Ally Financial Inc. Buys Shares of 72,000 Uber Technologies, Inc. $UBER

Ally Financial Inc. bought 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 & Exchange Commission. The fund bought 72,000 shares of the ride-sharing company's stock, valued at approximately $5,196,000.

Several other hedge funds also recently modified their holdings of UBER. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies during the 4th quarter worth about $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at approximately $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies in the 1st quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on UBER. Macquarie Infrastructure upgraded Uber Technologies to an "outperform" rating in a report on Monday, May 11th. Roth Capital reduced their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a "buy" rating for the company in a research note on Monday, August 10th. Raymond James Financial raised shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a report on Monday, May 11th. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research note on Monday, May 11th. Finally, Wolfe Research set a $100.00 target price on shares of Uber Technologies in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $104.25.

Key Stories Impacting Uber Technologies

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 Up 0.1%

UBER opened at $78.89 on Monday. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. 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 market capitalization of $161.14 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 6.35 and a beta of 1.13. The business has a 50 day moving average of $73.06 and a 200-day moving average of $73.30.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Uber Technologies's revenue 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. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.

Uber Technologies Profile

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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