Uber Technologies, Inc. $UBER Shares Bought by Econ Financial Services Corp

Econ Financial Services Corp grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 234.2% in the fourth quarter, HoldingsChannel reports. The fund owned 52,467 shares of the ride-sharing company’s stock after buying an additional 36,767 shares during the period. Uber Technologies accounts for 2.1% of Econ Financial Services Corp’s portfolio, making the stock its 10th largest position. Econ Financial Services Corp’s holdings in Uber Technologies were worth $4,287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the 3rd quarter worth about $25,000. Westend Capital Management LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $27,000. Kilter Group LLC acquired a new position in shares of Uber Technologies during the 2nd quarter worth approximately $26,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies during the third quarter worth approximately $32,000. Finally, Total Investment Management Inc. bought a new position in shares of Uber Technologies during the second quarter worth approximately $32,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Wolfe Research cut their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Citizens Jmp upgraded Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research note on Wednesday, February 4th. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a report on Thursday, February 5th. Stifel Nicolaus cut their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, Melius Research set a $73.00 target price on Uber Technologies in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $105.14.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $71.92 on Wednesday. The company’s 50 day simple moving average is $74.95 and its 200 day simple moving average is $84.73. The stock has a market capitalization of $146.93 billion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 6.40 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The business had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

More Uber Technologies News

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

• Positive Sentiment: Uber increased its stake and is ramping Level‑4 robotaxi operations with WeRide in Dubai — a concrete step toward monetizing its AV strategy and lowering long‑term ride costs. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Uber agreed to buy Blacklane to bolster its high‑end “Elite”/chauffeur offering, expanding addressable market in premium and corporate travel. The deal should help mix and monetization over time. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
• Positive Sentiment: Market commentary and upgrades (including a Seeking Alpha upgrade and Jim Cramer support) are boosting investor sentiment by framing recent pullbacks as buying opportunities given accelerating delivery growth and AV partnerships. What The Market Got Wrong With Uber (Rating Upgrade)
• Neutral Sentiment: Wells Fargo trimmed its price target from $100 to $95 but kept an Overweight rating — a modest analyst calibration rather than a change in overall bullish stance. Uber Price Target Cut by Wells Fargo to $95 Due to Autonomous Vehicle Impact
• Neutral Sentiment: Platinum Asset Management calls UBER a “battleground” company in its fund letter — highlighting mixed views among active managers about execution vs. runway. Platinum International Fund: “Uber Technologies (UBER) is a ‘Battleground’ Company.”
• Negative Sentiment: Operational risk: Uber Eats delivery robots were vandalized in Sheffield, underscoring rollout and regulatory/PR risks for physical automation deployments. Uber Eats delivery robots vandalised in Sheffield
• Negative Sentiment: Macro/headline risk: rising fuel costs (reported in driver anecdotes) squeeze driver economics and could pressure supply or require higher incentives in the near term. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

Insider Transactions at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired 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 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 acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 3.70% of the stock is owned by insiders.

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.