KBC Group NV Buys 421,427 Shares of Uber Technologies, Inc. $UBER

Key Points

• KBC Group NV bought 421,427 shares of Uber in Q4, increasing its holding by 15.1% to 3,213,772 shares worth about $262.6 million, making Uber its 25th largest position (about 0.6% of KBC's portfolio).
• Uber has committed more than $10 billion to a robotaxi strategy and increased its Lucid stake to $500M, actions that have driven positive analyst sentiment but raise capital‑intensive execution and valuation risks.
• In Q4 Uber reported $0.71 EPS (missing estimates) with revenue up 20.1% to $14.37B; meanwhile CFO Balaji Krishnamurthy bought 22,453 shares and institutional ownership stands around 80.24%.

KBC Group NV grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,213,772 shares of the ride-sharing company's stock after buying an additional 421,427 shares during the quarter. Uber Technologies accounts for 0.6% of KBC Group NV's investment portfolio, making the stock its 25th biggest position. KBC Group NV owned 0.15% of Uber Technologies worth $262,598,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Second Half Financial Partners LLC increased its stake in Uber Technologies by 9.8% in the fourth quarter. Second Half Financial Partners LLC now owns 3,331 shares of the ride-sharing company's stock valued at $272,000 after acquiring an additional 297 shares during the last quarter. Adelphi Trust Co purchased a new stake in Uber Technologies during the fourth quarter valued at about $296,000. LBP AM SA lifted its stake in Uber Technologies by 18.3% during the fourth quarter. LBP AM SA now owns 1,269,460 shares of the ride-sharing company's stock worth $103,728,000 after purchasing an additional 196,072 shares during the last quarter. PFG Investments LLC lifted its stake in Uber Technologies by 13.5% during the fourth quarter. PFG Investments LLC now owns 48,122 shares of the ride-sharing company's stock worth $3,932,000 after purchasing an additional 5,724 shares during the last quarter. Finally, Consolidated Investment Group LLC boosted its holdings in shares of Uber Technologies by 16.7% in the 4th quarter. Consolidated Investment Group LLC now owns 46,725 shares of the ride-sharing company's stock worth $3,818,000 after purchasing an additional 6,700 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies Trading Up 6.1%

Shares of UBER stock opened at $77.39 on Thursday. The business has a 50-day moving average of $73.16 and a 200 day moving average of $82.90. 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 $68.46 and a 1-year high of $101.99. The stock has a market capitalization of $158.10 billion, a PE ratio of 16.43, a P/E/G ratio of 6.65 and a beta of 1.21.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. During the same period last year, the firm earned $3.21 earnings per share. Uber Technologies'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. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Mizuho decreased their price objective on Uber Technologies from $130.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, February 5th. Morgan Stanley cut their target price on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. Royal Bank Of Canada reiterated an "outperform" rating and set a $105.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. Needham & Company LLC reissued a "buy" rating and set a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, February 3rd. Finally, Wolfe Research lowered their price objective on shares of Uber Technologies from $125.00 to $110.00 and set an "outperform" rating for the company 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 given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $105.14.

Insider Buying and Selling

In other news, 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. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction 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 sale, the senior vice president owned 460,756 shares of the company's stock, valued at $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. 3.81% of the stock is owned by insiders.

Uber Technologies News Summary

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

• Positive Sentiment: Uber has reportedly committed more than $10 billion to its robotaxi strategy — combining vehicle purchase commitments and equity stakes in AV developers — positioning the company to operate robotaxi services in dozens of cities by 2028. Uber commits $10 billion to robotaxis in strategy shift, FT says
• Positive Sentiment: Uber increased its Lucid (LCID) stake and expanded its vehicle purchase deal — adding ~$200M to bring its Lucid investment to $500M and raising the purchase commitment to more than 35,000 vehicles — a direct, near-term catalyst for execution on the robotaxi plan. Uber strengthens self-driving ambitions with new Lucid investment, analysts say
• Positive Sentiment: Analysts (including Bank of America) reiterated bullish views, saying expanded AV partnerships and vehicle commitments strengthen long-term ride‑hailing economics; that helped lift sentiment. Uber: Strengthening Long-Term Ride-Hailing Economics Through Expanded Autonomous Vehicle Partnerships
• Positive Sentiment: Technicals improved as the stock broke above its 50‑day moving average, drawing momentum traders into the rally. Uber Stock Just Broke Above Its 50-Day Moving Average. Should You Chase the Rally?
• Neutral Sentiment: Company announced its Q1 2026 earnings/webcast date (May 6); investors will watch guidance and execution on AV spending for confirmation. Uber Announces Date of First Quarter 2026 Results Conference Call
• Negative Sentiment: Costs and execution risks: Uber’s CTO flagged higher-than-expected AI/Anthropic costs after heavy R&D/AI spend, highlighting margin pressure if AV and AI programs don’t scale efficiently. Uber's Anthropic AI Push Hits A Wall—CTO Says Budget Struggles Despite $3.4B Spend
• Negative Sentiment: Strategic risks and valuation concerns remain — the shift to capital-intensive robotaxis departs from Uber’s historical asset-light model and has drawn scrutiny given recent share weakness and competitive/regulatory pressures. Uber commits $10bn to robotaxis in strategy shift

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.

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.