Compass Wealth Management LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 71,646 shares of the ride-sharing company’s stock, valued at approximately $5,170,000.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in Uber Technologies in the fourth quarter worth $25,000. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter worth $25,000. Imprint Wealth LLC bought a new stake in Uber Technologies in the third quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies in the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on UBER. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. DA Davidson cut their target price on shares of Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Tigress Financial boosted their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Wolfe Research set a $100.00 price target on shares of Uber Technologies in a research note on Friday, May 29th. Finally, Evercore restated an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a report on Wednesday, August 5th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.25.
Uber Technologies Stock Performance
Shares of Uber Technologies stock opened at $77.93 on Thursday. 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 market capitalization of $159.18 billion, a P/E ratio of 17.13, a P/E/G ratio of 6.01 and a beta of 1.13. The business has a fifty day simple moving average of $72.68 and a two-hundred day simple moving average of $73.32. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same period 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 3.39 earnings per share for the current fiscal year.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
- Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
- Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
- Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
- Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft
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.
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