Ausdal Financial Partners Inc. Buys New Holdings in Uber Technologies, Inc. $UBER

Key Points

• Ausdal Financial Partners purchased 13,688 Uber shares worth approximately $988,000 in the second quarter. Institutional investors collectively own 80.24% of the company.
• Uber reported quarterly EPS of $0.81, slightly exceeding estimates, while revenue rose 12.2% year over year to $14.19 billion. The company guided for third-quarter 2026 EPS of $0.84–$0.88.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $104.25, while Uber expands autonomous-vehicle partnerships and continues to face legal and short-term technical risks.

Ausdal Financial Partners Inc. purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,688 shares of the ride-sharing company's stock, valued at approximately $988,000.

A number of other large investors also recently modified their holdings of the company. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC purchased a new position in shares of Uber Technologies during the first quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the third quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter valued at $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle ecosystem. More than 2,000 robotaxis from Pony.ai and Uber are expected to enter European roads, while Baidu’s Apollo Go autonomous vehicles are now available in parts of Dubai through the Uber app. These partnerships support Uber’s long-term platform strategy and could help it benefit from self-driving transportation without bearing all development costs. Uber and Pony.ai are about to unleash more than 2,000 robotaxis on European roads
• Positive Sentiment: Uber launched optional live video streaming for parents and guardians during teen rides. The safety-focused feature may increase trust and usage of teen accounts, although its direct financial impact is likely limited. Uber launches live video streaming for teen accounts
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and maintained a $100 price target, implying substantial upside from recent trading levels. Uber Eats is also benefiting from relatively resilient consumer demand for food delivery. Citizens JMP rating information
• Neutral Sentiment: Uber recently cleared a procedural hurdle in a California racketeering lawsuit involving alleged fraudulent rideshare injury claims. However, the company also faces a separate class action concerning Uber Eats priority-delivery fees, leaving the overall legal impact uncertain. Uber cleared a key hurdle in its California racketeering lawsuit
• Negative Sentiment: The immediate catalyst for the decrease appears technical rather than a major change in fundamentals. Coverage characterized the move as a pullback while the stock’s chart continues to heal from prior weakness, encouraging short-term profit-taking and caution among traders. Uber Stock Is Trading Lower Today: What’s Going On?

Uber Technologies Stock Down 2.3%

UBER opened at $78.47 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The stock has a market capitalization of $160.28 billion, a P/E ratio of 17.25, a P/E/G ratio of 6.47 and a beta of 1.13. The business has a 50 day simple moving average of $73.48 and a 200-day simple moving average of $73.38.

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, beating analysts' consensus estimates of $0.80 by $0.01. The company 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%.Uber Technologies's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Guggenheim reiterated a "buy" rating and issued a $125.00 price target on shares of Uber Technologies in a research report on Thursday, August 6th. BTIG Research reaffirmed a "buy" rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, July 14th. Citizens Jmp reiterated a "market outperform" rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday. Royal Bank Of Canada began coverage on Uber Technologies in a report on Monday, May 11th. They set an "outperform" rating on the stock. Finally, DA Davidson dropped their price target on Uber Technologies from $107.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. One investment 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, Uber Technologies presently 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source