Global Retirement Partners LLC Makes New Investment in Uber Technologies, Inc. $UBER

Global Retirement Partners LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 78,687 shares of the ride-sharing company’s stock, valued at approximately $5,678,000.

A number of other large investors also recently bought and sold shares of UBER. Brighton Jones LLC increased its holdings in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares during the period. Bison Wealth LLC grew its stake in shares of Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after buying an additional 641 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Uber Technologies during the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies in the second quarter valued at $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UBER. HSBC lowered Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Jefferies Financial Group lifted their target price on shares of Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. JPMorgan Chase & Co. lifted their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $104.25.

Uber Technologies News Roundup

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

• Positive Sentiment: Drone delivery expansion strengthens Uber Eats’ growth story. Uber is investing in and partnering with Zipline to offer autonomous drone deliveries through Uber Eats, beginning in the United States later this year. The companies are targeting one million daily deliveries by 2029, while Zipline says its service can deliver orders in five to 10 minutes. The initiative could improve delivery speed, expand Uber’s logistics network and reduce reliance on traditional couriers. Uber and Zipline partner on US drone delivery for Uber Eats
• Positive Sentiment: Uber is broadening its robotaxi network with Pony.ai. The companies plan to deploy more than 2,000 Level 4 robotaxis across Europe and the Middle East. The asset-light arrangement allows Uber to provide customer demand and its platform while relying on Pony.ai’s autonomous-driving technology, potentially positioning Uber to benefit from driverless mobility without owning the entire vehicle fleet. Uber Technologies plans more than 2,000 robotaxis
• Positive Sentiment: Analyst and media commentary remains bullish. Jim Cramer called Uber a strong long-term stock and said he is a buyer. Separately, coverage of Pershing Square’s investment activity highlighted Uber’s operating strength and continued investor interest in the company. Jim Cramer backs Uber
• Neutral Sentiment: Management is emphasizing AI-driven efficiency. Uber’s chief operating officer said artificial intelligence could augment or replace some roles, potentially improving productivity over time. However, the comments do not provide a specific financial forecast and could also raise questions about implementation and workforce impacts. Uber COO discusses future staffing
• Negative Sentiment: Uber’s exit from Serve Robotics underscores partnership risk. Serve has moved to a Grubhub relationship after Uber sold its stake and the companies’ agreement expired. The development suggests Uber’s autonomous-delivery strategy may involve shifting partners and could temporarily limit the benefits from sidewalk delivery robots. Uber sells Serve Robotics stake
• Negative Sentiment: Autonomous competition could pressure ride-hailing economics. Tesla’s planned Cybercab rollout highlights the long-term risk that vertically integrated robotaxi fleets could offer lower-cost rides, pressuring Uber’s take rates and margins. Uber’s platform partnerships may help it participate in the autonomous market, but regulatory delays, utilization levels and competition remain significant uncertainties.

Uber Technologies Stock Performance

Shares of UBER opened at $74.71 on Wednesday. The firm’s 50 day moving average is $72.49 and its 200-day moving average is $73.35. The stock has a market capitalization of $152.61 billion, a P/E ratio of 16.42, a P/E/G ratio of 6.24 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. 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 (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter in the prior year, the business earned $0.60 EPS. 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. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.33 EPS 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.