Allworth Financial LP Invests $2.13 Million in Uber Technologies, Inc. $UBER

Key Points

• Allworth Financial LP acquired 29,582 Uber shares worth approximately $2.13 million during the second quarter. Institutional investors and hedge funds collectively own about 80.24% of Uber’s stock.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $104.25. Recent targets range from $103 to $118, although UBS downgraded the stock to “Neutral.”
• Uber’s latest quarter showed $0.81 in adjusted EPS and $14.19 billion in revenue, with revenue rising 12.2% year over year. The company’s autonomous-vehicle expansion offers growth potential, while a proposed $966 million Dutch data-protection fine represents a significant regulatory risk.

Allworth Financial LP bought a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,582 shares of the ride-sharing company's stock, valued at approximately $2,135,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the 4th quarter worth about $25,000. Portus Wealth Advisors LLC acquired a new stake in Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on UBER shares. Bank of America cut their target price on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a research note on Tuesday, July 28th. JPMorgan Chase & Co. raised their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. UBS Group cut Uber Technologies from a "buy" rating to a "neutral" rating in a research note on Monday, May 11th. Weiss Ratings downgraded Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, July 24th. Finally, TD Cowen reissued a "buy" rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.25.

Uber Technologies News Summary

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.

Uber Technologies Stock Performance

Shares of UBER stock opened at $78.89 on Friday. The stock has a market capitalization of $161.14 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 6.33 and a beta of 1.13. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The company's 50-day simple moving average is $73.06 and its 200-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.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion for 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%.Uber Technologies's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

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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