M&T Bank Corp Lowers Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• M&T Bank cut its Uber stake by 90.4% in Q4, selling 361,289 shares and leaving a 38,399‑share position valued at about $3.14 million per its latest 13F filing.
• Uber reported Q4 EPS of $0.71, missing estimates of $0.79 while delivering revenue of $14.37 billion (slightly above expectations); the company posted a 19.33% net margin, 43.63% ROE and set Q1 2026 guidance of $0.65–$0.72 EPS.
• Market positioning is broadly positive: the stock has a consensus rating of "Moderate Buy" with a $105.14 average price target, institutional ownership of ~80.24% is high, and insider activity was mixed (CFO bought shares while a senior VP sold some holdings).

M&T Bank Corp lowered its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 90.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,399 shares of the ride-sharing company's stock after selling 361,289 shares during the period. M&T Bank Corp's holdings in Uber Technologies were worth $3,138,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in UBER. Massachusetts Financial Services Co. MA grew its position in Uber Technologies by 4,471.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company's stock valued at $290,660,000 after acquiring an additional 2,901,936 shares during the period. Robeco Institutional Asset Management B.V. boosted 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 worth $531,197,000 after buying an additional 2,671,539 shares during the period. C WorldWide Group Holding A S purchased a new stake in shares of Uber Technologies in the third quarter worth about $173,776,000. Danske Bank A S acquired a new position in shares of Uber Technologies in the third quarter worth about $151,979,000. Finally, Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company's stock worth $18,695,502,000 after acquiring an additional 1,277,322 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Price Performance

UBER opened at $76.22 on Tuesday. The stock has a fifty day moving average of $73.76 and a 200-day moving average of $81.57. The firm has a market capitalization of $155.70 billion, a P/E ratio of 16.18, a PEG ratio of 6.83 and a beta of 1.21. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies's revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 3.34 EPS for the current fiscal year.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Guggenheim reaffirmed a "buy" on UBER and set a $125 price target, signaling strong upside versus the current level and likely supporting bullish positioning by investors. Guggenheim reiterates buy on Uber
• Positive Sentiment: Uber expanded its global partnership with Block / Square to streamline restaurant operations and broaden payment options for Uber Eats — a deal that can deepen merchant relationships, boost take rates and international growth for the delivery segment. Uber, Block expand global partnership Square and Uber Eats expand partnership
• Positive Sentiment: Investor confidence: Bill Ackman holds a large position that includes Uber, which can attract attention from other institutional investors and signal conviction from an influential manager. Bill Ackman holds Uber
• Neutral Sentiment: General commentary pieces highlighted profitable tech names and Uber’s long-term positioning; these broader analyses can shape sentiment but don’t provide immediate company-specific catalysts. 2 Profitable Stocks with Competitive Advantages
• Neutral Sentiment: Historical context on early investors (e.g., Google’s early Uber stake) is a reminder of the stock’s long-term narrative but doesn’t affect near-term moves. Google's early Uber bet
• Neutral Sentiment: Market noise from unrelated auto/EV names (e.g., Lucid’s drop) can weigh on sentiment for mobility stocks generally but is not a direct Uber fundamental driver. Lucid crashes to 52-week low
• Negative Sentiment: Regulatory/regime risk in AI and tech: China’s decision to block Meta’s Manus acquisition highlights rising geopolitical and regulatory scrutiny of AI deals — a negative backdrop for global tech valuations and deal activity that could indirectly pressure sentiment toward UBER and peers. China blocks Meta's Manus acquisition

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Needham & Company LLC restated a "buy" rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Tuesday, February 3rd. Cantor Fitzgerald lowered their target price on Uber Technologies from $99.00 to $92.00 and set an "overweight" rating for the company in a report on Thursday, February 5th. Weiss Ratings lowered Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 19th. TD Cowen reissued a "buy" rating on shares of Uber Technologies in a report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. decreased their price target on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.14.

Insider Buying and Selling at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company's stock, 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. 3.81% of the stock is currently owned by company insiders.

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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