Privium Fund Management UK Ltd bought a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 58,000 shares of the ride-sharing company’s stock, valued at approximately $4,379,000. Uber Technologies comprises approximately 1.8% of Privium Fund Management UK Ltd’s portfolio, making the stock its 16th biggest position.
Several other institutional investors have also modified their holdings of UBER. BIP Wealth LLC purchased a new position in shares of Uber Technologies during the 2nd quarter worth $1,033,000. Pacer Advisors Inc. raised its holdings in Uber Technologies by 23.7% in the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company’s stock valued at $370,641,000 after buying an additional 985,989 shares during the period. Vanguard Group Inc. lifted its position 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 buying an additional 1,670,761 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Uber Technologies by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company’s stock worth $37,025,000 after buying an additional 29,587 shares during the period. Finally, Mach 1 Financial Group LLC purchased a new position in Uber Technologies during the fourth quarter worth about $1,220,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a research report on Thursday, August 13th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Tigress Financial upped their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. One research 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 issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.
Uber Technologies Trading Down 0.4%
NYSE UBER opened at $74.71 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $152.61 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 6.24 and a beta of 1.13. The firm has a 50 day simple moving average of $72.49 and a 200-day simple moving average of $73.35. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its earnings results 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. The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. 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 EPS for the current fiscal year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Drone delivery expansion strengthens Uber Eats’ growth story. Uber is investing in and partnering with Zipline to offer autonomous drone deliveries through Uber Eats, beginning in the United States later this year. The companies are targeting one million daily deliveries by 2029, while Zipline says its service can deliver orders in five to 10 minutes. The initiative could improve delivery speed, expand Uber’s logistics network and reduce reliance on traditional couriers. Uber and Zipline partner on US drone delivery for Uber Eats
- Positive Sentiment: Uber is broadening its robotaxi network with Pony.ai. The companies plan to deploy more than 2,000 Level 4 robotaxis across Europe and the Middle East. The asset-light arrangement allows Uber to provide customer demand and its platform while relying on Pony.ai’s autonomous-driving technology, potentially positioning Uber to benefit from driverless mobility without owning the entire vehicle fleet. Uber Technologies plans more than 2,000 robotaxis
- Positive Sentiment: Analyst and media commentary remains bullish. Jim Cramer called Uber a strong long-term stock and said he is a buyer. Separately, coverage of Pershing Square’s investment activity highlighted Uber’s operating strength and continued investor interest in the company. Jim Cramer backs Uber
- Neutral Sentiment: Management is emphasizing AI-driven efficiency. Uber’s chief operating officer said artificial intelligence could augment or replace some roles, potentially improving productivity over time. However, the comments do not provide a specific financial forecast and could also raise questions about implementation and workforce impacts. Uber COO discusses future staffing
- Negative Sentiment: Uber’s exit from Serve Robotics underscores partnership risk. Serve has moved to a Grubhub relationship after Uber sold its stake and the companies’ agreement expired. The development suggests Uber’s autonomous-delivery strategy may involve shifting partners and could temporarily limit the benefits from sidewalk delivery robots. Uber sells Serve Robotics stake
- Negative Sentiment: Autonomous competition could pressure ride-hailing economics. Tesla’s planned Cybercab rollout highlights the long-term risk that vertically integrated robotaxi fleets could offer lower-cost rides, pressuring Uber’s take rates and margins. Uber’s platform partnerships may help it participate in the autonomous market, but regulatory delays, utilization levels and competition remain significant uncertainties.
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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