State of Wyoming Buys Shares of 6,843 Uber Technologies, Inc. $UBER

State of Wyoming bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,843 shares of the ride-sharing company’s stock, valued at approximately $494,000.

Other hedge funds have also made changes to their positions in the company. Cadence Bank boosted its stake in Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after acquiring an additional 122 shares during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in Uber Technologies by 3.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock worth $395,000 after acquiring an additional 139 shares in the last quarter. Purus Wealth Management LLC grew its holdings in Uber Technologies by 3.4% during the 4th quarter. Purus Wealth Management LLC now owns 4,206 shares of the ride-sharing company’s stock worth $344,000 after acquiring an additional 140 shares in the last quarter. KPP Advisory Services LLC increased its position in shares of Uber Technologies by 4.3% in the 4th quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company’s stock worth $278,000 after purchasing an additional 140 shares during the last quarter. Finally, Stonebrook Private Inc. increased its position in shares of Uber Technologies by 6.1% in the 4th quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock worth $203,000 after purchasing an additional 143 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on UBER shares. Jefferies Financial Group increased their price target 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. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. JPMorgan Chase & Co. upped 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. Guggenheim reaffirmed a “buy” rating and set a $125.00 target price on shares of Uber Technologies in a report on Thursday, August 6th. Finally, Bank of America decreased their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Trading Down 1.5%

NYSE UBER opened at $74.80 on Tuesday. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The company has a 50-day simple moving average of $72.41 and a 200-day simple moving average of $73.39. 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 firm has a market capitalization of $152.78 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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. The business had revenue of $14.19 billion during 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 for the quarter was up 12.2% compared to the same quarter last year. During the same quarter 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 3.33 earnings per share for the current year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Drone delivery partnership with Zipline: Uber Eats will offer autonomous drone delivery in the United States, beginning in markets such as Dallas and Houston later this year. Uber is also making a strategic investment in Zipline, and the companies are targeting as many as one million deliveries per day by the end of 2029. The partnership could improve delivery speed, expand Uber’s logistics network and eventually reduce fulfillment costs. Uber, Zipline partner on US drone delivery for Uber Eats
• Positive Sentiment: Expanded Pony.ai robotaxi agreement: Uber and Pony.ai plan to deploy more than 2,000 Level 4 autonomous vehicles across Europe and the Middle East. The rollout moves beyond small pilots and reinforces Uber’s asset-light approach: it can provide demand, routing and payments through its platform while partners supply autonomous-driving technology and vehicles. Uber Expands PONY Robotaxi Deal
• Neutral Sentiment: Near-term financial impact remains uncertain: Drone and robotaxi deployments could create new growth avenues, but the announcements provide few immediate revenue or earnings details. Regulatory approvals, vehicle availability, safety performance and consumer adoption will determine how quickly these initiatives become material.
• Negative Sentiment: Uber exits Serve Robotics investment: Uber sold its entire stake in sidewalk-delivery company Serve Robotics amid “differing views,” while Serve is replacing volume from its expiring Uber relationship with a new Grubhub partnership. The move may raise concerns about Uber’s commitment to certain autonomous-delivery projects, though the direct financial effect on Uber appears modest. Uber Sells Serve Robotics Stake

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.