Whittier Trust Co. of Nevada Inc. Grows Position in Uber Technologies, Inc. $UBER

Key Points

• Whittier Trust of Nevada increased its Uber stake by 89.9% in the second quarter, bringing its holdings to 233,394 shares valued at approximately $17.35 million. Institutional investors collectively own 80.24% of Uber’s stock.
• Uber reported quarterly EPS of $0.81, narrowly beating estimates, while revenue rose 12.2% year over year to $14.19 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $104.25, well above the reported share price of $75.67.
• Autonomous-vehicle partnerships in Tokyo and London and strong gross-bookings growth support Uber’s expansion outlook, though risks include an Uber Freight cyber investigation, potential labor-cost increases and the company’s exit from Serve Robotics.

Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 89.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 233,394 shares of the ride-sharing company's stock after purchasing an additional 110,491 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Uber Technologies were worth $17,348,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UBER. Cadence Bank lifted its stake in shares of Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock worth $722,000 after buying an additional 122 shares during the period. TFR Capital LLC. grew its holdings in shares of Uber Technologies by 4.1% during the fourth quarter. TFR Capital LLC. now owns 3,449 shares of the ride-sharing company's stock valued at $282,000 after buying an additional 137 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Uber Technologies by 3.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock valued at $395,000 after acquiring an additional 139 shares during the period. Purus Wealth Management LLC increased its position in shares of Uber Technologies by 3.4% in the 4th quarter. Purus Wealth Management LLC now owns 4,206 shares of the ride-sharing company's stock valued at $344,000 after acquiring an additional 140 shares during the period. Finally, KPP Advisory Services LLC increased its position in shares of Uber Technologies by 4.3% in the 4th quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company's stock valued at $278,000 after acquiring an additional 140 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Trading Up 0.4%

Shares of Uber Technologies stock opened at $75.67 on Friday. The stock has a market cap of $154.55 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 6.19 and a beta of 1.13. The firm has a fifty day moving average price of $72.21 and a 200 day moving average price of $73.47. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year 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 posted its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating 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%. The firm's revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 3.33 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on UBER shares. Raymond James Financial raised Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research report on Monday, May 11th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a report on Monday, May 11th. Jefferies Financial Group raised their price objective on Uber Technologies from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Monday. Macquarie Infrastructure upgraded Uber Technologies to an "outperform" rating in a research note on Monday, May 11th. Finally, BNP Paribas Exane downgraded Uber Technologies to an "underweight" rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $104.25.

More Uber Technologies News

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

• Positive Sentiment: Tokyo robotaxi partnership adds a potential growth catalyst. Uber Japan will work with Hinomaru Kotsu on a late-2026 autonomous-vehicle pilot in Tokyo. The local taxi operator will manage fleet operations, maintenance, charging and vehicle uptime, giving Uber local infrastructure and regulatory expertise. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Autonomous-vehicle prospects are improving in London. Transport for London’s licensing of Wayve vehicles moves Uber closer to an autonomous-ride rollout, while reported rider interest could support adoption. Uber’s broader partnerships and platform reach may allow it to benefit from robotaxi growth without owning all of the vehicle technology. Uber's AV Ambitions in London Receive a Boost
• Positive Sentiment: Core business momentum remains strong. Second-quarter gross bookings exceeded $58 billion, representing more than 20% growth for a fourth consecutive quarter as Mobility, Delivery and Freight all advanced. Analysts and financial commentators also point to improving margins, market-share gains and record free cash flow as evidence that Uber’s valuation may not reflect its fundamentals. UBER Rides on Gross Bookings Strength
• Neutral Sentiment: Uber is exploring rides for children ages 10 to 12. The feature could increase family trip frequency and expand Uber’s addressable market, but safety, supervision and regulatory requirements could affect its rollout and profitability. UBER Explores Expanding Ride Service for Kids
• Negative Sentiment: Uber Freight is investigating a reported cyber incident. A hacking group claims it accessed internal systems and repositories. Uber says Freight operations continue normally and the incident is contained, but potential data exposure, remediation costs and reputational damage remain risks. Uber Freight Reportedly Investigating After Hacking Group Claims Data Breach
• Negative Sentiment: Uber exited its entire Serve Robotics position. The sale ends a notable delivery-robotics relationship and may signal strategic disagreements, reducing Uber’s direct exposure to autonomous delivery. Separately, a potential California driver-unionization effort could raise labor costs and challenge Uber’s contractor-based model.

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.

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