Uber Technologies, Inc. $UBER Stake Lifted by Bulltick Wealth Management LLC

Key Points

• Bulltick Wealth Management increased its Uber stake by 132.9% in the second quarter to 86,796 shares valued at $6.26 million. Institutional investors collectively own 80.24% of the company.
• Analysts maintain a broadly positive view, with Uber receiving a “Moderate Buy” consensus rating and an average price target of $104.25, despite several recent target reductions.
• Uber slightly exceeded quarterly EPS expectations, reporting $0.81 versus $0.80 consensus, while revenue reached $14.19 billion and rose 12.2% year over year. The company is also expanding robotaxi partnerships in Europe and preparing a Tokyo pilot, though cybersecurity concerns at Uber Freight remain a risk.

Bulltick Wealth Management LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 132.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,796 shares of the ride-sharing company's stock after buying an additional 49,529 shares during the period. Uber Technologies accounts for approximately 1.3% of Bulltick Wealth Management LLC's investment portfolio, making the stock its 24th largest holding. Bulltick Wealth Management LLC's holdings in Uber Technologies were worth $6,263,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its stake in shares of Uber Technologies by 23.7% in the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock worth $370,641,000 after acquiring an additional 985,989 shares during the period. Vanguard Group Inc. increased its stake in shares of 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 valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Uber Technologies by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after acquiring an additional 29,587 shares during the period. Mach 1 Financial Group LLC bought a new stake in Uber Technologies during the fourth quarter worth approximately $1,220,000. Finally, Weiss Asset Management LP raised its holdings in Uber Technologies by 465.5% during the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock worth $4,497,000 after purchasing an additional 51,465 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on UBER shares. Barclays decreased their price target on Uber Technologies from $107.00 to $106.00 and set an "overweight" rating for the company in a research note on Thursday, August 6th. Citizens Jmp reissued a "market outperform" rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. Wells Fargo & Company cut their price objective on Uber Technologies from $100.00 to $89.00 and set an "overweight" rating for the company in a report on Thursday, August 6th. BTIG Research reaffirmed a "buy" rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, July 14th. Finally, Sanford C. Bernstein lowered their target price on Uber Technologies from $110.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, August 6th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $104.25.

Uber Technologies Trading Up 0.0%

Uber Technologies stock opened at $75.88 on Friday. The firm has a market cap of $154.99 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The firm's 50 day moving average price is $72.31 and its two-hundred day moving average price is $73.49. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion during 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 company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts predict that Uber Technologies, Inc. will post 3.33 EPS for the current fiscal year.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China's Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
• Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
• Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
• Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak

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.

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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