Morse Asset Management Inc Cuts Position in Uber Technologies, Inc. $UBER

Morse Asset Management Inc decreased its position in Uber Technologies, Inc. (NYSE:UBER) by 88.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,811 shares of the ride-sharing company’s stock after selling 13,945 shares during the quarter. Morse Asset Management Inc’s holdings in Uber Technologies were worth $148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of UBER. Brighton Jones LLC grew its holdings in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC raised its stake in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares in the last quarter. Caxton Associates LLP bought a new position in Uber Technologies during the first quarter valued at $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies during the second quarter valued at $842,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Ahold Delhaize is expanding grocery delivery on Uber Eats to nearly 2,000 U.S. stores, a volume and revenue tailwind for Uber’s Eats business. Ahold Delhaize expands Uber Eats grocery delivery to nearly 2,000 US stores
• Positive Sentiment: Stop & Shop announced expanded Uber Eats grocery availability, reinforcing momentum in grocery delivery adoption and unit economics improvement for Eats. Stop & Shop Expands Grocery Delivery for Customers with Uber Eats
• Positive Sentiment: Uber and Santander launched a Europe-focused fleet financing program (≈$1B) to scale rides and prepare for eventual autonomous fleet deployments — reduces capex strain and accelerates growth. Uber, Santander Fuel Europe Expansion With Billion-Dollar Funding—Autonomous Play Brewing
• Positive Sentiment: Robotaxi partners (notably Lucid) and large vehicle orders keep long-term upside tied to autonomous mobility revenue potential if execution is successful. Lucid (LCID) Stock Q1 2026 Earnings Preview: What Analysts Are Watching Today
• Neutral Sentiment: Traders expect a sizable move around Uber’s upcoming Q1 earnings — increased volatility could amplify short-term share swings regardless of fundamentals. Here’s How Much Traders Expect Uber Stock to Move After Earnings
• Neutral Sentiment: Earnings previews flag revenue growth but emphasize that investors will parse profit growth and margin trajectory as Uber scales costly autonomous bets. Uber Technologies set to report Q1 results amid autonomous bets, growth in focus
• Neutral Sentiment: Prediction markets show mixed odds on an earnings beat; low consensus beat probability could temper upside even if results are in line. Uber Earnings Prediction Market Preview: What Will Dara Khosrowshahi Say?
• Negative Sentiment: A recent jury verdict highlighted legal exposures that could pressure valuation and increase potential liabilities or regulatory scrutiny — a clear near-term risk for investors. Uber Jury Verdict Puts Legal Risks Beside Valuation Upside For Investors
• Negative Sentiment: Analyst commentary warns that strong growth is meeting rising costs and heavy autonomous spending; profit-growth proof in the coming quarter is essential to avoid further downside. Uber heads into earnings with growth and pressure

Wall Street Analyst Weigh In

UBER has been the subject of a number of recent research reports. KeyCorp dropped their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. DA Davidson lowered their price target on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. UBS Group dropped their price target on Uber Technologies from $111.00 to $110.00 and set a “buy” rating for the company in a research report on Friday. Finally, Guggenheim reissued a “buy” rating and set a $125.00 price objective on shares of Uber Technologies in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $105.11.

Uber Technologies Price Performance

Uber Technologies stock opened at $72.94 on Wednesday. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $73.89 and a 200-day moving average price of $81.01. The firm has a market capitalization of $149.01 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 6.77 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last issued its quarterly 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 net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 3.34 EPS for the current year.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by company insiders.

Uber Technologies 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.