Proficio Capital Partners LLC Has $7.12 Million Stock Holdings in Uber Technologies, Inc. $UBER

Proficio Capital Partners LLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,703 shares of the ride-sharing company’s stock after purchasing an additional 6,635 shares during the period. Proficio Capital Partners LLC’s holdings in Uber Technologies were worth $7,122,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Osbon Capital Management LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Evercore reaffirmed an “outperform” rating and issued a $150.00 price target on shares of Uber Technologies in a research note on Wednesday, August 5th. Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Citizens Jmp reissued a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, August 25th. Finally, Piper Sandler restated an “overweight” rating on shares of Uber Technologies in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies News Summary

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

• Positive Sentiment: Uber prevailed in litigation brought by law firm Simon & Simon involving allegations of “sham litigation” tied to a prior RICO dispute. The favorable ruling removes a legal overhang, although the immediate financial impact appears limited. Uber defeats Simon & Simon’s Sham Litigation Claims
• Positive Sentiment: Uber’s Dubai robotaxi launch and partnerships with autonomous-vehicle developers could strengthen its position as an aggregator and distribution platform for driverless transportation, rather than requiring it to own the vehicle technology. Dubai Robotaxi Launch Shows How Uber Could Win the Robotaxi Race
• Positive Sentiment: Uber has reportedly increased AI usage more than ninefold while keeping spending roughly flat. Lower AI costs could improve operating efficiency and make artificial intelligence a future margin driver. Uber’s AI spending and efficiency
• Positive Sentiment: Uber partnered with Turkey’s Bin Ulasim to modernize the taxi ecosystem with an electric-vehicle focus, supporting its international expansion and potential electrification strategy. Uber and Bin Ulasim Turkey partnership
• Neutral Sentiment: Investor discussions remain cautiously optimistic about Uber’s valuation, free-cash-flow growth and booking expansion. However, concerns persist that autonomous-vehicle competitors could disrupt ride-hailing unless Uber successfully becomes the leading platform for robotaxi services. Uber robotaxi developments and valuation metrics
• Negative Sentiment: The primary pressure appears to be a risk-off market environment, intensified by geopolitical tensions and higher oil prices, combined with investor disappointment over Uber’s third-quarter guidance. Uber projected gross bookings of $58.25 billion to $60.25 billion and adjusted EPS of $0.84 to $0.88, which investors viewed as less compelling than expected. Uber market weakness and guidance concerns
• Negative Sentiment: Recent insider activity shows one open-market sale and no purchases: Chief People Officer Nikki Krishnamurthy sold 30,000 shares. The transaction is not necessarily a forecast of business performance but may add modestly to sentiment concerns.

Uber Technologies Stock Performance

Shares of UBER opened at $75.61 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a 50 day moving average price of $73.80 and a two-hundred day moving average price of $73.44. The firm has a market capitalization of $154.44 billion, a P/E ratio of 16.62, a P/E/G ratio of 6.35 and a beta of 1.13. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week 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, 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 analyst estimates of $14.24 billion. During the same quarter last year, the company earned $0.60 earnings per share. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

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.