TD Waterhouse Canada Inc. Has $15.39 Million Position in Uber Technologies, Inc. $UBER

TD Waterhouse Canada Inc. lessened its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,728 shares of the ride-sharing company’s stock after selling 8,169 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Uber Technologies were worth $15,386,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Barlow Wealth Partners LLC acquired a new position in Uber Technologies during the 2nd quarter valued at about $21,229,000. NEOS Investment Management LLC grew its holdings in Uber Technologies by 12.5% during the second quarter. NEOS Investment Management LLC now owns 336,649 shares of the ride-sharing company’s stock worth $24,293,000 after buying an additional 37,455 shares in the last quarter. iSAM Funds UK Ltd purchased a new stake in Uber Technologies in the 2nd quarter valued at $325,000. Paragon Private Wealth Management LLC raised its position in Uber Technologies by 28.2% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 12,839 shares of the ride-sharing company’s stock valued at $926,000 after buying an additional 2,824 shares during the last quarter. Finally, Continuum Advisory LLC lifted its stake in Uber Technologies by 30.3% during the 2nd quarter. Continuum Advisory LLC now owns 4,905 shares of the ride-sharing company’s stock valued at $354,000 after acquiring an additional 1,142 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies News Roundup

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

• Positive Sentiment: Robotaxi rollout strengthens Uber’s long-term growth narrative. Uber and Wayve launched supervised autonomous rides in London using electric Ford Mustang Mach-E vehicles. The partnership allows Uber to commercialize self-driving technology without developing or manufacturing its own vehicles, potentially supporting higher margins with less capital investment. Uber and AI-firm Wayve launch London’s first robotaxis
• Positive Sentiment: Analyst support and earnings momentum are helping sentiment. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. Articles also note that shares are up 7.8% since the most recent earnings report, when Uber narrowly exceeded its quarterly EPS estimate and delivered double-digit revenue growth. Why Is Uber Up 7.8% Since Last Earnings Report?
• Positive Sentiment: Cost savings could improve profitability. Uber plans to eliminate management layers and streamline teams, which could reduce expenses and redirect resources toward artificial intelligence, autonomous rides and platform expansion. The market initially viewed the restructuring as a potential efficiency improvement rather than solely as a sign of weakness. Uber to Cut 10% of Jobs
• Neutral Sentiment: Execution and regulatory factors remain important. London rides are initially supervised, so Uber must demonstrate safety, consumer adoption and regulatory progress before autonomous services can scale meaningfully. Uber’s asset-light approach also leaves much of the technology development to partners such as Wayve.
• Negative Sentiment: The restructuring highlights disruption and competitive pressure. The planned reduction of roughly 3,300 employees, or about 10% of the workforce, is Uber’s largest round of cuts since the pandemic. Investment in robotaxis could also require substantial spending before producing material financial benefits, while Walmart’s expansion of restaurant delivery adds competition in Uber Eats. Uber to Lay Off 3,300 Employees

Uber Technologies Stock Down 0.3%

Shares of UBER opened at $75.75 on Friday. The firm has a market cap of $154.72 billion, a P/E ratio of 16.65, a P/E/G ratio of 6.12 and a beta of 1.16. The stock has a 50 day simple moving average of $74.04 and a two-hundred day simple moving average of $73.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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 firm had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same period last year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter 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, analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UBER shares. DA Davidson reduced their price objective on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Wolfe Research set a $100.00 price target on shares of Uber Technologies in a research report on Friday, May 29th. HSBC downgraded Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Bank of America dropped their price objective on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Finally, US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.49.

Uber Technologies Company 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.