Barrow Hanley Mewhinney & Strauss LLC Invests $426.73 Million in Uber Technologies, Inc. $UBER

Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,913,628 shares of the ride-sharing company's stock, valued at approximately $426,727,000. Uber Technologies makes up about 1.3% of Barrow Hanley Mewhinney & Strauss LLC's portfolio, making the stock its 26th largest position. Barrow Hanley Mewhinney & Strauss LLC owned about 0.29% of Uber Technologies as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Uber Technologies in the fourth quarter worth $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Uber Technologies in the second quarter valued at $752,151,000. Marshall Wace LLP boosted its stake in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the last quarter. Employees Provident Fund Board bought a new position in Uber Technologies during the 4th quarter valued at $265,205,000. Finally, Southpoint Capital Advisors LP acquired a new position in Uber Technologies during the 1st quarter worth $222,983,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $78.89 on Monday. The company has a market cap of $161.14 billion, a PE ratio of 17.34, a P/E/G ratio of 6.35 and a beta of 1.13. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The firm has a 50-day simple moving average of $73.06 and a 200 day simple moving average of $73.30. 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 posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating 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%.The business's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior 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, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Robotaxi expansion strengthens Uber’s autonomous-vehicle narrative. Uber launched Baidu’s fully driverless Apollo Go service in Dubai and began autonomous rides in Zagreb, Croatia, with Pony.ai and Verne. These launches support Uber’s role as a global platform for third-party autonomous fleets, potentially adding future ride supply without requiring Uber to own the vehicles. Uber launches Baidu’s Apollo Go in Dubai
• Positive Sentiment: Nevada approvals provide a major commercial opportunity. Regulators approved permits allowing Tesla, Uber and Waymo to operate as many as 8,000 robotaxis in Clark County over the next year. The authorization gives Uber a path to scale autonomous rides in the Las Vegas market, although actual deployment and profitability remain uncertain. Nevada approves Tesla, Uber and Waymo robotaxis
• Positive Sentiment: Investor and analyst commentary remains supportive. Uber was selected as a “Stock to Study” by BetterInvesting Magazine, while CNBC commentary and Jim Cramer remained favorable toward the company’s long-term prospects. These endorsements are secondary catalysts but may reinforce positive sentiment following Uber’s recent earnings beat.
• Neutral Sentiment: Uber monetized part of its Aurora investment. The company sold approximately $472 million of Aurora Innovation stock while retaining more than 186 million shares. The transaction provides liquidity and may crystallize gains, but it also reduces Uber’s exposure to a key autonomous-driving investment. Uber sells $472 million of Aurora stock
• Negative Sentiment: A Dutch regulator imposed an €825 million ($966 million) fine. The penalty alleges Uber violated European data-protection rules by automatically suspending drivers without adequate notice or human review. The fine creates a sizable financial and compliance liability and could require changes to Uber’s driver-account procedures. Dutch regulator fines Uber for automated suspensions
• Negative Sentiment: Reports about algorithmic pricing add reputational and regulatory risk. Coverage of Uber’s AI-driven upfront pricing could increase scrutiny over how fares and driver pay are determined, particularly alongside the driver-suspension ruling. While dynamic pricing can support revenue optimization, concerns about transparency may pressure Uber to modify its systems.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Wedbush assumed coverage on shares of Uber Technologies in a research report on Thursday, July 16th. They issued an "outperform" rating and a $91.00 target price for the company. Macquarie Infrastructure upgraded Uber Technologies to an "outperform" rating in a research note on Monday, May 11th. TD Cowen reissued a "buy" rating and issued a $118.00 price objective on shares of Uber Technologies in a report on Thursday, July 16th. HSBC cut Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. Finally, DA Davidson reduced their target price on Uber Technologies from $107.00 to $100.00 and set a "buy" rating on the stock in a 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER - Free Report).

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