Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Sells 74,302 Shares of Uber Technologies, Inc. $UBER

Key Points

• Retail Employees Superannuation Trust cut its Uber stake by 45.7%, selling 74,302 shares and retaining 88,330 shares valued at approximately $6.37 million. Institutional investors overall own 80.24% of Uber’s stock.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $104.25; recent targets range from $91 to $125.
• Uber reported strong operating momentum, including more than 20% gross-bookings growth for a fourth consecutive quarter and record free cash flow, while autonomous-vehicle partnerships in Tokyo and London offer additional growth potential. However, a reported Uber Freight cyber incident and potential driver-unionization efforts present risks.

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lowered its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 45.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,330 shares of the ride-sharing company's stock after selling 74,302 shares during the period. Uber Technologies makes up approximately 1.7% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's holdings, making the stock its 25th largest holding. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's holdings in Uber Technologies were worth $6,374,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on UBER. Mizuho set a $112.00 target price on shares of Uber Technologies in a report on Thursday, August 6th. Macquarie Infrastructure upgraded shares of Uber Technologies to an "outperform" rating in a report on Monday, May 11th. Wedbush began coverage on shares of Uber Technologies in a research report on Thursday, July 16th. They set an "outperform" rating and a $91.00 price target for the company. Truist Financial raised their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a "buy" rating in a report on Thursday, May 7th. Finally, Guggenheim restated a "buy" rating and issued a $125.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.25.

Uber Technologies News Roundup

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

• Positive Sentiment: Tokyo robotaxi partnership adds a potential growth catalyst. Uber Japan will work with Hinomaru Kotsu on a late-2026 autonomous-vehicle pilot in Tokyo. The local taxi operator will manage fleet operations, maintenance, charging and vehicle uptime, giving Uber local infrastructure and regulatory expertise. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Autonomous-vehicle prospects are improving in London. Transport for London’s licensing of Wayve vehicles moves Uber closer to an autonomous-ride rollout, while reported rider interest could support adoption. Uber’s broader partnerships and platform reach may allow it to benefit from robotaxi growth without owning all of the vehicle technology. Uber's AV Ambitions in London Receive a Boost
• Positive Sentiment: Core business momentum remains strong. Second-quarter gross bookings exceeded $58 billion, representing more than 20% growth for a fourth consecutive quarter as Mobility, Delivery and Freight all advanced. Analysts and financial commentators also point to improving margins, market-share gains and record free cash flow as evidence that Uber’s valuation may not reflect its fundamentals. UBER Rides on Gross Bookings Strength
• Neutral Sentiment: Uber is exploring rides for children ages 10 to 12. The feature could increase family trip frequency and expand Uber’s addressable market, but safety, supervision and regulatory requirements could affect its rollout and profitability. UBER Explores Expanding Ride Service for Kids
• Negative Sentiment: Uber Freight is investigating a reported cyber incident. A hacking group claims it accessed internal systems and repositories. Uber says Freight operations continue normally and the incident is contained, but potential data exposure, remediation costs and reputational damage remain risks. Uber Freight Reportedly Investigating After Hacking Group Claims Data Breach
• Negative Sentiment: Uber exited its entire Serve Robotics position. The sale ends a notable delivery-robotics relationship and may signal strategic disagreements, reducing Uber’s direct exposure to autonomous delivery. Separately, a potential California driver-unionization effort could raise labor costs and challenge Uber’s contractor-based model.

Uber Technologies Price Performance

Shares of UBER stock opened at $75.67 on Friday. The stock has a market cap of $154.55 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 6.19 and a beta of 1.13. The business's fifty day moving average is $72.21 and its 200 day moving average is $73.47. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Research analysts expect that Uber Technologies, Inc. will post 3.33 EPS for the current fiscal year.

Uber Technologies Company 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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