not a directional catalyst on its own. Article Title
• Neutral Sentiment: Market and analyst pieces debate the Uber–Joby tie‑up (game‑changer vs. hype). The partnership enhances platform optionality but financial payoff is distant and depends on Joby scale and unit economics. Article Title
• Negative Sentiment: Recent quarterly results showed an EPS miss (EPS below consensus) despite revenue growth — a near‑term negative that often pressures the stock until guidance or execution re‑assures investors. Article Title

Analyst Upgrades and Downgrades

Several research firms recently weighed in on UBER. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Wolfe Research lowered their target price on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Morgan Stanley cut their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price objective on shares of Uber Technologies in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.53.

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.