Uber Technologies, Inc. $UBER Shares Purchased by Geode Capital Management LLC

Key Points

• Geode Capital Management increased its Uber stake by 3.5% in the fourth quarter, holding about 47.9 million shares valued at roughly $3.9 billion. Institutional investors now own about 80.24% of Uber, showing continued heavy institutional interest.
• Wall Street sentiment remains mostly positive, with Piper Sandler raising its price target to $105 and analysts giving Uber a consensus rating of “Moderate Buy.” The average price target is $104.97, though a few firms remain cautious or bearish.
• Uber reported Q1 earnings of $0.72 per share, topping estimates, while revenue rose 14.5% year over year to $13.20 billion. The company also guided Q2 2026 EPS at $0.78 to $0.82, even as concerns persist around AI spending and other margin pressures.

Geode Capital Management LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 3.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 47,936,203 shares of the ride-sharing company's stock after acquiring an additional 1,602,596 shares during the quarter. Geode Capital Management LLC owned 2.31% of Uber Technologies worth $3,906,083,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC boosted its stake in Uber Technologies by 11.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 12,066 shares of the ride-sharing company's stock worth $986,000 after purchasing an additional 1,287 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its stake in Uber Technologies by 6.7% during the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,553 shares of the ride-sharing company's stock worth $290,000 after purchasing an additional 222 shares during the last quarter. Roundview Capital LLC boosted its stake in Uber Technologies by 26.4% during the 4th quarter. Roundview Capital LLC now owns 18,111 shares of the ride-sharing company's stock worth $1,480,000 after purchasing an additional 3,779 shares during the last quarter. Flputnam Investment Management Co. boosted its stake in Uber Technologies by 6.6% during the 4th quarter. Flputnam Investment Management Co. now owns 6,329 shares of the ride-sharing company's stock worth $517,000 after purchasing an additional 393 shares during the last quarter. Finally, GS Investments Inc. boosted its stake in Uber Technologies by 125.1% during the 4th quarter. GS Investments Inc. now owns 25,017 shares of the ride-sharing company's stock worth $2,044,000 after purchasing an additional 13,905 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an "outperform" rating on the stock. Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. Benchmark reaffirmed a "hold" rating on shares of Uber Technologies in a research note on Thursday, February 5th. Finally, BNP Paribas Exane cut shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $104.97.

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.81% of the company's stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber increased its stake in Delivery Hero to 36.83% and boosted its voting rights to 24.99%, reinforcing takeover expectations and signaling an aggressive push into global food delivery. Uber Grabs Bigger Delivery Hero Stake to Edge Closer to Takeover
• Positive Sentiment: Uber was mentioned in reports about a strategic partnership with Mews that embeds Uber ride-booking and billing into hotel software, which could expand distribution and create new enterprise demand. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber also saw unusually heavy call buying, which can reflect traders positioning for further upside after the recent takeover news.
• Neutral Sentiment: Jim Cramer named Uber among stocks he would buy, adding a small sentiment boost but no direct business catalyst. Cramer On DoorDash: 'They Just Want Semis' — Uber, Reddit, Zscaler Caught In The Same Rotation
• Neutral Sentiment: Uber and JSW announced a collaboration to speed EV adoption in India, which supports the company’s mobility strategy but is not a major near-term earnings driver. JSW and Uber partner to accelerate EV adoption in India
• Negative Sentiment: Uber is facing renewed scrutiny over its AI spending, with executives questioning whether rapid costs are producing enough customer value, which raises margin concerns. Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
• Negative Sentiment: Consumer complaints about Uber One membership charges and a report questioning Uber’s insurance disclosures add reputational and regulatory overhang. Upset Uber customers charged for monthly memberships they say they never signed up for

Uber Technologies Trading Up 0.9%

Shares of UBER stock opened at $70.79 on Thursday. The company's 50-day moving average price is $73.98 and its 200-day moving average price is $78.74. 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 stock has a market cap of $144.09 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 5.96 and a beta of 1.16. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data 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 analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies's revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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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