OMERS ADMINISTRATION Corp Invests $11.66 Million in Uber Technologies, Inc. $UBER

OMERS ADMINISTRATION Corp acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 161,659 shares of the ride-sharing company's stock, valued at approximately $11,665,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cadence Bank lifted its holdings in shares of Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock worth $722,000 after acquiring an additional 122 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in Uber Technologies by 3.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock valued at $395,000 after purchasing an additional 139 shares during the period. KPP Advisory Services LLC lifted its stake in Uber Technologies by 4.3% during the fourth quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company's stock worth $278,000 after purchasing an additional 140 shares in the last quarter. Stonebrook Private Inc. lifted its stake in Uber Technologies by 6.1% during the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company's stock worth $203,000 after purchasing an additional 143 shares in the last quarter. Finally, Avion Wealth boosted its position in shares of Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock worth $70,000 after buying an additional 145 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 0.6%

NYSE UBER opened at $79.27 on Tuesday. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The firm has a 50 day moving average of $73.19 and a two-hundred day moving average of $73.31. 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 $161.92 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to analysts' expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Sanford C. Bernstein cut their price objective on Uber Technologies from $110.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, August 6th. Cantor Fitzgerald cut their price target on shares of Uber Technologies from $98.00 to $90.00 and set an "overweight" rating on the stock in a research note on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. TD Cowen reissued a "buy" rating and issued a $118.00 price objective on shares of Uber Technologies in a research note on Thursday, July 16th. Finally, Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $104.25.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion in Dubai: Fully driverless Baidu Apollo Go vehicles have begun operating in Dubai under Uber’s multi-year strategic partnership. The launch strengthens Uber’s autonomous-vehicle strategy and could eventually improve service availability and long-term margins. Uber's Robotaxi Push Gains Pace in Dubai: Baidu's Vehicles Debut
• Positive Sentiment: PGA TOUR partnership: Uber became the PGA TOUR’s official rideshare sponsor, while Uber Eats was named its official on-demand food-delivery sponsor. The agreement provides brand visibility and potential demand from events and fans. PGA TOUR taps Uber as official sponsor
• Positive Sentiment: India road-trip partnership: Zoomcar users can now compare and book Uber Intercity chauffeur-driven rides alongside self-drive rentals. The arrangement may expand Uber’s travel-related customer acquisition and booking opportunities in India. Zoomcar and Uber partner to give travelers more ways to plan road trips
• Neutral Sentiment: Analyst and institutional support: Uber retains a broadly favorable analyst view, with a reported median price target of $109.50. Bill Ackman’s Pershing Square also accumulated a large Uber position in the second quarter, though institutional ownership changes were mixed.
• Negative Sentiment: €824.99 million Dutch GDPR fine: The Dutch data-protection regulator said Uber used automated systems to suspend or permanently deactivate drivers based on conduct and customer-feedback data. The penalty—reported at roughly $966 million—could pressure earnings, raise compliance costs, and increase regulatory scrutiny across Europe. Dutch regulator fines Uber €824.99m

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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