Uber Technologies, Inc. $UBER Position Decreased by Groupe la Francaise

Key Points

• Groupe la Française reduced its Uber stake by 4.8% in the second quarter, selling 20,695 shares and retaining 408,834 shares valued at approximately $29.5 million. Institutional investors collectively own 80.24% of Uber.
• Uber reported quarterly EPS of $0.81, slightly above estimates, while revenue rose 12.2% year over year to $14.19 billion. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $104.49.
• Autonomous-vehicle expansion and cost reductions are key catalysts, but execution, regulation, competition and planned layoffs of roughly 3,300 employees remain important risks.

Groupe la Francaise lowered its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408,834 shares of the ride-sharing company's stock after selling 20,695 shares during the period. Groupe la Francaise's holdings in Uber Technologies were worth $29,462,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in UBER. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Uber Technologies during the second quarter worth approximately $18,809,000. California State Teachers Retirement System lifted its position in shares of Uber Technologies by 6,342.7% during the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company's stock valued at $14,395,651,000 after acquiring an additional 196,399,787 shares during the last quarter. Greenland Capital Management LP lifted its position in shares of Uber Technologies by 420.5% during the 2nd quarter. Greenland Capital Management LP now owns 7,750 shares of the ride-sharing company's stock valued at $559,000 after acquiring an additional 6,261 shares during the last quarter. Alan B Lancz & Associates Inc. boosted its stake in shares of Uber Technologies by 19.8% during the 2nd quarter. Alan B Lancz & Associates Inc. now owns 11,500 shares of the ride-sharing company's stock worth $830,000 after acquiring an additional 1,900 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in shares of Uber Technologies by 59.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 10,440 shares of the ride-sharing company's stock worth $753,000 after acquiring an additional 3,886 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi rollout strengthens Uber’s long-term growth narrative. Uber and Wayve launched supervised autonomous rides in London using electric Ford Mustang Mach-E vehicles. The partnership allows Uber to commercialize self-driving technology without developing or manufacturing its own vehicles, potentially supporting higher margins with less capital investment. Uber and AI-firm Wayve launch London's first robotaxis
• Positive Sentiment: Analyst support and earnings momentum are helping sentiment. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. Articles also note that shares are up 7.8% since the most recent earnings report, when Uber narrowly exceeded its quarterly EPS estimate and delivered double-digit revenue growth. Why Is Uber Up 7.8% Since Last Earnings Report?
• Positive Sentiment: Cost savings could improve profitability. Uber plans to eliminate management layers and streamline teams, which could reduce expenses and redirect resources toward artificial intelligence, autonomous rides and platform expansion. The market initially viewed the restructuring as a potential efficiency improvement rather than solely as a sign of weakness. Uber to Cut 10% of Jobs
• Neutral Sentiment: Execution and regulatory factors remain important. London rides are initially supervised, so Uber must demonstrate safety, consumer adoption and regulatory progress before autonomous services can scale meaningfully. Uber’s asset-light approach also leaves much of the technology development to partners such as Wayve.
• Negative Sentiment: The restructuring highlights disruption and competitive pressure. The planned reduction of roughly 3,300 employees, or about 10% of the workforce, is Uber’s largest round of cuts since the pandemic. Investment in robotaxis could also require substantial spending before producing material financial benefits, while Walmart’s expansion of restaurant delivery adds competition in Uber Eats. Uber to Lay Off 3,300 Employees

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UBER. Guggenheim reiterated a "buy" rating on shares of Uber Technologies in a research report on Thursday. Benchmark reaffirmed a "hold" rating on shares of Uber Technologies in a research note on Monday, July 20th. Cantor Fitzgerald decreased their target price on shares of Uber Technologies from $98.00 to $90.00 and set an "overweight" rating for the company in a report on Thursday, August 6th. Tigress Financial boosted their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the company a "buy" rating in a report on Friday, June 12th. Finally, Wells Fargo & Company restated an "overweight" rating on shares of Uber Technologies in a research report on Wednesday. Two research analysts have 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 stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $104.49.

Uber Technologies Price Performance

Shares of UBER opened at $75.75 on Monday. The business's 50-day moving average is $74.04 and its 200-day moving average is $73.60. 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 company has a market capitalization of $154.72 billion, a price-to-earnings ratio of 16.65, a P/E/G ratio of 6.00 and a beta of 1.16. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to analysts' expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 3.45 EPS 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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