E. Ohman J or Asset Management AB Has $27.68 Million Holdings in Uber Technologies, Inc. $UBER

Key Points

• E. Ohman J or Asset Management AB increased its Uber stake by 9.4% in the second quarter, ending with 383,520 shares valued at approximately $27.68 million. Institutional investors collectively own 80.24% of Uber.
• Uber’s latest results showed adjusted EPS of $0.81, slightly above 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.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $104.25, although some firms have lowered ratings or targets and cited near-term earnings and stock-performance concerns.

E. Ohman J or Asset Management AB lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 9.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 383,520 shares of the ride-sharing company's stock after acquiring an additional 32,970 shares during the quarter. E. Ohman J or Asset Management AB's holdings in Uber Technologies were worth $27,675,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Pacer Advisors Inc. raised its position in shares of Uber Technologies by 23.7% in the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock valued at $370,641,000 after purchasing an additional 985,989 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after buying an additional 1,670,761 shares during the period. PNC Financial Services Group Inc. grew its stake in Uber Technologies by 6.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after buying an additional 29,587 shares during the last quarter. Mach 1 Financial Group LLC acquired a new position in Uber Technologies in the 4th quarter valued at $1,220,000. Finally, Weiss Asset Management LP raised its holdings in Uber Technologies by 465.5% in the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock worth $4,497,000 after acquiring an additional 51,465 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Susquehanna cut their target price on shares of Uber Technologies from $110.00 to $90.00 and set a "positive" rating for the company in a research report on Thursday. Guggenheim reaffirmed a "buy" rating and issued a $125.00 price target on shares of Uber Technologies in a research report on Thursday, August 6th. Evercore restated an "outperform" rating and set a $150.00 target price on shares of Uber Technologies in a research note on Wednesday, August 5th. HSBC downgraded Uber Technologies to a "reduce" rating in a research report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, Uber Technologies has an average rating of "Moderate Buy" and a consensus price target of $104.25.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Jefferies raised its price target: Jefferies added Uber to its “Franchise Picks” list and increased its target to $110 from $100, maintaining a Buy rating. The firm cited strong earnings and investor meetings, suggesting greater confidence in Uber’s growth outlook. Jefferies adds Uber to Franchise Picks
• Positive Sentiment: Quarterly results exceeded expectations: Uber reported adjusted EPS of $0.81 versus the $0.80 consensus estimate, while revenue rose 12.2% year over year to $14.19 billion. Management also provided a constructive bookings outlook, supporting the view that demand remains resilient. Uber Q2 earnings beat
• Positive Sentiment: Growth initiatives remain key catalysts: Uber’s earnings call highlighted continued expansion, cash generation and investments in autonomous-vehicle partnerships. These initiatives could broaden Uber’s long-term addressable market and improve operating leverage. Uber earnings call highlights
• Neutral Sentiment: International operations remain important: Analysts are evaluating Uber’s reliance on international revenue, which provides substantial growth potential but also exposes the company to currency movements, regulation and varying regional demand. Uber international revenue analysis
• Negative Sentiment: Near-term concerns remain: Although bookings trends are encouraging, commentary points to a softer EPS outlook and recent stock underperformance. Investors may therefore remain focused on whether growth investments translate into sustained earnings expansion. Uber investment outlook

Uber Technologies Stock Up 3.8%

Shares of UBER stock opened at $77.85 on Tuesday. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a fifty day moving average price of $71.94 and a 200 day moving average price of $73.61. The stock has a market cap of $158.47 billion, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 6.65 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The business'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. Analysts predict that Uber Technologies, Inc. will post 3.08 earnings per share for the current year.

About Uber Technologies

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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