KBC Group NV Lowers Holdings in Uber Technologies, Inc. $UBER

Key Points

• KBC Group NV reduced its Uber stake by 8.1% in the first quarter, selling 260,550 shares and leaving it with 2,953,222 shares valued at about $212.4 million.
• Wall Street sentiment remains constructive, with Uber holding a Moderate Buy consensus rating and an average price target of $104.65. Several firms recently reiterated buy or outperform calls, though KeyCorp trimmed its target to $105.
• Uber’s latest earnings showed EPS of $0.72, topping estimates, while revenue rose 14.5% year over year to $13.2 billion. The company also guided Q2 2026 EPS at $0.78 to $0.82, and headlines highlighted optimism around its proposed $14.8 billion Delivery Hero acquisition.

KBC Group NV trimmed its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 8.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,953,222 shares of the ride-sharing company's stock after selling 260,550 shares during the period. KBC Group NV owned 0.14% of Uber Technologies worth $212,425,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the fourth quarter worth approximately $25,000. Portus Wealth Advisors LLC purchased a new stake in Uber Technologies in the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the third quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter valued at approximately $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They issued an "outperform" rating on the stock. Needham & Company LLC restated a "buy" rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. Guggenheim reissued a "buy" rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Fox Advisors raised Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. Finally, KeyCorp cut their target price on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $104.65.

Uber Technologies Price Performance

NYSE:UBER opened at $72.55 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $147.69 billion, a P/E ratio of 18.09 and a beta of 1.12. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The business's 50-day moving average is $72.72 and its 200 day moving average is $75.10.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business's revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 3 earnings per share for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
• Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber's Delivery Hero deal could strengthen cross-platform strategy
• Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies' Delivery Hero Deal Could Boost Growth, Profit, UBS Says
• Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
• Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

Uber Technologies 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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