Sciencast Management LP bought a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor bought 24,151 shares of the ride-sharing company’s stock, valued at approximately $1,743,000.
A number of other institutional investors have also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter worth $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter worth $25,000. Osbon Capital Management LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth $25,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Analyst Ratings Changes
UBER has been the subject of a number of analyst reports. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. Jefferies Financial Group boosted their price objective on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a report on Monday. TD Cowen reiterated a “buy” rating and issued a $118.00 price objective on shares of Uber Technologies in a report on Thursday, July 16th. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 24th. Finally, Tigress Financial boosted their target price on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $104.25.
Uber Technologies Price Performance
UBER stock opened at $75.67 on Friday. The business has a 50 day moving average price of $72.21 and a 200 day moving average price of $73.47. The stock has a market cap of $154.55 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 6.19 and a beta of 1.13. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The firm 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 firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.33 earnings per share for the current fiscal year.
Uber Technologies News Roundup
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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