Uber Technologies (NYSE:UBER) Trading 2% Higher on Insider Buying Activity

Shares of Uber Technologies, Inc. (NYSE:UBER) traded up 2% during trading on Wednesday after an insider bought additional shares in the company. The company traded as high as $73.16 and last traded at $72.8030. 19,619,400 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 22,056,871 shares. The stock had previously closed at $71.38.

Specifically, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link.

Wall Street Analyst Weigh In

UBER has been the subject of several research reports. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. BMO Capital Markets reduced their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Wednesday, February 4th. Mizuho cut their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Finally, Wedbush decreased their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.53.

Uber Technologies News Summary

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

• Positive Sentiment: Uber and Joby Aviation confirmed in‑app booking and a planned commercial launch of electric air taxis in Dubai in 2026 — this is a visible step toward monetizing premium urban air mobility and differentiating Uber’s mobility network. Joby And Uber Link Air Taxi Bookings
• Positive Sentiment: The Trump administration moved to roll back a Biden‑era independent‑contractor rule, a change investors view as reducing driver‑classification risk and potential labor costs for gig platforms. Markets reacted positively to the policy shift. Uber, Lyft stocks surge as Trump scraps Biden-era contractor rule
• Positive Sentiment: Uber agreed to acquire SpotHero (parking reservations covering ~13,000 locations), expanding the app into parking and commuter/event use cases — a logical step toward a “super‑app” and new monetization. Uber Moves Into Parking in Deal to Acquire SpotHero
• Positive Sentiment: Insider signal: CFO Balaji Krishnamurthy purchased ~22,453 shares (~$1.6M), which investors often read as management confidence in the stock and outlook. SEC filing: Insider purchase
• Positive Sentiment: Uber signed a partnership with drone‑delivery startup Manna, expanding autonomous last‑mile delivery options that could lower costs and improve Eats/freight unit economics over time. Manna signs partnership with Uber
• Neutral Sentiment: Wayve raised $1.2B (with milestone capital from Uber reported), accelerating autonomous driving tech deployment — positive for long‑term AV exposure but distant from near‑term revenue. Wayve raises $1.2bn
• Neutral Sentiment: Baidu and Uber are testing Apollo Go robotaxis in Dubai — a strategic expansion of autonomous partnerships that supports Uber’s platform play but depends on regulatory approvals and scale economics. Baidu And Uber Test Apollo Go Robotaxis In Dubai
• Negative Sentiment: Driver pushback: Seattle protesters urged Uber and Lyft to stop adding drivers to an already “flooded” market; combined with reports of high empty miles, this highlights supply/demand inefficiencies that can pressure driver economics and unit margins. In Seattle protest, workers call on Uber and Lyft to stop adding new drivers
• Negative Sentiment: Competitive/operational risk: Waymo’s accelerated U.S. rollout and new DMV data showing limitations for some AV partners (e.g., Nuro) underline that autonomous mobility is a contested field — faster rival deployments or underperforming partners could dent Uber’s long‑term autonomy lead. Waymo’s Robotaxis Now Being Dispatched in 10 Major U.S. Markets

Uber Technologies Trading Up 2.7%

The stock has a fifty day simple moving average of $79.15 and a 200 day simple moving average of $88.02. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $153.87 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 6.67 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period last year, the business earned $3.21 earnings per share. The company’s quarterly 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 expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Institutional Trading of Uber Technologies

A number of large investors have recently made changes to their positions in UBER. Foster Group Inc. raised its stake in Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after buying an additional 107 shares during the last quarter. Sage Rhino Capital LLC grew its holdings in shares of Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after acquiring an additional 110 shares during the period. Quent Capital LLC increased its position in Uber Technologies by 3.3% during the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after acquiring an additional 111 shares during the last quarter. Advisors Capital Management LLC lifted its holdings in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after acquiring an additional 111 shares during the period. Finally, Emergent Wealth Advisors LLC boosted its position in Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Company 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.