Coronation Fund Managers Ltd. Invests $25.45 Million in Uber Technologies, Inc. $UBER

Key Points

• Coronation Fund Managers Ltd. acquired a new position of 311,488 shares of Uber (NYSE:UBER), valued at approximately $25.45 million, making the stock about 1.1% of its portfolio and its 24th-largest holding.
• Analysts are mixed but generally positive with a consensus rating of "Moderate Buy" and a consensus target price of $105.14, though several firms recently trimmed targets toward ~$105.
• Insider activity was notable: an SVP sold 30,000 shares (about $2.23M) while the CFO purchased 22,453 shares, increasing their stake by 357%, reflecting mixed insider signals.

Coronation Fund Managers Ltd. acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 311,488 shares of the ride-sharing company's stock, valued at approximately $25,452,000. Uber Technologies makes up about 1.1% of Coronation Fund Managers Ltd.'s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors also recently modified their holdings of UBER. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $27,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $32,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $34,000. Finally, True Wealth Design LLC lifted its position in shares of Uber Technologies by 38.6% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company's stock worth $42,000 after buying an additional 118 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on UBER. Wall Street Zen downgraded Uber Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Weiss Ratings downgraded Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, March 19th. Royal Bank Of Canada restated an "outperform" rating and set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut their target price on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating for the company in a research report on Thursday, February 5th. Finally, DA Davidson cut their target price on Uber Technologies from $108.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $105.14.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.81% of the company's stock.

Uber Technologies Trading Down 0.1%

Shares of UBER opened at $74.66 on Friday. The stock has a fifty day moving average price of $73.64 and a two-hundred day moving average price of $81.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The company has a market cap of $152.53 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 6.84 and a beta of 1.21.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (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 during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the previous year, the firm posted $3.21 EPS. The company's revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts predict that Uber Technologies, Inc. will post 3.34 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Bill Ackman remains bullish on Uber, keeping a large Pershing Square stake that can support share demand and signal long-term institutional confidence. Uber Technologies Inc. (UBER): Bill Ackman Continues to Be Bullish
• Positive Sentiment: Uber and Joby Aviation confirmed an air-taxi launch in Dubai by 2026, advancing Uber’s urban air mobility strategy and expanding its addressable market beyond rideshare and delivery over time. This is a strategic growth signal, though commercialization and economics remain multi-year. Uber and Joby Aviation Confirm Air Taxis Launch in Dubai by 2026 -- Time to Buy?
• Positive Sentiment: Uber’s expanded partnership with Block (Square/Cash App) to add Cash App Pay on Uber and Uber Eats can boost payment convenience, reduce friction, and open new monetization avenues across payments and merchant integrations. Block And Uber Tie Up Connects Cash App And Square To Everyday Spending
• Neutral Sentiment: Uber holds an ~11.5% stake in Lucid (LCID). That backing supports Uber’s robotaxi narrative but leaves Uber exposed to LCID’s execution and dilution risk as Lucid faces sharp share declines. Impact on Uber depends on how Lucid performs operationally. Uber Has an 11.52% Stake in Lucid. Does That Make LCID Stock a Buy?
• Neutral Sentiment: Commentary on Uber’s autonomous-vehicle (AV) pivot highlights both long-term growth potential and near-term margin/execution risk — a reminder that AV exposure can be a source of volatility for investors. Uber's AV pivot: Growth opportunity or margin risk?
• Negative Sentiment: Viral rider complaints about higher charges when paying with Amex have drawn negative consumer headlines; recurring payment frictions or perceived price surcharges can hurt demand and invite regulatory or PR follow-up. Uber riders complain they were charged more for paying with Amex cards—one viral video shows a $13 difference

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.

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