Mackenzie Financial Corp Grows Stock Holdings in Uber Technologies, Inc. $UBER

Mackenzie Financial Corp increased its position in Uber Technologies, Inc. (NYSE:UBER) by 10.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,331,178 shares of the ride-sharing company’s stock after buying an additional 120,901 shares during the period. Mackenzie Financial Corp owned about 0.06% of Uber Technologies worth $130,416,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of UBER. Brant Point Investment Management LLC purchased a new stake in shares of Uber Technologies in the second quarter worth about $933,000. Spirepoint Private Client LLC grew its holdings in Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after buying an additional 13,454 shares in the last quarter. Econ Financial Services Corp bought a new stake in Uber Technologies in the 3rd quarter worth approximately $1,538,000. Transcendent Capital Group LLC bought a new stake in Uber Technologies in the 3rd quarter worth approximately $1,859,000. Finally, Prudential PLC raised its holdings in shares of Uber Technologies by 15.7% during the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after acquiring an additional 29,359 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of research reports. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research report on Thursday, February 5th. DA Davidson decreased their price target on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Wedbush lowered their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Wolfe Research dropped their price objective on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Arete Research set a $125.00 target price on shares of Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $105.29.

Key Uber Technologies News

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

• Positive Sentiment: Uber struck a multi-year deal to list Amazon-owned Zoox robotaxis on the Uber app — starting in Las Vegas this summer and rolling into Los Angeles next year — a distribution win that accelerates Uber’s path to driverless rides and potential unit-cost improvement over time. Zoox and Uber tie up to deploy robotaxis
• Positive Sentiment: Market reaction and coverage show the Zoox announcement was a surprise positive catalyst; pre-market and intraday moves indicate investors view clearer robotaxi distribution as de-risking long-term monetization. Zoox and Uber Announce Strategic Partnership
• Positive Sentiment: Uber is expanding autonomous delivery partnerships: Serve Robotics’ autonomous sidewalk robots (and a new White Castle tie-up) are now delivering via Uber Eats, and local robot delivery pilots (Center City) are underway — these lower delivery costs and scale the Eats network. Serve Robotics and White Castle Launch Autonomous Delivery via Uber Eats
• Positive Sentiment: Analyst and macro commentary is supportive — select sell‑side notes (and Evercore commentary) argue internet/ride‑hailing stocks like UBER look oversold, and at least one firm (BMO) keeps a constructive view and a $106 target. BMO: Buy rating maintained
• Neutral Sentiment: Nissan/Uber talks on deploying autonomous ride-hailing vehicles by 2027 are progressing — this signals more OEM collaboration but timing, scale and economics remain unclear, so near-term impact is uncertain. Nissan, Uber to deploy autonomous ride-hailing vehicles by 2027
• Neutral Sentiment: Product updates like the nationwide “Women Preferences” rider/driver matching aim to boost trust and retention but are unlikely to move near-term revenue materially. Will Uber’s Women Preferences Feature Reshape Ride Hailing?
• Negative Sentiment: Sectorwide weakness among consumer and internet stocks is a headwind for momentum names like UBER and could cap further upside if risk-off sentiment persists. Sector Update: Consumer Stocks Retreat

Insider Activity

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Stock Performance

NYSE:UBER opened at $74.91 on Thursday. The stock’s fifty day moving average is $78.06 and its 200 day moving average is $86.85. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The firm has a market capitalization of $154.17 billion, a PE ratio of 15.90, a PEG ratio of 6.63 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data 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 return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period in the previous year, the firm earned $3.21 earnings per share. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies Company 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.