Uber Technologies, Inc. $UBER Shares Purchased by Prudential PLC

Key Points

• Prudential PLC increased its Uber stake by 27.5% in the fourth quarter, buying 57,946 additional shares and lifting its position to 268,356 shares valued at about $21.9 million.
• Uber’s latest quarterly results topped earnings expectations, with EPS of $0.72 versus the $0.69 estimate, while revenue rose 14.5% year over year to $13.2 billion.
• Wall Street remains broadly constructive on Uber, with a consensus “Moderate Buy” rating and an average price target of $104.68, despite some analysts trimming targets recently.

Prudential PLC boosted its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 27.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 268,356 shares of the ride-sharing company's stock after buying an additional 57,946 shares during the period. Prudential PLC's holdings in Uber Technologies were worth $21,927,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the 3rd quarter valued at $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the 3rd quarter valued at $32,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter valued at $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies during the 4th quarter valued at $28,000. Finally, Blueline Advisors LLC acquired a new position in shares of Uber Technologies during the 4th quarter valued at $37,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

NYSE:UBER opened at $72.23 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50-day moving average of $73.57 and a two-hundred day moving average of $77.85. The stock has a market cap of $147.04 billion, a P/E ratio of 18.01, a PEG ratio of 6.10 and a beta of 1.12. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion during 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 firm's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle roadmap, including a new robotaxi push with Nuro and Lucid and a Madrid pilot with WeRide, which could support long-term growth if the company can scale driverless service successfully. Uber is making a much bigger bet on robotaxis
• Positive Sentiment: DA Davidson reaffirmed a Buy rating and a $107 price target, signaling that some analysts still see upside despite near-term volatility. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Positive Sentiment: Uber and LISC expanded the Health Access Fund with up to $750,000 in new grants, reinforcing Uber’s role in healthcare transportation and supporting its public-service image. Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. Raymond James Financial upgraded shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a report on Monday, May 11th. Morgan Stanley reduced their target price on shares of Uber Technologies from $110.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, February 5th. Mizuho reduced their target price on shares of Uber Technologies from $130.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, February 5th. Finally, Wedbush reduced their target price on shares of Uber Technologies from $78.00 to $75.00 and set a "neutral" rating on the stock in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $104.68.

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company'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 completion of the transaction, the senior vice president directly owned 460,756 shares of the company's stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.81% of the stock is currently owned by insiders.

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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