40,119 Shares in Uber Technologies, Inc. $UBER Bought by Fairtree Asset Management Pty Ltd

Fairtree Asset Management Pty Ltd acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, Holdings Channel.com reports. The firm acquired 40,119 shares of the ride-sharing company’s stock, valued at approximately $2,895,000. Uber Technologies comprises 1.1% of Fairtree Asset Management Pty Ltd’s investment portfolio, making the stock its 21st largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth about $25,000. Portus Wealth Advisors LLC acquired a new position in shares of Uber Technologies during the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the 3rd quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the 4th quarter valued at about $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 0.7%

UBER stock opened at $78.61 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average of $72.86 and a two-hundred day moving average of $73.31. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The company has a market cap of $160.57 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 6.29 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last issued 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 business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

More Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion in Dubai: Uber launched Baidu’s fully driverless Apollo Go vehicles on its platform in Dubai, creating what the companies described as the first global multi-partner autonomous network. The initiative strengthens Uber’s role as the marketplace connecting riders, autonomous fleets and local operators, without requiring Uber to build the vehicles itself. Uber Launches Baidu’s Fully Driverless Apollo Go in Dubai
• Positive Sentiment: Autonomous rides reach Europe: Uber, Pony.ai and Verne began offering autonomous rides in Zagreb, Croatia—the first European city where riders can book a self-driving vehicle through Uber’s app. The launch expands Uber’s long-term opportunity to participate in AV economics while relying on partners for vehicle technology and operations. Uber launches autonomous rides in Zagreb
• Positive Sentiment: Analyst and media support: Commentary comparing Uber with Lyft highlighted Uber’s stronger bookings growth, diversification and AV partnerships. Jim Cramer also remained bullish on Uber as a long-term holding, adding to the favorable sentiment around the stock. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: Portfolio rebalancing involving Aurora: Uber sold approximately $472 million of Aurora Innovation stock but continues to own more than 186 million shares. The sale provides liquidity and may realize gains, although it reduces Uber’s direct exposure to Aurora’s future upside. Uber Sells $472 Million of Aurora Stock
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing pricing and margins if autonomous vehicles reduce the cost of competing services. The risk is longer term, but it highlights potential disruption to Uber’s core marketplace economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on UBER shares. Jefferies Financial Group lifted their price objective on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. HSBC lowered Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. boosted their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

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.