35,101 Shares in Uber Technologies, Inc. $UBER Bought by Benchmark Investment Advisors LLC

Key Points

• Benchmark Investment Advisors LLC bought 35,101 Uber shares worth approximately $2.53 million in the second quarter. Institutional investors collectively own 80.24% of Uber’s outstanding stock.
• Uber reported quarterly adjusted earnings of $0.81 per share, slightly ahead of the $0.80 consensus estimate, while revenue rose 12.2% year over year to $14.19 billion. The company issued third-quarter 2026 EPS guidance of $0.84 to $0.88.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $104.25, although recent coverage includes both upgrades and downgrades. Uber also faces regulatory and reputational risks, including a proposed $966 million Dutch data-protection fine and scrutiny of its algorithmic pricing practices.

Benchmark Investment Advisors LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,101 shares of the ride-sharing company's stock, valued at approximately $2,533,000.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Uber Technologies during the fourth quarter valued at about $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies in the 2nd quarter valued at about $752,151,000. Marshall Wace LLP lifted its stake in shares of Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Employees Provident Fund Board purchased a new stake in Uber Technologies during the 4th quarter valued at about $265,205,000. Finally, Southpoint Capital Advisors LP purchased a new stake in Uber Technologies during the 1st quarter valued at about $222,983,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Uber Technologies stock opened at $78.89 on Friday. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The stock's 50 day simple moving average is $73.06 and its two-hundred day simple moving average is $73.35. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market cap of $161.14 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 6.35 and a beta of 1.13.

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

Analyst Upgrades and Downgrades

UBER has been the topic of several recent analyst reports. Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. BNP Paribas Exane lowered shares of Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Citigroup reissued a "market outperform" rating on shares of Uber Technologies in a research report on Wednesday. Evercore reissued an "outperform" rating and issued a $150.00 price target on shares of Uber Technologies in a report on Wednesday, August 5th. Finally, Susquehanna decreased their price objective on shares of Uber Technologies from $110.00 to $90.00 and set a "positive" rating on the stock in a research report on Thursday, August 6th. One research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $104.25.

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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