Annex Advisory Services LLC decreased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 2.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 525,251 shares of the ride-sharing company’s stock after selling 11,214 shares during the quarter. Annex Advisory Services LLC’s holdings in Uber Technologies were worth $37,902,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in UBER. Cadence Bank boosted its holdings in 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 purchasing an additional 122 shares during the last quarter. Avion Wealth increased its stake in Uber Technologies by 17.5% in the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock valued at $68,000 after buying an additional 125 shares during the last quarter. TFR Capital LLC. increased its stake in Uber Technologies by 4.1% in the 4th 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. boosted its stake 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 worth $395,000 after buying an additional 139 shares during the last quarter. Finally, Purus Wealth Management LLC grew its holdings in shares of Uber Technologies by 3.4% in the fourth 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 in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Bank of America decreased their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. Tigress Financial upped their price objective on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Finally, Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.25.
Uber Technologies Price Performance
Uber Technologies stock opened at $78.46 on Wednesday. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The business’s 50 day simple moving average is $72.07 and its 200 day simple moving average is $73.57. The company has a market cap of $160.27 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 6.91 and a beta of 1.13.
Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The business 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 business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the business posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts forecast that Uber Technologies, Inc. will post 3.08 EPS for the current year.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Jefferies added Uber to its “Franchise Picks” list and raised its price target to $110 from $100, citing strong earnings, investor meetings and an increasingly favorable outlook for the ride-hailing and delivery businesses. Jefferies adds Uber to Franchise Picks
- Positive Sentiment: Recent quarterly results showed adjusted earnings of $0.81 per share, slightly ahead of expectations, while revenue increased 12.2% year over year to $14.19 billion. Uber also issued third-quarter EPS guidance of $0.84-$0.88, and analysts continue to point to bookings growth across Mobility and Delivery. Uber Q2 earnings analysis
- Positive Sentiment: Uber Eats expanded its retail reach through a direct point-of-sale integration with National Retail Solutions, allowing tens of thousands of independent U.S. and Canadian retailers to offer delivery with real-time inventory and automated order management. The agreement could support incremental delivery volume and merchant adoption. Uber Eats and NRS integration
- Positive Sentiment: From a technical perspective, UBER recently moved above its 200-day moving average, a signal some investors interpret as evidence of improving long-term momentum. Uber crosses 200-day moving average
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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