Asset Management One Co. Ltd. Has $60.69 Million Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• Asset Management One reduced its Uber stake by 8.6% in the second quarter, selling 78,821 shares and retaining 840,989 shares valued at approximately $60.69 million. Institutional investors collectively own 80.24% of Uber.
• Uber’s latest quarterly results slightly exceeded expectations, with earnings of $0.81 per share versus $0.80 expected, while revenue reached $14.19 billion and rose 12.2% year over year. The company guided to third-quarter EPS of $0.84–$0.88.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $104.25 versus the stock’s reported $75.67 price. Autonomous-vehicle partnerships in Tokyo and London and strong gross-bookings growth are highlighted as potential catalysts, although a reported Uber Freight cyber incident poses a risk.

Asset Management One Co. Ltd. reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 8.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 840,989 shares of the ride-sharing company's stock after selling 78,821 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Uber Technologies were worth $60,686,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cadence Bank lifted its position in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock worth $722,000 after purchasing an additional 122 shares during the period. TFR Capital LLC. increased its holdings in Uber Technologies by 4.1% in the 4th quarter. TFR Capital LLC. now owns 3,449 shares of the ride-sharing company's stock valued at $282,000 after buying an additional 137 shares during the period. Hazlett Burt & Watson Inc. increased its holdings in Uber Technologies by 3.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock valued at $395,000 after buying an additional 139 shares during the period. Purus Wealth Management LLC raised its position in shares of Uber Technologies by 3.4% in the 4th quarter. Purus Wealth Management LLC now owns 4,206 shares of the ride-sharing company's stock valued at $344,000 after buying an additional 140 shares in the last quarter. Finally, KPP Advisory Services LLC lifted its stake in Uber Technologies by 4.3% during the fourth quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company's stock worth $278,000 after purchasing an additional 140 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Uber Technologies Stock Performance

Shares of UBER opened at $75.67 on Friday. 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 $154.55 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 6.19 and a beta of 1.13. The firm's fifty day simple moving average is $72.21 and its two-hundred day simple moving average is $73.47. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion during 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%.The business's revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts predict that Uber Technologies, Inc. will post 3.33 EPS for the current year.

Uber Technologies News Roundup

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Tokyo robotaxi partnership adds a potential growth catalyst. Uber Japan will work with Hinomaru Kotsu on a late-2026 autonomous-vehicle pilot in Tokyo. The local taxi operator will manage fleet operations, maintenance, charging and vehicle uptime, giving Uber local infrastructure and regulatory expertise. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Autonomous-vehicle prospects are improving in London. Transport for London’s licensing of Wayve vehicles moves Uber closer to an autonomous-ride rollout, while reported rider interest could support adoption. Uber’s broader partnerships and platform reach may allow it to benefit from robotaxi growth without owning all of the vehicle technology. Uber's AV Ambitions in London Receive a Boost
• Positive Sentiment: Core business momentum remains strong. Second-quarter gross bookings exceeded $58 billion, representing more than 20% growth for a fourth consecutive quarter as Mobility, Delivery and Freight all advanced. Analysts and financial commentators also point to improving margins, market-share gains and record free cash flow as evidence that Uber’s valuation may not reflect its fundamentals. UBER Rides on Gross Bookings Strength
• Neutral Sentiment: Uber is exploring rides for children ages 10 to 12. The feature could increase family trip frequency and expand Uber’s addressable market, but safety, supervision and regulatory requirements could affect its rollout and profitability. UBER Explores Expanding Ride Service for Kids
• Negative Sentiment: Uber Freight is investigating a reported cyber incident. A hacking group claims it accessed internal systems and repositories. Uber says Freight operations continue normally and the incident is contained, but potential data exposure, remediation costs and reputational damage remain risks. Uber Freight Reportedly Investigating After Hacking Group Claims Data Breach
• Negative Sentiment: Uber exited its entire Serve Robotics position. The sale ends a notable delivery-robotics relationship and may signal strategic disagreements, reducing Uber’s direct exposure to autonomous delivery. Separately, a potential California driver-unionization effort could raise labor costs and challenge Uber’s contractor-based model.

Analysts Set New Price Targets

UBER has been the subject of a number of research reports. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. Truist Financial increased their price target on Uber Technologies from $108.00 to $112.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Sanford C. Bernstein lowered their price objective on Uber Technologies from $110.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday, August 6th. Cantor Fitzgerald cut their price objective on Uber Technologies from $98.00 to $90.00 and set an "overweight" rating on the stock in a research note on Thursday, August 6th. Finally, Jefferies Financial Group upped their target price on Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a report on Monday. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $104.25.

Uber Technologies Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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