Keystone Financial Group lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 90.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 14,366 shares of the ride-sharing company’s stock after buying an additional 6,835 shares during the quarter. Keystone Financial Group’s holdings in Uber Technologies were worth $1,037,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Osbon Capital Management LLC acquired a new position in Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies during the first quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies during the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies Trading Up 0.0%
UBER stock opened at $75.88 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. The company has a market cap of $154.99 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 6.23 and a beta of 1.13. The business has a fifty day simple moving average of $72.31 and a 200-day simple moving average of $73.49. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Roth Capital dropped their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a research note on Monday. DA Davidson lowered their price target on Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a report on Monday, May 11th. JPMorgan Chase & Co. upped their price objective on shares of 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 reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a 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 issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.25.
Read Our Latest Report on UBER
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
- Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
- Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
- Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
- Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak
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.
Featured Stories
- Five stocks we like better than Uber Technologies
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
