Uber Technologies, Inc. $UBER Shares Sold by Nan Shan Life Insurance Co. Ltd.

Key Points

• Nan Shan Life Insurance reduced its Uber stake by 7.6% in the second quarter, selling 26,000 shares and retaining 315,325 shares valued at approximately $22.75 million. Institutional investors collectively own 80.24% of Uber’s stock.
• Uber reported quarterly adjusted EPS of $0.81, slightly exceeding estimates, while revenue reached $14.19 billion, up 12.2% year over year but just below expectations. The company guided for third-quarter EPS of $0.84–$0.88.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $104.14. Investors are focused on Uber’s robotaxi partnerships and growth potential, alongside labor, regulatory and driver-cost pressures.

Nan Shan Life Insurance Co. Ltd. cut its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 7.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 315,325 shares of the ride-sharing company's stock after selling 26,000 shares during the period. Nan Shan Life Insurance Co. Ltd.'s holdings in Uber Technologies were worth $22,754,000 at the end of the most recent reporting period.

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

Uber Technologies Stock Down 0.6%

Shares of Uber Technologies stock opened at $75.16 on Wednesday. The firm has a market cap of $153.52 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 6.09 and a beta of 1.16. The stock has a 50-day simple moving average of $73.91 and a 200-day simple moving average of $73.47. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. 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 announced 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 company 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%. Uber Technologies's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Key Uber Technologies News

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

• Positive Sentiment: Rosenblatt initiates Buy rating: Rosenblatt Securities began coverage with a $100 price target, implying substantial upside from recent levels. The firm views Uber as a durable, compounding platform with strong core mobility growth and a long runway before autonomous vehicles materially disrupt its business. Rosenblatt analyst rating
• Positive Sentiment: Autonomous-vehicle opportunity expands: Uber’s robotaxi strategy is gaining attention following its Dubai launch and collaboration with autonomous-vehicle partners. Avride reportedly has dozens of driverless Uber vehicles operating, reinforcing the possibility that Uber can serve as a marketplace and distribution platform for robotaxis rather than be displaced by them. Uber Dubai robotaxi analysis
• Positive Sentiment: Congressional buying and legal resolution: Representative Ro Khanna’s disclosures show multiple Uber purchases during June and July, a modest positive sentiment signal. Separately, Uber reportedly defeated litigation claims brought by Simon & Simon, potentially removing an overhang from that dispute. Congressional Uber purchases
• Neutral Sentiment: Analysts remain optimistic despite sector lag: Uber has underperformed the broader technology sector over the past year, but sell-side sentiment remains strongly positive. The company’s latest quarter showed 12% year-over-year revenue growth and slightly better-than-expected adjusted EPS, while third-quarter guidance remains an important test for renewed momentum. Uber sector performance analysis
• Negative Sentiment: Driver and labor-cost pressure: Atlanta rideshare drivers are asking officials to impose a fee of up to $1 on robotaxi rides to protect human-driver earnings as Waymo expands. In British Columbia, more than 1,000 Uber drivers have joined a union. These developments could increase regulatory, compensation and operating-cost risks for Uber. Atlanta rideshare driver concerns

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UBER shares. US Capital Advisors set a $95.00 target price on Uber Technologies in a research report on Monday, May 11th. Sanford C. Bernstein cut their price objective on Uber Technologies from $110.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, August 6th. 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. Bank of America cut their price target on shares of Uber Technologies from $104.00 to $103.00 and set a "buy" rating on the stock in a report on Tuesday, July 28th. Finally, Roth Capital cut their target price on shares of Uber Technologies from $105.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.14.

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.

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source