Stonehage Fleming Financial Services Holdings Ltd Invests $2.66 Million in Uber Technologies, Inc. $UBER

Stonehage Fleming Financial Services Holdings Ltd bought a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 36,830 shares of the ride-sharing company's stock, valued at approximately $2,658,000.

Other hedge funds have also modified their holdings of the company. Redwood Investment Management LLC purchased a new stake in shares of Uber Technologies during the second quarter valued at $1,165,000. Proficio Capital Partners LLC acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $7,122,000. Pure Financial Advisors LLC purchased a new position in Uber Technologies in the 2nd quarter worth about $950,000. Transamerica Financial Advisors LLC purchased a new position in Uber Technologies in the 2nd quarter worth about $3,393,000. Finally, Corient Private Wealth LP acquired a new stake in Uber Technologies during the 2nd quarter worth about $97,183,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on UBER. JPMorgan Chase & Co. raised their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Thursday, May 7th. Susquehanna cut their price target on shares of Uber Technologies from $110.00 to $90.00 and set a "positive" rating on the stock in a report on Thursday, August 6th. Jefferies Financial Group upped their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Raymond James Financial raised shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $104.25.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber said it has stabilized AI-related spending even as weekly AI-agent usage has surged roughly 9.4 times. Improved infrastructure and model-cost efficiency could allow the company to expand AI features without proportionally increasing expenses. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Uber launched a formal €41.50-per-share cash offer for Delivery Hero after receiving approval from Germany’s BaFin. The transaction could expand Uber’s international delivery footprint and scale its marketplace. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Positive Sentiment: Uber continues to build its autonomous-vehicle ecosystem through partnerships, including Baidu’s fully driverless Apollo Go rides in Dubai through the Uber app and a planned expansion with Pony.ai in Europe. These agreements could help Uber benefit from autonomous transportation without bearing all vehicle-development costs. Baidu Takes Apollo Go Driverless Rides Overseas With Dubai Launch
• Positive Sentiment: Citizens JMP assigned Uber a market-outperform rating, adding supportive analyst sentiment. Uber Earns Market Outperform Rating
• Neutral Sentiment: Delivery Hero reported mixed first-half results: revenue exceeded expectations and 2026 guidance was raised, but the company posted a €392 million net loss. Its competitive challenges could affect the acquisition’s eventual returns. Delivery Hero H1 Earnings Show Mixed Results
• Negative Sentiment: The takeover introduces execution, integration and capital-allocation risks, particularly as Delivery Hero faces “brutal” competition in several markets. Investors may be cautious until the offer’s costs and strategic benefits become clearer. Delivery Hero Relies on Subscriptions as Uber Takeover Approaches
• Negative Sentiment: Recent trading coverage points to lingering technical weakness after Uber’s pullback from its record high. Longer-term concerns that autonomous vehicles could disrupt Uber’s traditional ride-hailing model remain an overhang despite the company’s partnerships. Uber Stock Is Trading Lower Today

Uber Technologies Stock Performance

Shares of UBER stock opened at $76.81 on Friday. The stock's 50-day moving average is $73.58 and its two-hundred day moving average is $73.39. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The firm has a market cap of $156.90 billion, a P/E ratio of 16.88, a PEG ratio of 6.32 and a beta of 1.13. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm 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 company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Analysts predict that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

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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