Genesis Financial Group LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 60,890 shares of the ride-sharing company’s stock, valued at approximately $4,915,000. Uber Technologies comprises 2.9% of Genesis Financial Group LLC’s investment portfolio, making the stock its 8th largest position.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. increased its stake in Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after acquiring an additional 4,133,532 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in shares of Uber Technologies by 97.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock worth $531,197,000 after purchasing an additional 2,671,539 shares in the last quarter. C WorldWide Group Holding A S acquired a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $173,776,000. Finally, Danske Bank A S bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $151,979,000. Institutional investors own 80.24% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on UBER shares. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Mizuho dropped their price target on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Needham & Company LLC restated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, February 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Finally, The Goldman Sachs Group set a $125.00 target price on Uber Technologies in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.14.
Insider Buying and Selling
In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The SEC filing for this sale provides additional information. 3.84% of the stock is owned by insiders.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Dubai Level‑4 robotaxi rollout with WeRide validates Uber’s AV revenue path — the service is live, bookable in the Uber app, and Uber’s 5.82% stake in WeRide positions it to capture recurring, driverless ride revenue as deployments scale. Zacks: Uber, WeRide and Amazon
- Positive Sentiment: CEO Dara Khosrowshahi publicly says he hopes to integrate Tesla robotaxis onto Uber’s platform — potential for faster fleet scaling if Tesla permits platform access, which could accelerate autonomous and electrified ride supply. MSN: Uber CEO hopes to incorporate Tesla robotaxis
- Positive Sentiment: Bank of America reiterates a Buy on UBER with a $103 price target after Uber’s Blacklane acquisition — an institutional endorsement that supports upside versus current levels. Yahoo Finance: Bank of America Maintains Buy
- Positive Sentiment: Driver EV incentives expanded — Uber is rolling out nationwide EV grants (reportedly up to $6,500) and other driver incentives (reports also cite $4,000 offers) to offset fuel costs and accelerate fleet electrification, which should improve driver economics and lower per‑ride operating costs over time. Electrek: Uber expands EV grant nationwide Benzinga: Uber offers $4,000 to switch to EVs
- Neutral Sentiment: Uber is reportedly evaluating a possible purchase of a controlling interest in Kakao Mobility — a strategic expansion into Korea that could be material if executed, but details and timing are unclear. MSN: Uber evaluating Kakao Mobility purchase
- Neutral Sentiment: Industry/analyst commentary (Zacks and others) highlights Uber’s AV scaling and mixed near‑term demand signals — reinforces the long‑term narrative but leaves short‑term execution and margins in focus. Yahoo Finance / Zacks: Analyst blog
- Negative Sentiment: Restaurant partner exits (Pizza Inn / Pie Five) after Eats fee increases are publicized — a visible partner loss that could pressure Uber Eats gross merchandise volume and PR if fee disputes broaden. TheStreet: Popular pizza chain cuts ties
- Negative Sentiment: Wells Fargo has lowered expectations for UBER stock — a reminder that some sell‑side analysts are trimming near‑term forecasts, which can weigh on sentiment even as longer‑term catalysts play out. American Banking News: Wells Fargo lowers expectations
Uber Technologies Stock Up 0.1%
Shares of NYSE UBER opened at $71.75 on Friday. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The firm’s 50-day simple moving average is $74.49 and its 200 day simple moving average is $84.55. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a market cap of $146.59 billion, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 6.56 and a beta of 1.21.
Uber Technologies (NYSE:UBER – Get Free Report) last announced 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). The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
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.
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