Uber Technologies, Inc. $UBER Stake Decreased by Royal London Asset Management Ltd.

Key Points

• Royal London Asset Management reduced its Uber stake by 1.6% in the second quarter, selling 16,239 shares and retaining 1,004,725 shares valued at approximately $72.5 million. Institutional investors collectively own 80.24% of Uber.
• Uber reported quarterly EPS of $0.81, slightly above analyst expectations, while revenue reached $14.19 billion and grew 12.2% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $104.25.
• Uber’s growth opportunities include AI efficiency, robotaxi partnerships and the proposed Delivery Hero acquisition, but the company faces execution and regulatory risks, including an $966 million Dutch fine over automated driver suspensions.

Royal London Asset Management Ltd. lowered its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 1.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,004,725 shares of the ride-sharing company's stock after selling 16,239 shares during the period. Royal London Asset Management Ltd.'s holdings in Uber Technologies were worth $72,501,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the fourth quarter valued at about $25,000. Osbon Capital Management LLC acquired a new position in Uber Technologies during the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new stake in Uber Technologies in the first quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Stock Performance

Shares of UBER opened at $78.98 on Friday. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The company has a 50-day moving average of $73.72 and a two-hundred day moving average of $73.43. The stock has a market cap of $161.32 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 6.20 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 released its quarterly earnings results 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 business 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 firm's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 earnings per share. 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 year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on UBER shares. Piper Sandler reaffirmed an "overweight" rating on shares of Uber Technologies in a research note on Thursday, August 13th. Needham & Company LLC restated a "buy" rating and set a $109.00 target price on shares of Uber Technologies in a report on Thursday, August 6th. Wolfe Research set a $100.00 price target on Uber Technologies in a report on Friday, May 29th. Weiss Ratings downgraded Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, July 24th. Finally, Evercore reissued an "outperform" rating and set a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company 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: AI efficiency is improving. Uber said weekly use of its AI agents has increased 9.4 times while spending has stabilized, suggesting the company is expanding automation without a proportional increase in technology costs. This could support operating leverage and customer-service improvements. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Analyst support and robotaxi permits provide a catalyst. Citizens reiterated an Outperform rating on Uber and a $100 price target after regulators permitted Uber subsidiary Aviary Services, Tesla, and Waymo to operate robotaxi services. Separately, Uber is adding Baidu’s Apollo Go driverless rides to its platform in Dubai, strengthening its potential role as a marketplace for autonomous transportation. Tesla and Uber Won Robotaxi Permits
• Positive Sentiment: Delivery and logistics expansion continues. Uber formally launched its voluntary offer to acquire Delivery Hero for €41.50 per share, with acceptance running through November 5. The deal could expand Uber Eats’ international scale and network, while demand from Uber’s food-delivery platform is also supporting Serve Robotics’ delivery-robot business. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Neutral Sentiment: Bullish long-term arguments remain intact, but valuation and execution matter. Supporters point to Uber’s large user base, network effects, and ability to integrate autonomous vehicles. However, the Delivery Hero transaction brings integration, financing, and competitive risks, while Delivery Hero recently reported a €392 million first-half net loss despite stronger revenue and raised guidance. Uber Stock Is 20% Off Its All-Time High
• Negative Sentiment: A major regulatory fine is the clearest overhang. Dutch regulators fined Uber €825 million, or approximately $966 million, over automated driver suspensions and deactivations that allegedly lacked adequate explanations and meaningful human oversight. Uber may appeal, but the case raises potential financial, compliance, and regulatory risks in other markets. Uber’s $966 Million Fine

Uber Technologies 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.

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.

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