Uber Technologies, Inc. $UBER Stock Holdings Reduced by BNP Paribas

Key Points

• BNP Paribas cut its Uber stake by 21.8% in the second quarter, selling 47,747 shares and retaining 171,446 shares valued at approximately $12.5 million.
• Other major institutions increased or initiated positions, including Capital Research, Geode Capital, Norges Bank and the Public Investment Fund; institutional investors collectively own 80.24% of Uber.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $104.25. Uber’s latest quarter slightly beat EPS expectations, though revenue fell just short of forecasts.

BNP Paribas decreased its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 21.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,446 shares of the ride-sharing company's stock after selling 47,747 shares during the quarter. BNP Paribas' holdings in Uber Technologies were worth $12,464,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Capital Research Global Investors boosted its stake in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock valued at $9,270,561,000 after buying an additional 2,903,021 shares in the last quarter. Public Investment Fund acquired a new position in Uber Technologies in the second quarter valued at about $5,256,173,439. Geode Capital Management LLC raised its holdings in shares of Uber Technologies by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank bought a new stake in shares of Uber Technologies in the 4th quarter valued at about $2,515,094,000. Finally, Northern Trust Corp grew its position in shares of Uber Technologies by 1.5% in the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UBER. Mizuho set a $112.00 price objective on shares of Uber Technologies in a research note on Thursday, August 6th. BNP Paribas Exane cut Uber Technologies to an "underweight" rating in a research report on Monday, May 11th. Fox Advisors raised Uber Technologies from a "hold" rating to an "outperform" rating in a research note on Monday, May 11th. Tigress Financial increased their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, June 12th. Finally, The Goldman Sachs Group set a $100.00 target price on shares of Uber Technologies in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and an average price target of $104.25.

Uber Technologies Trading Up 2.6%

UBER opened at $78.98 on Friday. 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, Inc. has a one year low of $65.41 and a one year high of $101.99. The business's 50-day simple moving average is $73.72 and its 200-day simple moving average is $73.43. The company has a market cap of $161.32 billion, a P/E ratio of 17.36, a PEG ratio of 6.20 and a beta of 1.13.

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, topping 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 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 firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

More Uber Technologies News

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 Company 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.

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