Portfolio Design Labs LLC Purchases Shares of 15,614 Uber Technologies, Inc. $UBER

Portfolio Design Labs LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, HoldingsChannel reports. The institutional investor purchased 15,614 shares of the ride-sharing company’s stock, valued at approximately $1,127,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies in the 4th quarter worth approximately $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the 4th quarter worth $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth $32,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on UBER shares. Wedbush initiated coverage on shares of Uber Technologies in a report on Thursday, July 16th. They set an “outperform” rating and a $91.00 price objective for the company. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research note on Wednesday. Sanford C. Bernstein lowered their price target on Uber Technologies from $110.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.25.

Key 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

Uber Technologies Stock Performance

Shares of NYSE:UBER 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 company has a 50-day moving average price of $72.86 and a 200-day moving average price of $73.31. The company has a market cap of $160.57 billion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 6.29 and a beta of 1.13. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter in the previous year, the business earned $0.60 EPS. Uber Technologies’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. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current year.

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.