Sarasin & Partners LLP boosted its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 3.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,041,558 shares of the ride-sharing company’s stock after buying an additional 77,136 shares during the period. Uber Technologies makes up approximately 1.7% of Sarasin & Partners LLP’s portfolio, making the stock its 20th biggest position. Sarasin & Partners LLP’s holdings in Uber Technologies were worth $147,319,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Uber Technologies by 0.9% in 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. Capital Research Global Investors lifted its holdings in shares of 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 worth $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Norges Bank acquired a new stake in Uber Technologies in the 4th quarter valued at $2,515,094,000. Finally, Northern Trust Corp increased its stake in Uber Technologies by 1.5% during the 3rd 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 in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on UBER. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Sanford C. Bernstein lowered their price objective on Uber Technologies from $110.00 to $95.00 and set an “outperform” rating for the company in a research note on Thursday. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, July 14th. US Capital Advisors set a $95.00 price target on Uber Technologies in a research report on Monday, May 11th. Finally, KeyCorp reduced their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.23.
Uber Technologies Stock Performance
NYSE UBER opened at $70.51 on Friday. The company has a market capitalization of $143.53 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 6.23 and a beta of 1.13. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.07 and a current ratio of 0.84. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a 50-day simple moving average of $71.77 and a 200 day simple moving average of $73.72.
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, topping analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. Uber Technologies’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 2.99 EPS for the current year.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Core business growth remains robust. Second-quarter gross bookings rose 24% year over year, trips increased 18% to 3.9 billion, and monthly active platform consumers climbed 16% to 208 million. Adjusted EBITDA reached approximately $2.8 billion, while operating cash flow was $2.9 billion and trailing free cash flow exceeded $10 billion. Uber Announces Results for Second Quarter 2026
- Positive Sentiment: Autonomous-vehicle progress supports the long-term story. Uber and Wayve received London licenses for supervised robotaxi rides, while partnerships with Rivian and other autonomous-vehicle developers could expand Uber’s future network without requiring it to own every vehicle. Some investors, including Bill Ackman and Gary Black, argue Uber is well positioned to aggregate robotaxi demand. Wayve and Uber Move a Step Closer to Autonomous Rides in London
- Positive Sentiment: Analyst and trading signals remain supportive. Guggenheim, Needham, and William Blair maintained bullish ratings, while elevated call-option activity indicated increased speculative interest. Bank of America and Bernstein lowered their price targets but retained Buy or Outperform-equivalent ratings, suggesting valuation—not a deteriorating business—is the primary concern. Uber price target lowered by Bank of America
- Neutral Sentiment: Quarterly results were mixed. Uber reported adjusted EPS of $0.81, slightly above consensus, and revenue of $14.19 billion, up 12.2% year over year but narrowly below estimates. GAAP EPS benefited from investment revaluations, making underlying operating results more important to investors.
- Negative Sentiment: Near-term guidance disappointed. Third-quarter adjusted EPS guidance of $0.84–$0.88 was below the roughly $0.89 consensus, while foreign-exchange pressure and competition in Brazil could restrain bookings growth. The outlook initially triggered selling despite strong bookings. Uber issues weaker-than-expected third-quarter forecasts
- Negative Sentiment: Robotaxi investment and Uber Freight remain risks. Uber plans to invest more than $10 billion in autonomous vehicles, raising concerns that the asset-light model could become more capital intensive. Separately, Uber Freight remains unprofitable despite a significant revenue increase. Uber Freight still unprofitable after big revenue jump
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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