Harvest Portfolios Group Inc. Raises Stake in Uber Technologies, Inc. $UBER

Harvest Portfolios Group Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 45.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 31,935 shares of the ride-sharing company’s stock after purchasing an additional 9,995 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Uber Technologies were worth $2,609,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new position in Uber Technologies during the 3rd quarter worth approximately $1,859,000. Mawer Investment Management Ltd. acquired a new position in Uber Technologies during the 3rd quarter worth approximately $74,107,000. Rhumbline Advisers lifted its position in Uber Technologies by 1.1% during the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after acquiring an additional 42,278 shares in the last quarter. Longbow Finance SA lifted its position in Uber Technologies by 51.8% during the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after acquiring an additional 38,304 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Shares of UBER opened at $74.66 on Thursday. The business’s 50 day moving average is $74.18 and its two-hundred day moving average is $79.57. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The firm has a market cap of $151.97 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 6.30 and a beta of 1.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the company posted $0.83 EPS. Uber Technologies’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on UBER shares. Citigroup reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wells Fargo & Company upped their target price on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group set a $115.00 target price on Uber Technologies in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $105.11.

Insider Activity at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’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 value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Uber increased its stake in Delivery Hero to 19.5%, making it the company’s largest shareholder and giving it a blocking minority. Investors may view this as a bullish move that expands Uber’s exposure to food delivery beyond the U.S. and supports its platform strategy. Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation
• Positive Sentiment: Multiple reports highlighted that Uber’s expanded Delivery Hero position could be viewed as a sign of confidence in its delivery segment and a way to reinforce growth outside ride-hailing. UBER Stock Alert: Uber Just Upped Its Stake in Delivery Hero
• Neutral Sentiment: Joby Aviation said its air-taxi plans include partnerships with Uber and Delta, which keeps Uber associated with future mobility opportunities, but the impact on near-term earnings remains limited. Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans
• Negative Sentiment: A new report said Empower is undercutting Uber and Lyft on price by nearly 30% in New York City, underscoring competitive pressure in rideshare that could weigh on pricing power and market share. 30% Cheaper and Growing Fast: New Obi Research Reveals Empower’s Surge in New York City
• Negative Sentiment: Commentary noted Uber’s stock has stumbled in 2026 and that investors are hoping new products such as “Eats for the Way” can help restore confidence, suggesting the market still wants clearer evidence of a turnaround. Your Morning Coffee, on Uber: Investors Counting on an UBER Stock Turnaround Are Hoping That ‘Eats for the Way’ Pays Off

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.