HS Management Partners LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 2nd quarter, Holdings Channel reports. The firm bought 220,484 shares of the ride-sharing company’s stock, valued at approximately $15,910,000. Uber Technologies comprises approximately 5.5% of HS Management Partners LLC’s portfolio, making the stock its 4th biggest holding.
A number of other large investors have also bought and sold shares of the business. Aljian Capital Management LLC acquired a new stake in Uber Technologies during the 2nd quarter valued at $1,473,000. Alpine Woods Capital Investors LLC bought a new position in Uber Technologies in the 2nd quarter valued at $3,278,000. Meeder Advisory Services Inc. acquired a new position in Uber Technologies in the second quarter worth $3,286,000. Meeder Asset Management Inc. acquired a new position in Uber Technologies in the second quarter worth $55,000. Finally, Citizens Financial Group Inc. RI bought a new stake in shares of Uber Technologies during the second quarter worth $11,838,000. 80.24% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on UBER shares. BMO Capital Markets restated an “outperform” rating on shares of Uber Technologies in a research note on Tuesday, August 4th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Truist Financial upped their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a report on Friday, May 29th. Finally, UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $104.25.
Uber Technologies Stock Up 4.4%
Shares of UBER opened at $77.93 on Thursday. The business’s fifty day moving average price is $72.68 and its two-hundred day moving average price is $73.32. The firm has a market capitalization of $159.18 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 6.01 and a beta of 1.13. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84.
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 for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $14.24 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The firm’s quarterly revenue 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, analysts predict that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.
Uber Technologies News Roundup
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
About Uber Technologies
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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