VCI Wealth Management LLC Acquires New Holdings in Uber Technologies, Inc. $UBER

VCI Wealth Management LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,024 shares of the ride-sharing company’s stock, valued at approximately $1,783,000.

A number of other hedge funds have also recently added to or reduced their stakes in UBER. BIP Wealth LLC bought a new stake in shares of Uber Technologies during the second quarter worth about $1,033,000. Pacer Advisors Inc. increased its stake in shares of Uber Technologies by 23.7% in the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock valued at $370,641,000 after buying an additional 985,989 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Uber Technologies by 6.1% in the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock valued at $37,025,000 after buying an additional 29,587 shares during the period. Weiss Asset Management LP raised its holdings in Uber Technologies by 465.5% in the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company’s stock valued at $4,497,000 after buying an additional 51,465 shares during the last quarter. Finally, Evercore Wealth Management LLC raised its holdings in Uber Technologies by 6.3% in the 1st quarter. Evercore Wealth Management LLC now owns 1,156,032 shares of the ride-sharing company’s stock valued at $83,153,000 after buying an additional 68,433 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of UBER opened at $66.62 on Tuesday. The business has a 50-day moving average of $70.96 and a 200-day moving average of $73.34. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $136.07 billion, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 5.58 and a beta of 1.27. Uber Technologies, Inc. has a 1 year low of $64.04 and a 1 year high of $100.35.

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

Analyst Upgrades and Downgrades

UBER has been the topic of several recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Monday, October 12th. BMO Capital Markets set a $119.00 price target on shares of Uber Technologies in a research report on Thursday, September 3rd. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. Susquehanna dropped their price target on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a research note on Thursday, August 6th. Finally, Bank of America cut their price target on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $102.86.

More Uber Technologies News

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

• Positive Sentiment: UBS maintains a Buy rating. UBS lowered its price target to $106 from $110, but the revised target still implies approximately 59% upside from the referenced share price. The continuing Buy recommendation signals confidence in Uber’s long-term growth, cash generation and competitive position. UBS Adjusts Price Target on Uber Technologies to $106 From $110, Keeps Buy Rating
• Positive Sentiment: Wall Street still sees substantial upside ahead of earnings. Analysts broadly expect continued revenue growth and remain constructive on Uber’s cash flow and market position, with consensus estimates suggesting roughly 58% upside. Uber Heads Into Q3 With Wall Street Seeing 58% Upside
• Positive Sentiment: Uber is expanding its financial-services capabilities. A pilot involving Uber, HSBC, Franklin Templeton, Tradeweb and Fireblocks demonstrated around-the-clock enterprise treasury and embedded-finance applications. The initiative could create longer-term strategic value, although it is not yet a major earnings driver. Uber Helped Scale Embedded Finance
• Neutral Sentiment: Earnings expectations are mixed. Analysts reportedly expect third-quarter earnings of about $0.86 per share, broadly consistent with Uber’s $0.84–$0.88 guidance, but well below the unusually high $3.11 reported a year earlier. Revenue growth and the company’s outlook will likely be more important than the year-over-year EPS comparison. UBER Stock Forecast Ahead of Q3 Earnings
• Negative Sentiment: Technical performance remains weak ahead of the report. Uber has been underperforming before earnings and is trading below its key moving averages, increasing the risk of volatility if results or guidance disappoint. Uber Stock Underperforming Ahead of Earnings

Insiders Place Their Bets

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

Uber Technologies Company Profile

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.