MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Position in Uber Technologies, Inc. $UBER

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its Uber stake by 29.3% in Q3 to 1,582,870 shares (about $155.1M), while institutional investors now own roughly 80.24% of the company.
• Uber and NVIDIA expanded an AV partnership to deploy Level‑4 robotaxis starting in 1H 2027 (LA/SF) and scale to 28 cities by 2028, presenting revenue diversification and margin upside but also meaningful execution, regulatory, and capital risks.
• Analysts have a consensus "Moderate Buy" on UBER with a $105.29 price target; Uber reported a Q that missed EPS estimates ($0.71 vs. $0.79) despite 20.1% revenue growth to $14.37B, and insiders (including the CFO) recently bought shares.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 29.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,582,870 shares of the ride-sharing company's stock after acquiring an additional 359,116 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.08% of Uber Technologies worth $155,142,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Westend Capital Management LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth about $27,000. Kilter Group LLC purchased a new position in shares of Uber Technologies during the 2nd quarter valued at about $26,000. Imprint Wealth LLC bought a new stake in Uber Technologies in the 3rd quarter worth approximately $32,000. Total Investment Management Inc. purchased a new stake in Uber Technologies in the second quarter worth approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies in the third quarter worth approximately $34,000. Institutional investors own 80.24% of the company's stock.

More Uber Technologies News

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

• Positive Sentiment: Uber and NVIDIA expanded their AV partnership to deploy NVIDIA software-driven Level-4 robotaxis on Uber beginning in Los Angeles and San Francisco in 1H 2027 and scaling to 28 cities by 2028 — a concrete commercialization timeline that supports revenue diversification and long-term margin upside. NVIDIA to Launch L4 Software-Driven Robotaxis on Uber Across 28 Cities by 2028
• Positive Sentiment: Multiple outlets confirm the rollout plan and details (DRIVE Hyperion, Alpamayo reasoning model), reinforcing the strategic tie to NVIDIA’s AV stack and signaling potential scale benefits if adoption proceeds as planned. Uber, Nvidia plan robotaxi rollout in 28 cities starting next year
• Positive Sentiment: Uber is also broadening services (SpotHero parking acquisition and a formal Uber Autonomous Solutions business) to capture adjacent mobility revenue and support AV partner deployments — this expands TAM and monetization pathways beyond rides/delivery. Uber Expands Into Parking And Autonomy As Valuation Gap Persists
• Neutral Sentiment: Founder Travis Kalanick’s move to Texas generated headlines today; it’s notable publicity but unlikely to materially affect Uber’s operations or near-term financials. Another billionaire confirms California exit: Uber co-founder Kalanick
• Neutral Sentiment: Broader industry commentary (e.g., VC skepticism about an AI excess) and automaker adoption of NVIDIA DRIVE Hyperion show both enthusiasm and scrutiny for AV economics — this creates mixed signals for multiples and investor sentiment. Bill Gurley on AI bubble: A bunch of people got rich quick and a reset is coming
• Negative Sentiment: Ambitious rollout plans carry execution, regulatory and capital risk (Waymo and other incumbents already operate scaled services). If timelines slip or costs are higher-than-expected, the market could re-rate growth expectations. Uber, Nvidia plan robotaxi rollout in 28 cities starting next year

Wall Street Analysts Forecast Growth

Several research firms have commented on UBER. UBS Group set a $111.00 price target on shares of Uber Technologies in a research note on Monday, February 2nd. Wall Street Zen cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. BTIG Research reaffirmed a "buy" rating on shares of Uber Technologies in a report on Wednesday, March 11th. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Citizens Jmp raised shares of Uber Technologies from a "market perform" rating to an "outperform" rating and set a $100.00 price target for the company in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $105.29.

Uber Technologies Stock Performance

NYSE:UBER opened at $74.74 on Tuesday. 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 fifty-two week low of $60.63 and a fifty-two week high of $101.99. The firm has a market cap of $153.82 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 6.72 and a beta of 1.22. The business has a 50 day moving average price of $77.58 and a 200-day moving average price of $86.31.

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

Insiders Place Their Bets

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Tony West sold 3,125 shares of the company's stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company's stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.70% of the stock is owned by company insiders.

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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