Ferguson Wellman Capital Management Inc. Reduces Holdings in Uber Technologies, Inc. $UBER

Key Points

• Ferguson Wellman Capital Management cut its Uber stake by 98.8% in the second quarter, selling 810,074 shares and retaining 9,510 shares valued at approximately $686,000. Institutional investors still own about 80.24% of Uber’s stock.
• Uber reported quarterly EPS of $0.81, narrowly exceeding 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 $104.25.
• Growth opportunities include AI efficiency, robotaxi partnerships and the proposed Delivery Hero acquisition, but Uber faces significant risks from the transaction’s execution and an $966 million Dutch regulatory fine over automated driver suspensions.

Ferguson Wellman Capital Management Inc. lowered its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 98.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,510 shares of the ride-sharing company's stock after selling 810,074 shares during the period. Ferguson Wellman Capital Management Inc.'s holdings in Uber Technologies were worth $686,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Uber Technologies in the 4th quarter valued at approximately $25,000. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the 4th quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies during the 3rd quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

More Uber Technologies News

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

• Positive Sentiment: AI efficiency is improving. Uber said weekly use of its AI agents has increased 9.4 times while spending has stabilized, suggesting the company is expanding automation without a proportional increase in technology costs. This could support operating leverage and customer-service improvements. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Analyst support and robotaxi permits provide a catalyst. Citizens reiterated an Outperform rating on Uber and a $100 price target after regulators permitted Uber subsidiary Aviary Services, Tesla, and Waymo to operate robotaxi services. Separately, Uber is adding Baidu’s Apollo Go driverless rides to its platform in Dubai, strengthening its potential role as a marketplace for autonomous transportation. Tesla and Uber Won Robotaxi Permits
• Positive Sentiment: Delivery and logistics expansion continues. Uber formally launched its voluntary offer to acquire Delivery Hero for €41.50 per share, with acceptance running through November 5. The deal could expand Uber Eats’ international scale and network, while demand from Uber’s food-delivery platform is also supporting Serve Robotics’ delivery-robot business. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Neutral Sentiment: Bullish long-term arguments remain intact, but valuation and execution matter. Supporters point to Uber’s large user base, network effects, and ability to integrate autonomous vehicles. However, the Delivery Hero transaction brings integration, financing, and competitive risks, while Delivery Hero recently reported a €392 million first-half net loss despite stronger revenue and raised guidance. Uber Stock Is 20% Off Its All-Time High
• Negative Sentiment: A major regulatory fine is the clearest overhang. Dutch regulators fined Uber €825 million, or approximately $966 million, over automated driver suspensions and deactivations that allegedly lacked adequate explanations and meaningful human oversight. Uber may appeal, but the case raises potential financial, compliance, and regulatory risks in other markets. Uber’s $966 Million Fine

Uber Technologies Price Performance

UBER stock opened at $78.98 on Friday. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The stock's fifty day simple moving average is $73.72 and its 200-day simple moving average is $73.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $161.32 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data 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. 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 quarter in the previous year, the business earned $0.60 earnings per share. 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. Equities research analysts expect that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UBER. Weiss Ratings downgraded Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, July 24th. Wolfe Research set a $100.00 price objective on Uber Technologies in a research report on Friday, May 29th. The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research note on Monday, June 29th. Wedbush started coverage on shares of Uber Technologies in a report on Thursday, July 16th. They issued an "outperform" rating and a $91.00 target price on the stock. Finally, BTIG Research reaffirmed a "buy" rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $104.25.

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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