CoreCap Advisors LLC Buys 14,239 Shares of Uber Technologies, Inc. $UBER

CoreCap Advisors LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 16.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,977 shares of the ride-sharing company’s stock after acquiring an additional 14,239 shares during the period. CoreCap Advisors LLC’s holdings in Uber Technologies were worth $6,849,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the 4th quarter worth approximately $25,000. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at $25,000. Gould Capital LLC increased its position in shares of Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after buying an additional 245 shares during the period. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies during the first quarter worth $25,000. Finally, Dunhill Financial LLC bought a new position in Uber Technologies during the second quarter worth $28,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Up 2.6%

Shares of Uber Technologies stock traded up $1.80 during trading on Thursday, reaching $70.25. 14,495,027 shares of the company traded hands, compared to its average volume of 19,099,824. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $100.35. The company has a 50 day moving average price of $73.15 and a 200-day moving average price of $72.98. The firm has a market capitalization of $143.48 billion, a PE ratio of 15.44, a P/E/G ratio of 5.63 and a beta of 1.27.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same period last year, the company posted $0.60 earnings per share. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 3.35 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 28,170 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the transaction, the insider owned 149,525 shares of the company’s stock, valued at $10,662,627.75. This represents a 15.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Andrew Macdonald bought 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The stock was purchased at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the purchase, the insider owned 426,320 shares in the company, valued at $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Robotaxi expansion: Uber and Pony.ai plan to begin testing Pony.ai’s Gen-7 autonomous vehicles in London within weeks. The partnership is part of Uber’s broader goal of offering autonomous ride-hailing in 15 cities by the end of 2026, potentially strengthening its long-term growth profile. Uber and China’s Pony.ai plan to launch robotaxis in London
• Positive Sentiment: Food-delivery growth: Uber’s planned $2.3 billion acquisition of ezCater would expand Uber Eats into workplace catering, add access to more than 140,000 restaurants and increase exposure to higher-value business orders. Analysts estimate the deal could contribute to bookings and EBITDA growth in 2027. Uber to Expand Food Delivery Reach Via ezCater Buy
• Positive Sentiment: Analyst support and bookings momentum: Citizens JMP reaffirmed a “market outperform” rating and a $100 price target. Separate commentary highlighted strong bookings momentum and Uber’s cash-generation potential, offering a bullish counterpoint to recent investor caution. Uber Technologies acquisitions and 2027 bookings
• Neutral Sentiment: Operational performance remains mixed: A Q3 investor letter cited strong operational growth, but said softer guidance limited the benefit. Uber previously reported quarterly earnings slightly above expectations, while revenue came in just below consensus.
• Negative Sentiment: Acquisition concerns: The ezCater purchase has drawn criticism from retail investors concerned about valuation, integration risk and whether Uber should buy businesses rather than build internally. The transaction also adds to Uber’s capital commitments alongside its planned Delivery Hero investment. Uber’s M&A Playbook Faces Scrutiny
• Negative Sentiment: Service and legal risks: A study said Uber riders are paying substantially more while waiting longer, which could pressure demand and customer satisfaction. Uber also settled another bellwether sexual-assault lawsuit, underscoring continuing litigation and reputational risks.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Rosenblatt Securities began coverage on shares of Uber Technologies in a report on Tuesday, September 1st. They issued a “buy” rating and a $100.00 target price on the stock. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. BMO Capital Markets set a $119.00 price objective on Uber Technologies in a research report on Thursday, September 3rd. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, August 6th. Finally, Tigress Financial boosted their price objective on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $103.11.

Uber Technologies Company Profile

Uber Technologies, Inc (NYSE: UBER) is a technology company that operates a global platform connecting consumers with independent drivers, delivery couriers, merchants and other service providers. Founded in 2009 and headquartered in San Francisco, Uber originally focused on app-based ride-hailing and has expanded into a broader range of mobility and delivery services.

Its Mobility segment offers rides through products such as UberX, Uber Black and other locally available options, as well as services including taxis, car rentals, scooters and bikes in select markets.