Cacti Asset Management LLC Buys 31,235 Shares of Uber Technologies, Inc. $UBER

Cacti Asset Management LLC grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 14.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 240,684 shares of the ride-sharing company’s stock after acquiring an additional 31,235 shares during the quarter. Uber Technologies comprises about 0.9% of Cacti Asset Management LLC’s portfolio, making the stock its 23rd biggest position. Cacti Asset Management LLC’s holdings in Uber Technologies were worth $17,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Osbon Capital Management LLC bought a new stake in Uber Technologies during the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies in the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in Uber Technologies in the first quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the third quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the fourth quarter valued at about $27,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Investor and social-media commentary is increasingly optimistic ahead of earnings, with expectations for a possible revenue and earnings beat, stronger guidance, continued free-cash-flow generation, and additional share buybacks. Uber’s first-quarter revenue rose 14.5% year over year to $13.2 billion, while earnings exceeded estimates. Uber Stock Opinions on Upcoming Earnings Report
• Positive Sentiment: Analysts remain broadly bullish, citing strong execution, potential autonomous-vehicle upside, and Uber’s planned Delivery Hero acquisition as catalysts. Recent ratings include “Buy” and “Overweight” recommendations, with a reported median price target of $108 versus the current price level. Mark Mahaney Reaffirms Uber Buy Rating
• Positive Sentiment: Fundsmith’s investment commentary highlighted Uber as an attractive long-term holding, while other coverage points to artificial intelligence, logistics expansion, and autonomous technology as potential sources of significant future growth. Compelling Reasons to Own Uber
• Neutral Sentiment: Broader market conditions were supportive as U.S. equities rose and oil prices declined amid optimism over Iran-related diplomacy. Lower fuel costs could modestly benefit drivers and transportation demand, although the effect on Uber’s results is indirect. Dow Hits Record High as Oil Prices Slide
• Negative Sentiment: Massachusetts’ sectoral-bargaining rules for ride-share workers could increase labor costs, reduce operating flexibility, and create a regulatory precedent for Uber. Unions Are Coming for Your Uber Driver
• Negative Sentiment: A wrongful-death lawsuit connected to an Uber Eats delivery adds legal and reputational risk, though the financial impact is not yet clear. Uber Faces Wrongful Death Lawsuit

Uber Technologies Trading Up 1.8%

NYSE UBER opened at $71.62 on Tuesday. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The company has a fifty day simple moving average of $71.79 and a two-hundred day simple moving average of $74.03. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $145.79 billion, a P/E ratio of 17.86, a P/E/G ratio of 6.43 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the previous year, the company earned $0.83 earnings per share. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts forecast that Uber Technologies, Inc. will post 2.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UBER shares. Tigress Financial lifted their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. JPMorgan Chase & Co. raised their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Finally, KeyCorp cut their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.60.

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.