Econ Financial Services Corp Grows Stake in Uber Technologies, Inc. $UBER

Econ Financial Services Corp boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 234.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 52,467 shares of the ride-sharing company’s stock after purchasing an additional 36,767 shares during the period. Uber Technologies accounts for about 2.1% of Econ Financial Services Corp’s investment portfolio, making the stock its 10th biggest holding. Econ Financial Services Corp’s holdings in Uber Technologies were worth $4,287,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its stake in shares of Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after buying an additional 4,133,532 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Uber Technologies by 4,471.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Uber Technologies by 97.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock valued at $531,197,000 after acquiring an additional 2,671,539 shares during the last quarter. C WorldWide Group Holding A S acquired a new stake in Uber Technologies in the third quarter valued at $173,776,000. Finally, Danske Bank A S bought a new position in shares of Uber Technologies in the 3rd quarter valued at about $151,979,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Price Performance

Shares of UBER opened at $71.92 on Wednesday. The company’s 50-day moving average is $74.95 and its 200-day moving average is $84.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $146.93 billion, a PE ratio of 15.27, a PEG ratio of 6.40 and a beta of 1.22. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results 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 for the quarter, compared to the consensus estimate of $14.32 billion. During the same period in the previous year, the firm posted $3.21 EPS. 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. Equities analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Weiss Ratings downgraded shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. Wolfe Research lowered their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $105.14.

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

Insiders Place Their Bets

In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.70% of the company’s stock.

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.