Pallas Capital Advisors LLC Purchases 17,637 Shares of Uber Technologies, Inc. $UBER

Key Points

• Pallas Capital Advisors boosted its stake in Uber by 19.6% in Q4, buying 17,637 shares to hold 107,561 shares valued at about $8.79 million.
• Uber CFO Balaji Krishnamurthy bought 22,453 shares at ~ $71.25 each (a ~$1.6M purchase), representing a 357% increase in his personal holdings and signaling insider confidence.
• Uber formed a strategic robotaxi partnership with Pony.ai and Verne to launch Europe’s first commercial robotaxi service in Zagreb, a capital‑light move that could expand autonomous mobility exposure and improve long‑term margins.

Pallas Capital Advisors LLC increased its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,561 shares of the ride-sharing company's stock after buying an additional 17,637 shares during the quarter. Pallas Capital Advisors LLC's holdings in Uber Technologies were worth $8,789,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Vision MN LLC boosted its position in Uber Technologies by 10.9% during the 4th quarter. True Vision MN LLC now owns 6,210 shares of the ride-sharing company's stock valued at $507,000 after buying an additional 611 shares during the period. Hourglass Capital LLC purchased a new position in shares of Uber Technologies in the fourth quarter valued at about $380,000. Net Worth Advisory Group purchased a new position in shares of Uber Technologies in the fourth quarter valued at about $211,000. JFS Wealth Advisors LLC raised its stake in shares of Uber Technologies by 41.3% during the fourth quarter. JFS Wealth Advisors LLC now owns 978 shares of the ride-sharing company's stock valued at $80,000 after acquiring an additional 286 shares during the last quarter. Finally, Romano Brothers AND Company raised its stake in shares of Uber Technologies by 16.9% during the fourth quarter. Romano Brothers AND Company now owns 25,044 shares of the ride-sharing company's stock valued at $2,046,000 after acquiring an additional 3,612 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies News Summary

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

• Positive Sentiment: Strategic robotaxi partnership: Uber announced a partnership with Pony.ai and Verne to launch Europe’s first commercial robotaxi service in Zagreb — a capital‑light way to enter European autonomous mobility that could improve long‑term margins and TAM. Article Title
• Positive Sentiment: High street price target: 24/7 Wall St. published a bullish 12‑month price target (~$125), implying substantial upside versus current levels — a signal that some analysts see strong medium‑term upside. Article Title
• Positive Sentiment: Payments/retail deal could boost engagement: Uber signed a multi‑year partnership with Ibotta for US grocery and retail promotions, which may increase app engagement and non‑ride revenue. Article Title
• Positive Sentiment: Brokerage sentiment: Aggregated broker notes show an average rating around “Moderate Buy,” supporting investor confidence among some institutions. Article Title
• Positive Sentiment: Autonomous ecosystem tailwinds: Pony.ai said it will more than double its robotaxi fleet and is expanding internationally — scaling partners like Pony.ai improve the probability Uber’s robotaxi efforts will become meaningful. Article Title
• Positive Sentiment: EV supply relationship: Coverage flagged a large Rivian arrangement with Uber (Rivian deal references), which could help electrify driver fleets and reduce EV adoption friction for Uber drivers. Article Title
• Neutral Sentiment: Investor letters and coverage: Fund letters and Zacks pieces highlight Uber’s strategic positioning and elevated investor interest but provide mixed, non‑actionable takeaways. Article Title Article Title
• Neutral Sentiment: Office expansion/ops updates: Uber is expanding its NYC office and implementing in‑office expectations — operational news that is company‑specific but not clearly material to near‑term earnings. Article Title
• Negative Sentiment: Analyst estimate trims: Erste Group slightly lowered FY2026/2027 EPS forecasts, signaling some analysts see tighter near‑term growth/profitability than before. Article Title
• Negative Sentiment: Short‑term market reaction: Several outlets note the stock fell after the robo‑taxi announcement, suggesting investors are booking profits or treating the move as longer‑term R&D rather than immediate earnings accretive. Article Title

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. 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, January 20th. Canaccord Genuity Group set a $72.00 price target on Uber Technologies in a research report on Thursday, February 5th. Wedbush dropped their price objective on Uber Technologies from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Thursday, February 5th. Needham & Company LLC reiterated a "buy" rating and issued a $109.00 price objective on shares of Uber Technologies in a research report on Tuesday, February 3rd. Finally, TD Cowen reissued a "buy" rating on shares of Uber Technologies in a research note on Wednesday, March 11th. One equities 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.29.

Uber Technologies Price Performance

UBER stock opened at $69.22 on Friday. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company has a market cap of $141.41 billion, a P/E ratio of 14.70, a PEG ratio of 6.45 and a beta of 1.22. The firm has a 50-day moving average of $75.48 and a 200 day moving average of $85.21. 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 (NYSE:UBER - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. During the same quarter last year, the business earned $3.21 earnings per share. The business's quarterly revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Activity

In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.84% 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.

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.