Uber Technologies (NYSE:UBER) CEO Dara Khosrowshahi Buys 141,000 Shares

Uber Technologies, Inc. (NYSE:UBER) CEO Dara Khosrowshahi purchased 141,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was purchased at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the completion of the acquisition, the chief executive officer directly owned 1,367,100 shares in the company, valued at approximately $97,009,416. The trade was a 11.50% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Uber Technologies Stock Performance

UBER stock opened at $72.64 on Friday. The stock’s 50 day simple moving average is $74.01 and its 200 day simple moving average is $73.61. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The firm has a market cap of $148.38 billion, a P/E ratio of 15.97, a P/E/G ratio of 5.63 and a beta of 1.16. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts predict that Uber Technologies, Inc. will post 3.45 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UBER. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, September 4th. Jefferies Financial Group lifted their target price on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Bank of America lowered their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Finally, Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $103.03.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System lifted its holdings in Uber Technologies by 6,342.7% in the second quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock worth $14,395,651,000 after purchasing an additional 196,399,787 shares during the period. Public Investment Fund acquired a new position in Uber Technologies during the 2nd quarter valued at about $5,256,173,439. Norges Bank bought a new stake in shares of Uber Technologies during the 4th quarter worth about $2,515,094,000. Legal & General Group Plc bought a new stake in shares of Uber Technologies during the 2nd quarter worth about $943,167,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies during the 2nd quarter worth about $752,151,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

• Positive Sentiment: CEO Dara Khosrowshahi purchased 141,000 shares for approximately $10 million at an average price of $70.96, increasing his direct ownership by 11.5%. The large purchase is being interpreted as a signal that management considers Uber undervalued. Uber CEO stock purchase article
• Positive Sentiment: Scotiabank initiated coverage with a “sector outperform” rating and a $100 price target, implying significant upside from recent trading levels. Wedbush has also maintained an “outperform” rating, reinforcing the favorable sell-side view.
• Positive Sentiment: Uber, WeRide and AVOMO received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads. The partners plan to begin mapping and supervised testing with an initial 20-vehicle fleet in Madrid, targeting commercial operations by the end of 2026. The approval supports Uber’s strategy of offering robotaxi services through partners rather than building vehicles itself. Reuters Spain autonomous vehicle permit article
• Positive Sentiment: A new Wakefern partnership adds more than 375 supermarkets, including ShopRite and other regional banners, to Uber Eats. The deal expands grocery delivery scale and strengthens Uber’s presence in recurring everyday purchases. Uber Wakefern grocery partnership article
• Neutral Sentiment: Unusually heavy call-option activity and management commentary at the Goldman Sachs technology conference indicate heightened investor interest, but options positioning and conference remarks do not necessarily change Uber’s underlying earnings outlook.
• Negative Sentiment: Uber drivers in Amsterdam sued over claims that the company’s pay algorithm reduced earnings and violated privacy laws. Potential legal costs, regulatory scrutiny and changes to driver compensation could pressure margins if the claims gain traction. Amsterdam Uber driver lawsuit article
• Negative Sentiment: Management said savings from layoffs and lower insurance costs may be used to reduce ride prices. While this could stimulate demand, it may also limit near-term revenue or margin expansion and adds to concerns surrounding Uber’s restructuring and large autonomous-vehicle investments.

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.