Bailard Inc. Sells 36,451 Shares of Uber Technologies, Inc. $UBER

Key Points

• Bailard Inc. reduced its Uber stake by 12.4%, selling 36,451 shares during the second quarter and retaining 256,587 shares valued at approximately $18.5 million. Institutional investors own about 80.24% of Uber’s stock.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $104.25. Recent targets include $112 from Mizuho and $115 from Tigress Financial, although some analysts downgraded the stock to “Reduce” or “Underweight.”
• Uber shares opened at $75.88, while the company’s latest quarterly results showed $0.81 EPS and $14.19 billion in revenue, with revenue up 12.2% year over year. Uber is also expanding robotaxi partnerships in Europe and preparing a Tokyo pilot, though it faces cybersecurity concerns at Uber Freight and longer-term autonomous-vehicle risks.

Bailard Inc. trimmed its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 12.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 256,587 shares of the ride-sharing company's stock after selling 36,451 shares during the period. Bailard Inc.'s holdings in Uber Technologies were worth $18,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after purchasing an additional 6,129 shares during the period. Bison Wealth LLC grew its stake in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock worth $229,000 after purchasing an additional 641 shares in the last quarter. Caxton Associates LLP bought a new position in Uber Technologies in the first quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies during the 2nd quarter worth $842,000. 80.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on UBER shares. Mizuho set a $112.00 target price on Uber Technologies in a research report on Thursday, August 6th. BNP Paribas Exane downgraded Uber Technologies to an "underweight" rating in a research report on Monday, May 11th. HSBC downgraded Uber Technologies to a "reduce" rating in a report on Monday, May 11th. Raymond James Financial raised shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. Finally, Tigress Financial increased their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, June 12th. One research 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's stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $104.25.

Uber Technologies News Summary

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

• Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China's Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
• Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
• Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
• Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak

Uber Technologies Trading Down 0.1%

Shares of NYSE:UBER opened at $75.88 on Monday. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The business's fifty day simple moving average is $72.31 and its 200-day simple moving average is $73.43. The company has a market capitalization of $154.99 billion, a PE ratio of 16.68, a P/E/G ratio of 6.24 and a beta of 1.13. The company has a current ratio of 0.84, a quick 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm had revenue of $14.19 billion during the quarter, compared to analysts' expectations of $14.24 billion. During the same period in the prior year, the business posted $0.60 EPS. The firm's quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts predict that Uber Technologies, Inc. will post 3.33 earnings per share for the current fiscal 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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