3,196,550 Shares in Uber Technologies, Inc. $UBER Bought by Theleme Partners LLP

Key Points

• Theleme Partners LLP acquired 3.20 million Uber shares worth approximately $230.7 million, making Uber its third-largest holding and representing about 13.7% of its portfolio. Institutional investors collectively own 80.24% of Uber’s outstanding stock.
• Analyst sentiment remains broadly positive, with an average “Moderate Buy” rating and a consensus price target of $104.25. Uber recently reported quarterly EPS of $0.81, slightly exceeding estimates, while revenue rose 12.2% year over year to $14.19 billion.
• Uber’s autonomous-vehicle expansion, including planned robotaxi operations in Nevada and partnerships in Dubai and Croatia, supports its long-term growth narrative. However, an $825 million Dutch data-protection fine and scrutiny over algorithmic pricing create significant regulatory and reputational risks.

Theleme Partners LLP bought a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,196,550 shares of the ride-sharing company's stock, valued at approximately $230,663,000. Uber Technologies makes up about 13.7% of Theleme Partners LLP's investment portfolio, making the stock its 3rd largest holding. Theleme Partners LLP owned about 0.16% of Uber Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BIP Wealth LLC acquired a new stake in shares of Uber Technologies in the second quarter valued at approximately $1,033,000. Pacer Advisors Inc. increased its holdings in shares of Uber Technologies by 23.7% during the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock worth $370,641,000 after acquiring an additional 985,989 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Uber Technologies by 6.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after acquiring an additional 29,587 shares during the period. Finally, Mach 1 Financial Group LLC bought a new stake in Uber Technologies in the 4th quarter valued at $1,220,000. 80.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Citizens Jmp reaffirmed a "market outperform" rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a report on Friday, May 29th. UBS Group lowered shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research report on Monday, May 11th. Sanford C. Bernstein cut their target price on shares of Uber Technologies from $110.00 to $95.00 and set an "outperform" rating for the company in a research note on Thursday, August 6th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Uber Technologies in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $104.25.

Uber Technologies Stock Performance

NYSE:UBER opened at $78.89 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $73.06 and a 200 day simple moving average of $73.30. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. The stock has a market cap of $161.14 billion, a P/E ratio of 17.34, a PEG ratio of 6.35 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company's revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Research analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.

More Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion strengthens Uber’s autonomous-vehicle narrative. Uber launched Baidu’s fully driverless Apollo Go service in Dubai and began autonomous rides in Zagreb, Croatia, with Pony.ai and Verne. These launches support Uber’s role as a global platform for third-party autonomous fleets, potentially adding future ride supply without requiring Uber to own the vehicles. Uber launches Baidu’s Apollo Go in Dubai
• Positive Sentiment: Nevada approvals provide a major commercial opportunity. Regulators approved permits allowing Tesla, Uber and Waymo to operate as many as 8,000 robotaxis in Clark County over the next year. The authorization gives Uber a path to scale autonomous rides in the Las Vegas market, although actual deployment and profitability remain uncertain. Nevada approves Tesla, Uber and Waymo robotaxis
• Positive Sentiment: Investor and analyst commentary remains supportive. Uber was selected as a “Stock to Study” by BetterInvesting Magazine, while CNBC commentary and Jim Cramer remained favorable toward the company’s long-term prospects. These endorsements are secondary catalysts but may reinforce positive sentiment following Uber’s recent earnings beat.
• Neutral Sentiment: Uber monetized part of its Aurora investment. The company sold approximately $472 million of Aurora Innovation stock while retaining more than 186 million shares. The transaction provides liquidity and may crystallize gains, but it also reduces Uber’s exposure to a key autonomous-driving investment. Uber sells $472 million of Aurora stock
• Negative Sentiment: A Dutch regulator imposed an €825 million ($966 million) fine. The penalty alleges Uber violated European data-protection rules by automatically suspending drivers without adequate notice or human review. The fine creates a sizable financial and compliance liability and could require changes to Uber’s driver-account procedures. Dutch regulator fines Uber for automated suspensions
• Negative Sentiment: Reports about algorithmic pricing add reputational and regulatory risk. Coverage of Uber’s AI-driven upfront pricing could increase scrutiny over how fares and driver pay are determined, particularly alongside the driver-suspension ruling. While dynamic pricing can support revenue optimization, concerns about transparency may pressure Uber to modify its systems.

About Uber Technologies

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.

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