Allspring Global Investments Holdings LLC Increases Holdings in Uber Technologies, Inc. $UBER

Allspring Global Investments Holdings LLC raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 884,285 shares of the ride-sharing company’s stock after acquiring an additional 7,099 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Uber Technologies were worth $73,272,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Kilter Group LLC purchased a new position in shares of Uber Technologies in the 2nd quarter valued at $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies during the 3rd quarter worth $27,000. Total Investment Management Inc. acquired a new stake in Uber Technologies during the 2nd quarter worth $32,000. Finally, Imprint Wealth LLC purchased a new stake in Uber Technologies in the third quarter valued at $32,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. DA Davidson reduced their target price on Uber Technologies from $108.00 to $105.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Wedbush decreased their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Wolfe Research decreased their target price on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Finally, TD Cowen restated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $105.14.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $71.92 on Wednesday. The company has a 50-day simple moving average of $74.95 and a 200-day simple moving average of $84.73. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $146.93 billion, a price-to-earnings ratio of 15.27, a PEG ratio of 6.40 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last released its quarterly 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 company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insiders Place Their Bets

In related news, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.70% of the stock is owned by insiders.

More Uber Technologies News

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

• Positive Sentiment: Uber increased its stake and is ramping Level‑4 robotaxi operations with WeRide in Dubai — a concrete step toward monetizing its AV strategy and lowering long‑term ride costs. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Uber agreed to buy Blacklane to bolster its high‑end “Elite”/chauffeur offering, expanding addressable market in premium and corporate travel. The deal should help mix and monetization over time. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
• Positive Sentiment: Market commentary and upgrades (including a Seeking Alpha upgrade and Jim Cramer support) are boosting investor sentiment by framing recent pullbacks as buying opportunities given accelerating delivery growth and AV partnerships. What The Market Got Wrong With Uber (Rating Upgrade)
• Neutral Sentiment: Wells Fargo trimmed its price target from $100 to $95 but kept an Overweight rating — a modest analyst calibration rather than a change in overall bullish stance. Uber Price Target Cut by Wells Fargo to $95 Due to Autonomous Vehicle Impact
• Neutral Sentiment: Platinum Asset Management calls UBER a “battleground” company in its fund letter — highlighting mixed views among active managers about execution vs. runway. Platinum International Fund: “Uber Technologies (UBER) is a ‘Battleground’ Company.”
• Negative Sentiment: Operational risk: Uber Eats delivery robots were vandalized in Sheffield, underscoring rollout and regulatory/PR risks for physical automation deployments. Uber Eats delivery robots vandalised in Sheffield
• Negative Sentiment: Macro/headline risk: rising fuel costs (reported in driver anecdotes) squeeze driver economics and could pressure supply or require higher incentives in the near term. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size

About Uber Technologies

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.