Pictet Asset Management Holding SA Sells 123,073 Shares of Uber Technologies, Inc. $UBER

Pictet Asset Management Holding SA lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,248,469 shares of the ride-sharing company’s stock after selling 123,073 shares during the quarter. Pictet Asset Management Holding SA owned about 0.16% of Uber Technologies worth $234,410,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies during the 1st quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Up 0.0%

Shares of NYSE UBER opened at $75.88 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a 50-day moving average price of $72.31 and a 200-day moving average price of $73.49. The stock has a market capitalization of $154.99 billion, a P/E ratio of 16.68, a P/E/G ratio of 6.24 and a beta of 1.13. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last posted 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 net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the prior year, the business posted $0.60 EPS. The firm’s revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts forecast that Uber Technologies, Inc. will post 3.33 EPS for the current fiscal year.

More Uber Technologies News

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research report on Monday, May 11th. 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 research note on Thursday, August 6th. Finally, The Goldman Sachs Group set a $100.00 target price on Uber Technologies in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

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.