Milford Funds Ltd. Buys 46,046 Shares of Uber Technologies, Inc. $UBER

Milford Funds Ltd. grew its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 30.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 198,376 shares of the ride-sharing company's stock after acquiring an additional 46,046 shares during the quarter. Milford Funds Ltd.'s holdings in Uber Technologies were worth $14,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies in the 4th quarter worth about $25,000. Portus Wealth Advisors LLC purchased a new stake in Uber Technologies in the 1st quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $27,000. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Up 0.0%

Shares of UBER stock opened at $75.88 on Friday. 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 firm has a market cap of $154.99 billion, a P/E ratio of 16.68, a PEG ratio of 6.24 and a beta of 1.13. The company has a 50 day moving average of $72.31 and a 200-day moving average of $73.49. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. Uber Technologies'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. Sell-side analysts anticipate that Uber Technologies, Inc. will post 3.33 earnings per share for the current year.

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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UBER shares. Guggenheim restated a "buy" rating and issued a $125.00 target price on shares of Uber Technologies in a research note on Thursday, August 6th. Needham & Company LLC reiterated a "buy" rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Wedbush started coverage on Uber Technologies in a research report on Thursday, July 16th. They issued an "outperform" rating and a $91.00 price objective on the stock. BMO Capital Markets reissued an "outperform" rating on shares of Uber Technologies in a research report on Tuesday, August 4th. Finally, DA Davidson reduced their price objective on Uber Technologies from $107.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. 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 assigned a Sell rating to the company's stock. According to MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $104.25.

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.

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.

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