6,499 Shares in Uber Technologies, Inc. $UBER Bought by TRB Wealth Management LLC

TRB Wealth Management LLC purchased a new stake in Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,499 shares of the ride-sharing company’s stock, valued at approximately $469,000.

Other large investors also recently bought and sold shares of the company. Sumitomo Life Insurance Co. purchased a new position in shares of Uber Technologies during the second quarter worth about $15,270,000. Long Corridor Asset Management Ltd acquired a new stake in shares of Uber Technologies during the second quarter worth about $2,886,000. GCQ FUNDS MANAGEMENT PTY Ltd purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at about $63,130,000. William Blair Investment Management LLC purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at about $2,068,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at about $6,586,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Performance

NYSE UBER opened at $78.89 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The business’s 50-day moving average price is $73.06 and its 200 day moving average price is $73.35. The firm has a market cap of $161.14 billion, a P/E ratio of 17.34, a P/E/G ratio of 6.33 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.

Uber Technologies News Roundup

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

• Positive Sentiment: Robotaxi expansion strengthens Uber’s autonomous-vehicle narrative. Uber launched Baidu’s fully driverless Apollo Go service in Dubai and began autonomous rides in Zagreb, Croatia, with Pony.ai and Verne. These launches support Uber’s role as a global platform for third-party autonomous fleets, potentially adding future ride supply without requiring Uber to own the vehicles. Uber launches Baidu’s Apollo Go in Dubai
• Positive Sentiment: Nevada approvals provide a major commercial opportunity. Regulators approved permits allowing Tesla, Uber and Waymo to operate as many as 8,000 robotaxis in Clark County over the next year. The authorization gives Uber a path to scale autonomous rides in the Las Vegas market, although actual deployment and profitability remain uncertain. Nevada approves Tesla, Uber and Waymo robotaxis
• Positive Sentiment: Investor and analyst commentary remains supportive. Uber was selected as a “Stock to Study” by BetterInvesting Magazine, while CNBC commentary and Jim Cramer remained favorable toward the company’s long-term prospects. These endorsements are secondary catalysts but may reinforce positive sentiment following Uber’s recent earnings beat.
• Neutral Sentiment: Uber monetized part of its Aurora investment. The company sold approximately $472 million of Aurora Innovation stock while retaining more than 186 million shares. The transaction provides liquidity and may crystallize gains, but it also reduces Uber’s exposure to a key autonomous-driving investment. Uber sells $472 million of Aurora stock
• Negative Sentiment: A Dutch regulator imposed an €825 million ($966 million) fine. The penalty alleges Uber violated European data-protection rules by automatically suspending drivers without adequate notice or human review. The fine creates a sizable financial and compliance liability and could require changes to Uber’s driver-account procedures. Dutch regulator fines Uber for automated suspensions
• Negative Sentiment: Reports about algorithmic pricing add reputational and regulatory risk. Coverage of Uber’s AI-driven upfront pricing could increase scrutiny over how fares and driver pay are determined, particularly alongside the driver-suspension ruling. While dynamic pricing can support revenue optimization, concerns about transparency may pressure Uber to modify its systems.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Truist Financial raised their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. The Goldman Sachs Group set a $100.00 price objective on Uber Technologies in a report on Monday, June 29th. Guggenheim restated a “buy” rating and set a $125.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. Finally, Susquehanna cut their target price on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $104.25.

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.