SWS Partners Makes New Investment in Uber Technologies, Inc. $UBER

SWS Partners bought a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 46,749 shares of the ride-sharing company’s stock, valued at approximately $3,373,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UBER. Cadence Bank raised its position in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after buying an additional 122 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in shares of Uber Technologies by 3.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock valued at $395,000 after acquiring an additional 139 shares during the period. Purus Wealth Management LLC grew its holdings in Uber Technologies by 3.4% during the fourth quarter. Purus Wealth Management LLC now owns 4,206 shares of the ride-sharing company’s stock worth $344,000 after purchasing an additional 140 shares during the period. KPP Advisory Services LLC increased its holdings in shares of Uber Technologies by 4.3% during the 4th quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company’s stock worth $278,000 after acquiring an additional 140 shares during the last quarter. Finally, Stonebrook Private Inc. increased its holdings in shares of Uber Technologies by 6.1% in the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock valued at $203,000 after purchasing an additional 143 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on UBER shares. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Susquehanna decreased their target price on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research report on Thursday, August 6th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Finally, Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.25.

Read Our Latest Analysis on UBER

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.80 on Tuesday. The firm has a 50 day moving average of $72.41 and a 200-day moving average of $73.39. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company has a market cap of $152.78 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13. 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 (NYSE:UBERGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 3.33 earnings per share for the current year.

Uber Technologies News Summary

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

  • Positive Sentiment: Drone delivery partnership with Zipline: Uber Eats will offer autonomous drone delivery in the United States, beginning in markets such as Dallas and Houston later this year. Uber is also making a strategic investment in Zipline, and the companies are targeting as many as one million deliveries per day by the end of 2029. The partnership could improve delivery speed, expand Uber’s logistics network and eventually reduce fulfillment costs. Uber, Zipline partner on US drone delivery for Uber Eats
  • Positive Sentiment: Expanded Pony.ai robotaxi agreement: Uber and Pony.ai plan to deploy more than 2,000 Level 4 autonomous vehicles across Europe and the Middle East. The rollout moves beyond small pilots and reinforces Uber’s asset-light approach: it can provide demand, routing and payments through its platform while partners supply autonomous-driving technology and vehicles. Uber Expands PONY Robotaxi Deal
  • Neutral Sentiment: Near-term financial impact remains uncertain: Drone and robotaxi deployments could create new growth avenues, but the announcements provide few immediate revenue or earnings details. Regulatory approvals, vehicle availability, safety performance and consumer adoption will determine how quickly these initiatives become material.
  • Negative Sentiment: Uber exits Serve Robotics investment: Uber sold its entire stake in sidewalk-delivery company Serve Robotics amid “differing views,” while Serve is replacing volume from its expiring Uber relationship with a new Grubhub partnership. The move may raise concerns about Uber’s commitment to certain autonomous-delivery projects, though the direct financial effect on Uber appears modest. Uber Sells Serve Robotics Stake

Uber Technologies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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