Benjamin Edwards Inc. Increases Stock Holdings in Uber Technologies, Inc. $UBER

Benjamin Edwards Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 7.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,740 shares of the ride-sharing company’s stock after buying an additional 6,801 shares during the quarter. Benjamin Edwards Inc.’s holdings in Uber Technologies were worth $6,692,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in UBER. Cacti Asset Management LLC grew its stake in Uber Technologies by 14.9% in the 2nd quarter. Cacti Asset Management LLC now owns 240,684 shares of the ride-sharing company’s stock valued at $17,368,000 after acquiring an additional 31,235 shares during the last quarter. GTS Securities LLC raised its position in Uber Technologies by 120.2% during the second quarter. GTS Securities LLC now owns 39,827 shares of the ride-sharing company’s stock worth $2,874,000 after acquiring an additional 21,742 shares during the last quarter. Meiji Yasuda Life Insurance Co raised its position in Uber Technologies by 1.3% during the second quarter. Meiji Yasuda Life Insurance Co now owns 14,605 shares of the ride-sharing company’s stock worth $1,054,000 after acquiring an additional 183 shares during the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Uber Technologies in the second quarter valued at about $11,330,000. Finally, Capital Advisors Inc. OK lifted its holdings in shares of Uber Technologies by 42.7% in the second quarter. Capital Advisors Inc. OK now owns 559,087 shares of the ride-sharing company’s stock valued at $40,344,000 after purchasing an additional 167,264 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Susquehanna dropped their price objective on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a research note on Thursday, August 6th. Jefferies Financial Group upped their target price on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. DA Davidson lowered their target price on Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. US Capital Advisors set a $95.00 price target on Uber Technologies in a research report on Monday, May 11th. Finally, Royal Bank Of Canada initiated coverage on Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $104.25.

Uber Technologies Stock Performance

NYSE:UBER opened at $78.98 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market cap of $161.32 billion, a PE ratio of 17.36, a P/E/G ratio of 6.35 and a beta of 1.13. The firm has a 50 day simple moving average of $73.72 and a 200-day simple moving average of $73.43. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99.

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

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: AI efficiency is improving. Uber said weekly use of its AI agents has increased 9.4 times while spending has stabilized, suggesting the company is expanding automation without a proportional increase in technology costs. This could support operating leverage and customer-service improvements. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Analyst support and robotaxi permits provide a catalyst. Citizens reiterated an Outperform rating on Uber and a $100 price target after regulators permitted Uber subsidiary Aviary Services, Tesla, and Waymo to operate robotaxi services. Separately, Uber is adding Baidu’s Apollo Go driverless rides to its platform in Dubai, strengthening its potential role as a marketplace for autonomous transportation. Tesla and Uber Won Robotaxi Permits
• Positive Sentiment: Delivery and logistics expansion continues. Uber formally launched its voluntary offer to acquire Delivery Hero for €41.50 per share, with acceptance running through November 5. The deal could expand Uber Eats’ international scale and network, while demand from Uber’s food-delivery platform is also supporting Serve Robotics’ delivery-robot business. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Neutral Sentiment: Bullish long-term arguments remain intact, but valuation and execution matter. Supporters point to Uber’s large user base, network effects, and ability to integrate autonomous vehicles. However, the Delivery Hero transaction brings integration, financing, and competitive risks, while Delivery Hero recently reported a €392 million first-half net loss despite stronger revenue and raised guidance. Uber Stock Is 20% Off Its All-Time High
• Negative Sentiment: A major regulatory fine is the clearest overhang. Dutch regulators fined Uber €825 million, or approximately $966 million, over automated driver suspensions and deactivations that allegedly lacked adequate explanations and meaningful human oversight. Uber may appeal, but the case raises potential financial, compliance, and regulatory risks in other markets. Uber’s $966 Million Fine

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.