Oxbow Advisors LLC Acquires New Shares in Uber Technologies, Inc. $UBER

Key Points

• Oxbow Advisors acquired 75,420 Uber shares during the second quarter, valued at approximately $5.44 million. Institutional investors collectively own 80.24% of Uber’s outstanding stock.
• Uber’s latest quarterly results slightly exceeded EPS expectations, with earnings of $0.81 per share and revenue of $14.19 billion, up 12.2% year over year. The company guided for third-quarter EPS of $0.84–$0.88.
• Analysts maintain a broadly positive outlook, with Uber carrying a “Moderate Buy” consensus rating and an average price target of $104.25 versus a recent price of $77.93. Growth opportunities include robotaxis and drone delivery, though Tesla’s planned Cybercab could create long-term margin pressure.

Oxbow Advisors LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 75,420 shares of the ride-sharing company's stock, valued at approximately $5,442,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cadence Bank grew its stake in shares of Uber Technologies by 1.7% in the third 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 period. Hazlett Burt & Watson Inc. raised its holdings in shares of Uber Technologies by 3.0% during 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 last quarter. KPP Advisory Services LLC lifted its position 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 valued at $278,000 after purchasing an additional 140 shares during the period. Stonebrook Private Inc. lifted its position 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 valued at $203,000 after purchasing an additional 143 shares during the period. Finally, Avion Wealth boosted its holdings in Uber Technologies by 17.3% in the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock worth $70,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Up 4.4%

Shares of Uber Technologies stock opened at $77.93 on Thursday. 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 market capitalization of $159.18 billion, a PE ratio of 17.13, a P/E/G ratio of 6.01 and a beta of 1.13. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. The company's fifty day simple moving average is $72.68 and its 200-day simple moving average is $73.32.

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

Analysts Set New Price Targets

UBER has been the subject of a number of research reports. TD Cowen reiterated a "buy" rating and set a $118.00 target price on shares of Uber Technologies in a research note on Thursday, July 16th. KeyCorp dropped their price target on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 14th. Wedbush began coverage on Uber Technologies in a report on Thursday, July 16th. They issued an "outperform" rating and a $91.00 price objective for the company. BNP Paribas Exane cut Uber Technologies to an "underweight" rating in a research report on Monday, May 11th. Finally, Wolfe Research set a $100.00 target price on Uber Technologies in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of "Moderate Buy" and an average price target of $104.25.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
• Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
• Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla's Cybercab Launch Could Reshape Margins for Uber and Lyft

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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