Jupiter Asset Management Ltd. Purchases Shares of 975,165 Uber Technologies, Inc. $UBER

Key Points

• Jupiter Asset Management disclosed a new stake in Uber, buying 975,165 shares valued at about $79.7 million in the fourth quarter.
• Uber continues to see heavy institutional support, with hedge funds and asset managers boosting positions; institutional investors now own 80.24% of the company.
• Recent operating updates were broadly positive, including better-than-expected quarterly EPS of $0.72 and management guidance for Q2 2026 EPS of $0.78 to $0.82, though analysts remain mixed with a consensus rating of Moderate Buy.

Jupiter Asset Management Ltd. purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 975,165 shares of the ride-sharing company's stock, valued at approximately $79,681,000.

Several other hedge funds have also added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock worth $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Uber Technologies by 65.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company's stock worth $400,596,000 after buying an additional 1,935,832 shares in the last quarter. C WorldWide Group Holding A S acquired a new stake in shares of Uber Technologies during the third quarter worth $173,776,000. Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 0.9% during 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 buying an additional 1,670,761 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock worth $3,906,083,000 after buying an additional 1,602,596 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Key Uber Technologies News

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

• Positive Sentiment: Uber raised its stake in Delivery Hero to 36.83% amid takeover discussions, reinforcing the company’s push to consolidate in food delivery and potentially expand its international reach. Uber Raises Delivery Hero Stake To 36.83% Amid Takeover Talks
• Positive Sentiment: Uber continues to benefit from strategic partnerships, including a new integration with hotel platform Mews that lets hotels book, track, and bill Uber rides for guests and staff, which could support ride volume growth. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber was highlighted at the Bernstein Strategic Decisions Conference, where management’s presentation likely kept focus on execution, profitability, and growth strategy for investors. Uber Technologies, Inc. Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: Analysts and commentators are debating whether Waymo’s robotaxi progress is a threat to Uber or a sign that ride-hailing demand remains resilient, keeping the competitive narrative in focus. Waymo won’t kill Uber, this investor says
• Neutral Sentiment: Uber also received attention from unusually heavy call-option buying, suggesting traders were positioning for further upside. Trouble With Waymo? Call an Uber
• Negative Sentiment: One note flagged insider stock sales totaling about $4.6 million, which can sometimes be read as a cautious signal even if it does not necessarily change the underlying business outlook. Insiders At Uber Technologies Sold US$4.6m In Stock, Alluding To Potential Weakness
• Negative Sentiment: Uber also faces some scrutiny from reports about customer complaints over Uber One membership charges, which could pressure sentiment if retention or billing issues become a bigger issue. Upset Uber customers charged for monthly memberships they say they never signed up for

Wall Street Analysts Forecast Growth

Several analysts have weighed in on UBER shares. Mizuho dropped their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an "outperform" rating for the company in a research note on Thursday, February 5th. TD Cowen started coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued a "hold" rating for the company. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a research note on Thursday, February 5th. BNP Paribas Exane cut shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. Finally, Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $104.97.

Insider Transactions at Uber Technologies

In related news, 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 transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Up 0.2%

UBER stock opened at $70.89 on Friday. The company has a market cap of $144.31 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 6.01 and a beta of 1.16. The business has a 50-day simple moving average of $73.84 and a 200 day simple moving average of $78.59. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.

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