Altman Advisors Inc. Invests $2.07 Million in Uber Technologies, Inc. $UBER

Key Points

• Altman Advisors acquired a new Uber stake worth approximately $2.07 million, purchasing 28,661 shares during the second quarter. Institutional investors collectively own 80.24% of Uber’s outstanding stock.
• Analyst sentiment remains broadly positive: Uber has a “Moderate Buy” consensus rating, with 33 Buy ratings and an average price target of $104.25, despite some downgrades.
• Uber’s latest quarter showed continued growth: adjusted earnings of $0.81 per share narrowly beat estimates, revenue rose 12.2% year over year to $14.19 billion, and the company issued third-quarter EPS guidance of $0.84–$0.88.

Altman Advisors Inc. purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 28,661 shares of the ride-sharing company's stock, valued at approximately $2,068,000.

A number of other institutional investors also recently modified their holdings of UBER. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the 3rd quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the third quarter worth $32,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the fourth quarter worth $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America decreased their price objective on Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a research note on Tuesday, July 28th. HSBC downgraded Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. JPMorgan Chase & Co. lifted their target price on Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set an "outperform" rating on the stock. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Uber Technologies in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $104.25.

Uber Technologies Stock Performance

NYSE:UBER opened at $78.61 on Friday. The business's 50-day moving average price is $72.86 and its two-hundred day moving average price is $73.31. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99. The stock has a market cap of $160.57 billion, a P/E ratio of 17.28, a PEG ratio of 6.29 and a beta of 1.13. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The company had revenue of $14.19 billion during 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%.Uber Technologies's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 3.39 EPS 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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