Barlow Wealth Partners LLC Takes Position in Uber Technologies, Inc. $UBER

Key Points

• Barlow Wealth Partners acquired 288,435 Uber shares during the second quarter, valued at approximately $21.2 million. Uber now represents 2.2% of the firm’s portfolio and is its 23rd-largest holding.
• Institutional interest remains significant, with hedge funds and other institutional investors owning 80.24% of Uber’s stock; several firms increased or initiated positions recently.
• Uber reported quarterly EPS of $0.81, slightly above estimates, while revenue rose 12.2% year over year to $14.19 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $104.49.

Barlow Wealth Partners LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 288,435 shares of the ride-sharing company's stock, valued at approximately $21,229,000. Uber Technologies accounts for 2.2% of Barlow Wealth Partners LLC's investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after buying an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock worth $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its position in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock worth $229,000 after acquiring an additional 641 shares during the period. Caxton Associates LLP acquired a new position in Uber Technologies during the first quarter worth $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies during the second quarter valued at $842,000. 80.24% of the stock is 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: London robotaxi launch advances Uber’s autonomous strategy. Uber and Wayve have begun offering supervised autonomous rides in London, initially with safety drivers. The rollout gives Uber access to Wayve’s AI technology without having to develop and manufacture its own autonomous vehicles, and could eventually expand to other cities. Uber and AI-firm Wayve launch London's first robotaxis
• Positive Sentiment: Workforce reduction is being positioned as an efficiency and investment move. Uber plans to eliminate approximately 3,300 jobs, or about 10% of its global workforce, mainly by removing management layers and consolidating teams. Management says the savings and simpler structure will support core rides, delivery and autonomous-vehicle initiatives. Investors initially viewed the restructuring favorably because it could improve operating leverage. Uber to cut 10% of workforce in bid to move simpler and faster
• Positive Sentiment: Analyst sentiment remains supportive. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. These calls imply substantial upside from recent trading levels, although they remain dependent on execution and the company’s robotaxi investment case.
• Neutral Sentiment: Delivery Hero deal gains an important endorsement. Delivery Hero’s management and supervisory boards recommended that shareholders accept Uber’s approximately $15 billion takeover offer. The transaction could strengthen Uber’s global delivery platform, but financing, regulatory approval and integration risks remain. Delivery Hero board backs Uber's $15B takeover bid
• Negative Sentiment: Layoffs highlight disruption and execution risk. The cuts are Uber’s largest since the pandemic and could signal a need to control costs as competition intensifies and robotaxis threaten the traditional driver-based model.
• Negative Sentiment: Regulatory and competitive pressures persist. Uber is winding down operations in Nigeria, faces a European class-action lawsuit over its driver-management algorithms, and competes with Walmart-backed delivery alternatives. These developments could limit growth or increase compliance and labor costs.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $76.04 on Friday. The business's 50 day moving average price is $74.05 and its 200 day moving average price is $73.55. The company has a market cap of $155.32 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 6.16 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last issued 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 return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period last year, the company earned $0.60 EPS. The company's revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts predict that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Analysts Set New Price Targets

UBER has been the subject of a number of research reports. UBS Group cut shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research note on Monday, May 11th. Jefferies Financial Group raised their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Royal Bank Of Canada assumed coverage on Uber Technologies in a report on Monday, May 11th. They issued an "outperform" rating on the stock. Weiss Ratings lowered Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, July 24th. Finally, BNP Paribas Exane cut Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $104.49.

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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