Uber Technologies, Inc. $UBER Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 676,063 shares of the ride-sharing company’s stock, valued at approximately $46,317,000.

Several other large investors have also recently modified their holdings of the business. Pilgrim Partners Asia Pte Ltd raised its position in shares of Uber Technologies by 700.0% during the third quarter. Pilgrim Partners Asia Pte Ltd now owns 8,000 shares of the ride-sharing company’s stock worth $548,000 after acquiring an additional 7,000 shares during the last quarter. Aviance Capital Partners LLC grew its position in shares of Uber Technologies by 15.7% during the 3rd quarter. Aviance Capital Partners LLC now owns 67,221 shares of the ride-sharing company’s stock worth $4,605,000 after buying an additional 9,124 shares during the period. SFE Investment Counsel increased its stake in shares of Uber Technologies by 6.1% in the 3rd quarter. SFE Investment Counsel now owns 92,459 shares of the ride-sharing company’s stock valued at $6,334,000 after acquiring an additional 5,352 shares in the last quarter. Vise Technologies Inc. increased its stake in shares of Uber Technologies by 5.9% in the 3rd quarter. Vise Technologies Inc. now owns 141,800 shares of the ride-sharing company’s stock valued at $9,715,000 after acquiring an additional 7,937 shares in the last quarter. Finally, Summit Global Investments lifted its position in shares of Uber Technologies by 109.7% during the 3rd quarter. Summit Global Investments now owns 11,898 shares of the ride-sharing company’s stock valued at $815,000 after acquiring an additional 6,224 shares during the period. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Halloween is expected to generate unusually strong ride-hailing demand, potentially supporting fourth-quarter Mobility bookings and driver activity. The busiest day of the year for Uber and Lyft drivers is almost here
• Positive Sentiment: Uber’s Delivery business continues to expand, with reported delivery bookings growth of 26% and new or expanded relationships involving Key Food, Costco and ezCater. These initiatives could strengthen its grocery and business-to-business delivery presence. How New Rules And Robotaxi Pressure At Uber Technologies Has Changed Its Investment Story
• Positive Sentiment: Wall Street expects another quarter of growth from Mobility and Delivery, while the company’s previous quarter slightly exceeded earnings-per-share expectations. UBER Stock: Here’s What to Expect From Uber’s Q3 Earnings Report
• Neutral Sentiment: Uber is approaching its Q3 2026 earnings report, with investors focused on gross bookings, take rate, margins, Delivery trends and management’s autonomous-vehicle strategy. Expectations call for solid operating growth, but the results could produce significant volatility. Ahead of Uber Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Negative Sentiment: Regulatory risks are increasing. A planned U.K. VAT change could raise rider prices and reduce competitiveness, while the FTC is seeking information on how personal data affects pricing and driver compensation. Why Is Uber Technologies Facing New UK Tax And FTC Pressure?
• Negative Sentiment: Uber and other delivery platforms are challenging a New York City law concerning delivery-worker deactivation, adding litigation uncertainty and potential compliance costs. Amazon, Uber, Instacart sue to block NYC law over delivery worker deactivation
• Negative Sentiment: DoorDash’s agreement to acquire Instacart for approximately $17 billion highlights intensifying competition in U.S. food delivery, where Uber Eats is reportedly losing app users. Autonomous-vehicle partnerships also raise concerns that robotaxis could eventually weaken Uber’s core ride-hailing economics. Fewer Americans are opening Uber Eats as DoorDash pulls ahead

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of research reports. KeyCorp reduced their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. DA Davidson decreased their price target on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Guggenheim reiterated a “buy” rating and set a $125.00 price objective on shares of Uber Technologies in a report on Friday, October 16th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, October 7th. Finally, Roth Capital reduced their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $102.97.

Uber Technologies Trading Down 0.1%

NYSE:UBER opened at $65.16 on Monday. Uber Technologies, Inc. has a 52 week low of $64.04 and a 52 week high of $100.35. The firm has a 50-day moving average price of $71.21 and a two-hundred day moving average price of $73.44. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $133.09 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 6.24 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. Uber Technologies’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.20 earnings per share for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi bought 141,000 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was purchased at an average price of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the transaction, the chief executive officer directly owned 1,367,100 shares of the company’s stock, valued at $97,009,416. This trade represents a 11.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Andrew Macdonald bought 70,000 shares of Uber Technologies stock in a transaction dated Friday, September 4th. The stock was acquired at an average price of $75.83 per share, with a total value of $5,308,100.00. Following the purchase, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.81% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.