Csenge Advisory Group Invests $834,000 in Uber Technologies, Inc. $UBER

Csenge Advisory Group bought a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 11,564 shares of the ride-sharing company’s stock, valued at approximately $834,000.

Other hedge funds have also bought and sold shares of the company. AssuredPartners Investment Advisors LLC bought a new stake in Uber Technologies during the second quarter worth $462,000. Shepherd Financial Partners LLC bought a new position in Uber Technologies in the 2nd quarter valued at $219,000. Johnson Financial Group Inc. bought a new position in Uber Technologies in the 2nd quarter valued at $1,168,000. Tocqueville Asset Management L.P. purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at $46,466,000. Finally, DCF Advisers LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at $3,608,000. 80.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UBER has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Weiss Ratings downgraded shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. DA Davidson lowered their price objective on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday. Finally, Jefferies Financial Group boosted their target price on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average price target of $104.25.

Get Our Latest Stock Report on UBER

Uber Technologies Stock Up 4.4%

Shares of NYSE UBER opened at $77.93 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market capitalization of $159.18 billion, a PE ratio of 17.13, a P/E/G ratio of 6.01 and a beta of 1.13. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The business’s fifty day moving average price is $72.68 and its 200-day moving average price is $73.32.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the firm posted $0.60 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Trending Headlines about Uber Technologies

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

  • Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
  • Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
  • Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
  • Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
  • Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

Uber Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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