Puzo Michael J purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 75,833 shares of the ride-sharing company's stock, valued at approximately $5,472,000. Uber Technologies accounts for about 1.4% of Puzo Michael J's holdings, making the stock its 28th largest position.
A number of other hedge funds also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the 3rd quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at $25,000. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Imprint Wealth LLC bought a new position in Uber Technologies during the third quarter worth $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Uber Technologies in the fourth quarter valued at $27,000. 80.24% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
UBER has been the subject of a number of recent analyst reports. Wolfe Research set a $100.00 price target on Uber Technologies in a report on Friday, May 29th. Fox Advisors upgraded Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday, May 11th. Raymond James Financial raised Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. Sanford C. Bernstein lowered their target price on Uber Technologies from $110.00 to $95.00 and set an "outperform" rating for the company in a report on Thursday, August 6th. Finally, BNP Paribas Exane lowered Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $104.25.
Check Out Our Latest Stock Report on UBER
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Robotaxi expansion in Dubai: Uber launched Baidu’s fully driverless Apollo Go vehicles on its platform in Dubai, creating what the companies described as the first global multi-partner autonomous network. The initiative strengthens Uber’s role as the marketplace connecting riders, autonomous fleets and local operators, without requiring Uber to build the vehicles itself. Uber Launches Baidu’s Fully Driverless Apollo Go in Dubai
- Positive Sentiment: Autonomous rides reach Europe: Uber, Pony.ai and Verne began offering autonomous rides in Zagreb, Croatia—the first European city where riders can book a self-driving vehicle through Uber’s app. The launch expands Uber’s long-term opportunity to participate in AV economics while relying on partners for vehicle technology and operations. Uber launches autonomous rides in Zagreb
- Positive Sentiment: Analyst and media support: Commentary comparing Uber with Lyft highlighted Uber’s stronger bookings growth, diversification and AV partnerships. Jim Cramer also remained bullish on Uber as a long-term holding, adding to the favorable sentiment around the stock. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
- Neutral Sentiment: Portfolio rebalancing involving Aurora: Uber sold approximately $472 million of Aurora Innovation stock but continues to own more than 186 million shares. The sale provides liquidity and may realize gains, although it reduces Uber’s direct exposure to Aurora’s future upside. Uber Sells $472 Million of Aurora Stock
- Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing pricing and margins if autonomous vehicles reduce the cost of competing services. The risk is longer term, but it highlights potential disruption to Uber’s core marketplace economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft
Uber Technologies Price Performance
Shares of NYSE UBER opened at $78.61 on Friday. The firm has a market capitalization of $160.57 billion, a P/E ratio of 17.28, a P/E/G ratio of 6.29 and a beta of 1.13. The firm's 50-day moving average price is $72.86 and its 200-day moving average price is $73.31. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99.
Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period last year, the business posted $0.60 EPS. The firm's revenue for the quarter was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.
About Uber Technologies
(
Free Report)
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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