Left Brain Wealth Management LLC cut its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 10.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,766 shares of the ride-sharing company’s stock after selling 7,944 shares during the quarter. Uber Technologies comprises about 1.5% of Left Brain Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Left Brain Wealth Management LLC’s holdings in Uber Technologies were worth $4,962,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Marshall Wace LLP lifted its stake in Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after purchasing an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board bought a new stake in Uber Technologies during the fourth quarter worth approximately $265,205,000. Finally, Southpoint Capital Advisors LP acquired a new position in Uber Technologies in the first quarter worth approximately $222,983,000. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Price Performance
UBER opened at $75.88 on Friday. The firm has a market capitalization of $154.99 billion, a P/E ratio of 16.68, a PEG ratio of 6.24 and a beta of 1.13. The stock has a fifty day moving average of $72.31 and a 200-day moving average of $73.49. 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, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research note on Monday, May 11th. Roth Capital cut their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Wells Fargo & Company reduced their target price on Uber Technologies from $100.00 to $89.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Barclays dropped their price target on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.25.
Read Our Latest Stock Analysis on UBER
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
- Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
- Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
- Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
- Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak
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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