Cibc World Market Inc. Acquires 227,160 Shares of Uber Technologies, Inc. $UBER

Cibc World Market Inc. boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 20.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,343,518 shares of the ride-sharing company’s stock after purchasing an additional 227,160 shares during the period. Cibc World Market Inc.’s holdings in Uber Technologies were worth $131,624,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Kilter Group LLC acquired a new stake in shares of Uber Technologies in the second quarter valued at about $26,000. Westend Capital Management LLC acquired a new position in shares of Uber Technologies in the third quarter worth approximately $27,000. Trust Co. of Toledo NA OH bought a new stake in Uber Technologies in the second quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new stake in Uber Technologies during the 2nd quarter valued at approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Uber Technologies during the 3rd quarter worth approximately $34,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Price Performance

UBER stock opened at $73.47 on Wednesday. The stock has a market capitalization of $152.66 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 6.75 and a beta of 1.21. The company’s 50-day moving average is $82.53 and its 200-day moving average is $89.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $14.32 billion. During the same period in the previous year, the firm earned $3.21 earnings per share. 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 research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Key Uber Technologies News

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

• Positive Sentiment: Strategic M&A in Türkiye expands delivery footprint at an attractive price — Uber agreed to acquire Getir’s Türkiye delivery portfolio for $335M cash and will invest another $100M to grow grocery/retail delivery, increasing scale in a market where Uber already operates. Uber to buy delivery arm of Turkey’s Getir
• Positive Sentiment: Autonomous ride-hailing rollout with Baidu in Dubai adds long-term margin and differentiation upside — Baidu’s Apollo Go AVs will be available on the Uber app in Dubai next month, signaling progress on robotaxi monetization and international AV partnerships. Uber rolls out Baidu’s self-driving taxis for ride hailing in Dubai
• Positive Sentiment: Payments/operations tie-up with Adyen supports global expansion and payments flexibility — renewed/expanded Adyen partnership can reduce payment friction and speed new market launches (e.g., kiosks). Adyen and Uber expand global partnership
• Neutral Sentiment: Earnings and guidance are mixed — Q4 showed profitable growth but Uber missed EPS estimates; management gave Q1 EPS guidance (0.65–0.72) and revenue growth remains solid, so fundamentals are improving even if near-term beats/misses matter to sentiment. Uber Technologies Earnings Call Highlights Profitable Growth
• Negative Sentiment: Legal risk from a recent trial loss increases potential liability and regulatory scrutiny — a Bloomberg Law piece highlights competing liability theories in assault suits against Uber, which could raise litigation costs or settlements. Uber Trial Loss Shows Competing Liability Paths in Assault Suits
• Negative Sentiment: Analyst pressure: Citigroup cut its price target, which can weigh on sentiment even if target remains above current levels — analyst revisions can drive short-term selling. Citigroup Cuts Uber Technologies (NYSE:UBER) Price Target to $110.00

Insider Activity at Uber Technologies

In other news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 9,375 shares of company stock worth $799,875 in the last ninety days. Insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on UBER shares. BMO Capital Markets reduced their price objective on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research report on Wednesday, February 4th. Wall Street Zen downgraded Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, DA Davidson upped their target price on Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.89.

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.