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Uber Technologies ( (UBER) ) has issued an update.
On February 8, 2026, Uber Technologies agreed with Mubadala Investment Company to acquire Getir’s delivery portfolio in Türkiye, starting with 100% of Getir’s food delivery business for $335 million in cash, after the unit generated more than $1 billion in gross bookings in 2025. Uber will also invest $100 million for a 15% stake in Getir’s grocery, retail and water delivery operations, with the remaining non-food assets to be acquired over the next few years subject to performance and regulatory approvals, deepening Uber’s commitment to Türkiye and integrating Getir and Trendyol Go to broaden choice for consumers and merchants while expanding courier opportunities.
Following completion, Uber plans to link Getir’s super app and Trendyol Go so users can access a wider restaurant base and grocery selection, aiming to build a more competitive on-demand ecosystem in a high-growth digital market. The transaction underscores Uber’s push to consolidate its position in Türkiye’s food and quick-commerce sectors, though its ultimate impact will depend on regulatory clearance, execution of planned synergies and the ability to manage operational risks and stakeholder relationships during the phased integration.
The most recent analyst rating on (UBER) stock is a Buy with a $103.00 price target. To see the full list of analyst forecasts on Uber Technologies stock, see the UBER Stock Forecast page.
Spark’s Take on UBER Stock
According to Spark, TipRanks’ AI Analyst, UBER is a Outperform.
The score is driven primarily by strong financial performance (sustained profitability and robust free cash flow) and a constructive earnings outlook emphasizing continued growth levers and capital returns. These strengths are partially offset by weak technicals (downtrend with oversold signals) and the risk that slower recent revenue growth raises execution pressure, particularly around AV scaling.
To see Spark’s full report on UBER stock, click here.
More about Uber Technologies
Uber Technologies, Inc. is a global technology company operating in mobility and delivery, offering ride-hailing as well as food, grocery and retail delivery services. Since launching in 2010, it has completed more than 68 billion trips and now focuses on moving people, food and goods through cities worldwide, positioning itself as a key player in on-demand urban logistics.
Average Trading Volume: 20,310,191
Technical Sentiment Signal: Sell
Current Market Cap: $155.4B
See more insights into UBER stock on TipRanks’ Stock Analysis page.