Sarasin & Partners LLP Has $147.32 Million Holdings in Uber Technologies, Inc. $UBER

Key Points

• Sarasin & Partners increased its Uber stake by 3.9% to 2.04 million shares valued at approximately $147.3 million, representing 1.7% of its portfolio. Institutional investors collectively own 80.24% of Uber’s stock.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $104.23, despite several firms recently lowering their targets.
• Uber slightly exceeded quarterly EPS expectations, but revenue narrowly missed estimates and third-quarter EPS guidance came in below consensus. Strong bookings and autonomous-vehicle developments support long-term growth, while foreign-exchange pressure, Brazil competition, robotaxi investment costs and unprofitable Uber Freight pose risks.

Sarasin & Partners LLP increased its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,041,558 shares of the ride-sharing company's stock after purchasing an additional 77,136 shares during the quarter. Uber Technologies accounts for approximately 1.7% of Sarasin & Partners LLP's investment portfolio, making the stock its 20th largest position. Sarasin & Partners LLP owned 0.10% of Uber Technologies worth $147,319,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UBER. Vanguard Group Inc. lifted its stake in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock worth $9,270,561,000 after buying an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock worth $3,906,083,000 after buying an additional 1,602,596 shares in the last quarter. Norges Bank bought a new stake in shares of Uber Technologies during the 4th quarter worth $2,515,094,000. Finally, Northern Trust Corp boosted its stake in Uber Technologies by 1.5% in the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock valued at $1,911,301,000 after buying an additional 297,132 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on UBER shares. Tigress Financial upped their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, June 12th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research report on Monday, June 29th. Sanford C. Bernstein decreased their price target on shares of Uber Technologies from $110.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday. Finally, KeyCorp cut their price target on shares of Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.23.

Uber Technologies Price Performance

UBER stock opened at $70.51 on Friday. The company has a quick ratio of 1.07, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The firm has a market cap of $143.53 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 6.23 and a beta of 1.13. The company's fifty day simple moving average is $71.77 and its 200 day simple moving average is $73.72. 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 announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion for 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 revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.99 earnings per share for the current year.

Uber Technologies News Roundup

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

• Positive Sentiment: Core business growth remains robust. Second-quarter gross bookings rose 24% year over year, trips increased 18% to 3.9 billion, and monthly active platform consumers climbed 16% to 208 million. Adjusted EBITDA reached approximately $2.8 billion, while operating cash flow was $2.9 billion and trailing free cash flow exceeded $10 billion. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Autonomous-vehicle progress supports the long-term story. Uber and Wayve received London licenses for supervised robotaxi rides, while partnerships with Rivian and other autonomous-vehicle developers could expand Uber’s future network without requiring it to own every vehicle. Some investors, including Bill Ackman and Gary Black, argue Uber is well positioned to aggregate robotaxi demand. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: Analyst and trading signals remain supportive. Guggenheim, Needham, and William Blair maintained bullish ratings, while elevated call-option activity indicated increased speculative interest. Bank of America and Bernstein lowered their price targets but retained Buy or Outperform-equivalent ratings, suggesting valuation—not a deteriorating business—is the primary concern. Uber price target lowered by Bank of America
• Neutral Sentiment: Quarterly results were mixed. Uber reported adjusted EPS of $0.81, slightly above consensus, and revenue of $14.19 billion, up 12.2% year over year but narrowly below estimates. GAAP EPS benefited from investment revaluations, making underlying operating results more important to investors.
• Negative Sentiment: Near-term guidance disappointed. Third-quarter adjusted EPS guidance of $0.84–$0.88 was below the roughly $0.89 consensus, while foreign-exchange pressure and competition in Brazil could restrain bookings growth. The outlook initially triggered selling despite strong bookings. Uber issues weaker-than-expected third-quarter forecasts
• Negative Sentiment: Robotaxi investment and Uber Freight remain risks. Uber plans to invest more than $10 billion in autonomous vehicles, raising concerns that the asset-light model could become more capital intensive. Separately, Uber Freight remains unprofitable despite a significant revenue increase. Uber Freight still unprofitable after big revenue jump

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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