Focus Partners Advisor Solutions LLC Makes New $708,000 Investment in Uber Technologies, Inc. $UBER

Focus Partners Advisor Solutions LLC bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, Holdings Channel reports. The firm bought 9,807 shares of the ride-sharing company’s stock, valued at approximately $708,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. State of Wyoming purchased a new stake in shares of Uber Technologies during the second quarter worth $494,000. ABN AMRO Bank N.V. purchased a new position in Uber Technologies in the second quarter valued at about $75,049,000. S&CO Inc. purchased a new position in Uber Technologies in the second quarter valued at about $1,681,000. Kelleher Financial Advisors acquired a new position in Uber Technologies in the 2nd quarter worth about $232,000. Finally, GSA Capital Partners LLP acquired a new position in Uber Technologies in the 2nd quarter worth about $480,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada initiated coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating for the company. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Roth Capital cut their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, August 6th. Finally, Tigress Financial lifted their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. One equities 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $104.25.

Uber Technologies Stock Down 1.5%

Shares of Uber Technologies stock opened at $74.80 on Tuesday. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average price of $72.41 and a two-hundred day moving average price of $73.39. The stock has a market capitalization of $152.78 billion, a P/E ratio of 16.44, a PEG ratio of 6.24 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same quarter last year, the firm posted $0.60 earnings per share. The company’s quarterly revenue 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 analysts expect 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

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.