Rakuten Investment Management Inc. purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 318,366 shares of the ride-sharing company's stock, valued at approximately $24,037,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Osbon Capital Management LLC purchased a new position in Uber Technologies during the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Uber Technologies during the first quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the third quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 80.24% of the company's stock.
Analyst Upgrades and Downgrades
UBER has been the topic of a number of research reports. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued an "outperform" rating on the stock. Raymond James Financial upgraded Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. BTIG Research restated a "buy" rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, July 14th. Tigress Financial raised their target price on Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, June 12th. Finally, US Capital Advisors set a $95.00 price target on Uber Technologies in a research note 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 assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $104.25.
Read Our Latest Analysis on Uber Technologies
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 Stock Up 2.6%
Shares of NYSE UBER opened at $78.98 on Friday. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The stock has a market cap of $161.32 billion, a PE ratio of 17.36, a P/E/G ratio of 6.20 and a beta of 1.13. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average of $73.72 and a 200 day moving average of $73.43.
Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business's revenue was up 12.2% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.
About Uber Technologies
(
Free Report)
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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