Uber Technologies, Inc. $UBER Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. lessened its stake in Uber Technologies, Inc. (NYSE:UBER) by 2.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,306,573 shares of the ride-sharing company’s stock after selling 36,945 shares during the period. Cibc World Market Inc.’s holdings in Uber Technologies were worth $106,760,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UBER. Norges Bank acquired a new stake in Uber Technologies in the 4th quarter valued at approximately $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Uber Technologies by 65.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares in the last quarter. C WorldWide Group Holding A S acquired a new position in shares of Uber Technologies in the third quarter worth $173,776,000. Finally, Mawer Investment Management Ltd. grew its stake in shares of Uber Technologies by 231.0% in the fourth quarter. Mawer Investment Management Ltd. now owns 2,503,682 shares of the ride-sharing company’s stock worth $204,576,000 after acquiring an additional 1,747,252 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.81% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on UBER shares. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Roth Mkm set a $105.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Needham & Company LLC restated a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.68.

Uber Technologies Stock Performance

Shares of UBER stock opened at $71.82 on Thursday. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a market cap of $146.20 billion, a P/E ratio of 17.91, a PEG ratio of 6.09 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a fifty day moving average price of $73.57 and a 200 day moving average price of $77.99.

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

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber is expanding its robotaxi ambitions in Europe, announcing Spain’s first commercial pilot in Madrid with WeRide and AVOMO, which could help accelerate autonomous ride availability through the Uber app. WeRide, Uber and AVOMO Bring Robotaxis to Madrid
• Positive Sentiment: Uber said it will deploy 500 data-collection vehicles this year to gather real-world driving data for partners such as Waymo, Avride, and WeRide, reinforcing its autonomous-vehicle strategy. Uber to put 500 data-collection vehicles on the road this year
• Positive Sentiment: Analyst commentary remained constructive, with DA Davidson reiterating a Buy rating and $107 price target following reports tied to Uber’s acquisition interest in Delivery Hero. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Neutral Sentiment: Uber also capped employee spending on AI coding tools and laid off 23% of its People division, actions that may improve costs but also signal management is tightening budgets and restructuring operations. Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’

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.