Six politicians from the United States have collectively purchased over $6 million in Uber Technologies Inc. (NYSE: UBER) stock so far in 2026.
The six politicians include President Donald Trump, Colorado’s Democratic Senator John Hickenlooper, Arkansas’ Republican Senator John Boozman, Oklahoma’s Republican Senator Alan Armstrong, former House Speaker Nancy Pelosi, and Washington’s Republican Representative Dan Newhouse, according to a post from Nancy Pelosi Stock Tracker analyzed by Finbold on July 29.
On June 23, Pelosi filed a purchase of 200 Uber call options with a $50 strike price, worth between $500,001 and $1,000,000, expiring in March 2027. The options were purchased on May 29, when UBER stock was trading at around $70, as Finbold reported.
Receive Signals on SEC-verified Insider Stock Trades
This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
Earlier, on February 6, Hickenlooper reported having secured between $100,001 and $250,000 in Uber stock on January 14, when the stock was trading at approximately $85. On the same day as Hickenlooper, Boozman disclosed he acquired between $1,001 and $15,000 worth of UBER shares.
In late March, Armstrong declared a purchase between $1,001 and $15,000 worth of Uber shares. Earlier this month, Newhouse announced an exposure in UBER stock valued between $1,001 and $15,000.
Receive Signals on US Congress Members' Stock Trades
Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.
With President Trump’s $5 million stake in the company, U.S. politicians have bought more than $6 million in UBER so far in 2026.
Why are U.S. politicians betting on UBER stock?
U.S. politicians could be betting on the company’s stock uptrend amid growth prospects from Uber’s autonomous vehicles and Uber Eats. For instance, Bank of America Corp. (NYSE: BAC) reiterated its Buy rating and forecast gross bookings of $57.3 billion, compared with estimates of $57.2 billion.
Additionally, the bank expects Uber to guide for third-quarter gross bookings at $60 billion, up from $58 billion. Ahead of the August 5, 2026 earnings result, 31 Wall Street analysts surveyed by TipRanks set an average 12-month price target of $108.19 for UBER, implying a 54.20% upside.
Receive Signals on US Senators' Stock Trades
Stay up-to-date on the trading activity of US Senators. The signal triggers based on updates from the Senate disclosure reports, notifying you of their latest stock transactions.
Worth noting, Uber has spent approximately $2,170,000 in federal lobbying so far in 2026, according to official data, which may influence key decisions that affect its future growth prospects.
Share price analysis
Year-to-date (YTD), UBER shares have declined by over 13%, trading at $70.74 at press time. Over the past 24 hours, this stock price surged 2.43%
With strong fundamentals amid political and Wall Street support, UBER could hit a new all-time high (ATH) as projected.
