CoreCap Advisors LLC raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 312.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,574 shares of the ride-sharing company’s stock after buying an additional 40,592 shares during the quarter. CoreCap Advisors LLC’s holdings in Uber Technologies were worth $5,249,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Brant Point Investment Management LLC acquired a new stake in shares of Uber Technologies during the second quarter worth $933,000. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies in the 3rd quarter worth $1,538,000. Spirepoint Private Client LLC boosted its holdings in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after acquiring an additional 13,454 shares in the last quarter. Munro Partners acquired a new position in shares of Uber Technologies during the second quarter worth about $96,294,000. Finally, Prudential PLC increased its stake in shares of Uber Technologies by 15.7% during the second quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after acquiring an additional 29,359 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled a production‑intent robotaxi developed with Lucid and Nuro, has begun on‑road testing in the San Francisco Bay Area, and plans a commercial launch later this year — advancing a long‑term revenue and cost‑reduction pathway if deployments scale. Lucid, Nuro, Uber debut robotaxi
- Positive Sentiment: Uber renewed / strengthened mapping and location ties with TomTom to integrate maps and live services across its platform — this supports ride/AV routing reliability and reduces technical integration risk for on‑demand and autonomous services. TomTom and Uber strengthen ties
- Neutral Sentiment: Positive media and analyst pieces are painting Uber as a potential robotaxi leader (e.g., 24/7 Wall St., TechCrunch, CNET coverage), which can lift sentiment but may already be priced in given the long runway and capital needs of AV commercialization. Uber Technologies Is the Robotaxi Winner of 2026
- Neutral Sentiment: Recent reports note institutional purchases by smaller managers — incremental buying that supports liquidity but not necessarily a change to the broader sell‑side view. CV Advisors LLC Invests in Uber Technologies
- Negative Sentiment: Melius Research downgraded UBER to Sell with a $73 price target, citing intensified robotaxi competition and valuation risk — analyst downgrades can pressure the stock and trigger short‑term outflows. Uber Stock Is Cut to Sell
- Negative Sentiment: Legal and governance headlines: Uber failed to delay a sexual‑assault trial and could not block related ad campaigns, and a shareholder‑law firm announced an investigation into the board for possible fiduciary lapses around rider safety and driver checks — these raise litigation, reputational and potential financial risks. Uber fails to delay trial
Insider Activity at Uber Technologies
Analyst Ratings Changes
UBER has been the topic of a number of analyst reports. Wedbush lowered their price objective on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Wall Street Zen upgraded Uber Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a report on Tuesday, November 4th. DA Davidson raised their target price on Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Mizuho started coverage on shares of Uber Technologies in a research note on Monday, September 29th. They set an “outperform” rating and a $130.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $107.33.
Read Our Latest Analysis on Uber Technologies
Uber Technologies Trading Up 5.8%
Shares of UBER stock opened at $85.45 on Wednesday. The stock has a market cap of $177.54 billion, a P/E ratio of 10.98 and a beta of 1.20. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The business has a fifty day simple moving average of $87.14 and a 200-day simple moving average of $91.41.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping the consensus estimate of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same period in the previous year, the firm earned $1.20 EPS. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. On average, analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
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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