Fifth Third Bancorp Acquires 37,040 Shares of Uber Technologies, Inc. $UBER

Key Points

• Fifth Third Bancorp increased its stake in Uber by 10.9%, acquiring 37,040 shares to hold 377,719 shares worth about $30.86 million.
• Uber is heavily institutionally owned (80.24%) and carries an analyst consensus of “Moderate Buy” with an average target of $105.11 (Goldman Sachs among the higher targets at $125).
• Recent catalysts include in‑app hotel bookings with Expedia, a fleet/robotaxi partnership with Hertz and the acquisition of FlyTaxi, while Uber reported Q4 EPS of $0.71 (miss) but revenue grew 20.1% to $14.37 billion and Q1 guidance of $0.65–$0.72.

Fifth Third Bancorp increased its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 10.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 377,719 shares of the ride-sharing company's stock after purchasing an additional 37,040 shares during the period. Fifth Third Bancorp's holdings in Uber Technologies were worth $30,863,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of UBER. Massachusetts Financial Services Co. MA boosted its holdings in Uber Technologies by 4,471.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company's stock worth $290,660,000 after purchasing an additional 2,901,936 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Uber Technologies by 97.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company's stock valued at $531,197,000 after purchasing an additional 2,671,539 shares during the last quarter. C WorldWide Group Holding A S bought a new position in shares of Uber Technologies in the third quarter worth about $173,776,000. Vanguard Group Inc. increased its stake in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Finally, Danske Bank A S bought a new position in shares of Uber Technologies in the third quarter worth about $151,979,000. 80.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UBER shares. The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a research note on Wednesday, February 4th. TD Cowen reiterated a "buy" rating on shares of Uber Technologies in a research note on Wednesday, March 11th. Wedbush dropped their price objective on Uber Technologies from $78.00 to $75.00 and set a "neutral" rating on the stock in a research note on Thursday, February 5th. DA Davidson dropped their price objective on Uber Technologies from $108.00 to $105.00 and set a "buy" rating on the stock in a research note on Monday, February 23rd. Finally, Roth Mkm set a $105.00 price objective on Uber Technologies in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average target price of $105.11.

Uber Technologies News Summary

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

• Positive Sentiment: Uber added in‑app hotel bookings via a partnership with Expedia, expanding addressable revenue beyond rides and delivery and increasing engagement/use per user — a clear growth catalyst if adoption scales. Uber moves toward becoming an ‘everything app’ with hotel bookings powered by Expedia
• Positive Sentiment: Uber deepened its autonomous and fleet strategy by partnering with Hertz’s new Oro Mobility fleet platform and naming Hertz a major fleet partner for robotaxi and driver‑led services — a move that validates Uber’s AV roadmap and could reduce capital intensity for fleet scale-up. Hertz launches Oro Mobility to manage Uber robotaxi fleet
• Positive Sentiment: Uber acquired FlyTaxi (reports show activity in Hong Kong), extending local market footprint and tech/ops capabilities for urban air/ride alternatives — small M&A that signals continued execution on mobility services expansion. Deal Dispatch: Sirius XM Mulls Purchase Of iHeartMedia, Uber Buys FlyTaxi
• Neutral Sentiment: Wall Street and equity research are watching Q1 metrics closely (bookings guidance and robotaxi spend are key). Analyst previews and trending‑stock writeups are driving attention but not yet forcing a consensus view. Unlocking Q1 Potential of Uber (UBER): Exploring Wall Street Estimates for Key Metrics
• Neutral Sentiment: Policy moves expanding retirement access for gig workers (Trump executive order) could modestly benefit gig platforms over time by improving worker retention and financial security, but impacts are indirect and will take time to materialize. Trump expands worker access to retirement plans with new order
• Negative Sentiment: Ongoing legal and safety matters (passenger sexual assault verdict coverage and related litigation) remain a reputational and financial overhang; BloombergLaw reports show these issues continue to draw scrutiny and could lead to costs or regulatory pressure. Uber Lawyers Unfazed After Passenger Sexual Assault Verdicts

Uber Technologies Trading Up 0.8%

UBER stock opened at $75.19 on Friday. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The firm has a market cap of $153.61 billion, a P/E ratio of 15.96, a P/E/G ratio of 6.84 and a beta of 1.16. The business's 50 day moving average is $73.91 and its 200-day moving average is $81.34. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data 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). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the company posted $3.21 earnings per share. The company's revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 3.34 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction that occurred 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 owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.81% of the company's stock.

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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