Tocqueville Asset Management L.P. Cuts Stock Holdings in Uber Technologies, Inc. $UBER

Tocqueville Asset Management L.P. lessened its holdings in Uber Technologies, Inc. (NYSE:UBER) by 1.9% during the third quarter, Holdings Channel.com reports. The firm owned 651,761 shares of the ride-sharing company’s stock after selling 12,616 shares during the quarter. Uber Technologies makes up 0.9% of Tocqueville Asset Management L.P.’s investment portfolio, making the stock its 17th largest position. Tocqueville Asset Management L.P.’s holdings in Uber Technologies were worth $63,853,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kilter Group LLC acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at approximately $26,000. Westend Capital Management LLC purchased a new stake in shares of Uber Technologies in the third quarter valued at approximately $27,000. Total Investment Management Inc. acquired a new position in Uber Technologies during the second quarter worth $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Uber Technologies during the third quarter worth $34,000. Finally, Howard Hughes Medical Institute purchased a new position in Uber Technologies in the second quarter worth $42,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE:UBER traded up $1.19 during midday trading on Friday, hitting $74.16. 5,095,846 shares of the stock were exchanged, compared to its average volume of 21,234,584. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average price of $77.89 and a 200-day moving average price of $86.75. The stock has a market cap of $152.62 billion, a P/E ratio of 15.73, a PEG ratio of 6.87 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company posted $3.21 earnings per share. Uber Technologies’s 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, research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Activity

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.84% of the stock is owned by corporate insiders.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Zoox strategic partnership adds purpose-built robotaxis to the Uber app (initial rollout in Las Vegas this summer, LA next). This broadens Uber’s AV supply without heavy capex and was a market-positive surprise. Zoox and Uber Announce Strategic Partnership
• Positive Sentiment: Uber and Motional launched an all‑electric IONIQ 5 robotaxi service in Las Vegas, moving from announcements to live operations — a tangible step toward commercial AV revenue and scale. Uber and Motional Launch Robotaxi Service in Las Vegas
• Positive Sentiment: Nissan + Wayve collaboration to pilot robotaxis in Tokyo (via Uber) expands Uber’s international AV experiments and partner roster, supporting a multi‑partner deployment strategy. Uber plans Tokyo robotaxi trial with Nissan and Britain’s Wayve
• Neutral Sentiment: Analysts (e.g., Wedbush) and several outlets note Uber is well‑positioned in AVs because it has deals with multiple suppliers — this reduces single‑partner execution risk but delays any large revenue inflection. Uber seen as well-positioned in autonomous vehicles following Zoox partnership
• Neutral Sentiment: Coverage and commentary (Seeking Alpha, InsiderMonkey) generally reinforce that AV partnerships are an opportunity, though industry AI headwinds and execution timelines keep upside uncertain. Uber And Zoox: The Partnership Proves AVs An Opportunity Not A Threat (Upgrade)
• Negative Sentiment: Near-term headwinds: Uber’s latest quarterly EPS missed consensus and investors remain focused on margins, guidance and whether AVs will materially improve economics soon — contributing to downward pressure on the stock. Why Uber Technologies (UBER) Dipped More Than Broader Market Today

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. KeyCorp reduced their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. Roth Mkm set a $105.00 price objective on shares of Uber Technologies in a research note on Thursday, February 5th. BNP Paribas Exane initiated coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective on the stock. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $105.29.

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.