IFP Advisors Inc Buys 7,376 Shares of Uber Technologies, Inc. $UBER

IFP Advisors Inc boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 143,821 shares of the ride-sharing company’s stock after buying an additional 7,376 shares during the period. IFP Advisors Inc’s holdings in Uber Technologies were worth $10,378,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Osbon Capital Management LLC acquired a new position in Uber Technologies during the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of Uber Technologies in the 1st quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter worth about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Down 3.6%

Shares of NYSE:UBER opened at $73.06 on Wednesday. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The company’s 50-day moving average price is $74.07 and its two-hundred day moving average price is $73.64. 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 firm has a market cap of $149.22 billion, a P/E ratio of 16.06, a P/E/G ratio of 6.00 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter last year, the company posted $0.60 EPS. 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. As a group, research analysts forecast that Uber Technologies, Inc. will post 3.45 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Andrew Macdonald acquired 70,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the transaction, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This trade represents a 19.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.81% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UBER has been the subject of a number of recent analyst reports. Evercore reiterated an “outperform” rating and set a $150.00 target price on shares of Uber Technologies in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. TD Cowen reaffirmed a “buy” rating and set a $118.00 price objective on shares of Uber Technologies in a research note on Thursday, July 16th. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a report on Thursday, September 3rd. Finally, BMO Capital Markets set a $119.00 target price on shares of Uber Technologies in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.49.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Chief Executive Andrew Macdonald purchased 70,000 UBER shares for approximately $5.3 million, increasing his direct ownership by nearly 20%. The sizable insider purchase may signal confidence that the stock is undervalued following its recent weakness. Uber insider purchase filing
• Positive Sentiment: Wedbush reaffirmed its “outperform” rating and maintained a $91 price target, implying substantial upside from current levels. The firm’s view provides support for Uber’s earnings, cash-flow generation and long-term growth outlook.
• Positive Sentiment: Uber and Wayve launched supervised autonomous rides in London with Ford. The partnership reinforces Uber’s strategy of providing robotaxi distribution and demand while avoiding the capital burden of designing and manufacturing its own vehicles. Uber Wayve autonomous rides article
• Neutral Sentiment: Reports highlighted Uber’s stronger profitability and more than $10 billion in free cash flow, but questioned why the stock has not responded. Investors appear to be weighing those fundamentals against the risk that autonomous vehicles could eventually weaken Uber’s role in the mobility ecosystem. Uber fundamentals and valuation article
• Neutral Sentiment: Uber is reportedly moving closer to a potential Delivery Hero acquisition and has tapped European debt markets with its first-ever euro bond offering. The initiatives could expand delivery and international reach, but also raise leverage and execution concerns.
• Negative Sentiment: Tesla’s Cybercab entering commercial robotaxi service intensified fears that Tesla could challenge Uber’s core ride-hailing marketplace and capture autonomous-ride economics. Tesla’s progress was viewed as a key reason mobility stocks moved in opposite directions. Tesla Cybercab threat article
• Negative Sentiment: Uber plans to exit operations in Nigeria and Uganda and cut roughly 10% of its workforce. Although the moves may reduce costs, they signal near-term restructuring and could raise concerns about international growth and demand.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting consumers with drivers, couriers, merchants and transportation providers. The company’s core mobility business enables users to request rides through the Uber app, including options such as private rides, taxis and other forms of local transportation.

Uber also operates Uber Eats, a delivery marketplace that connects consumers with restaurants, grocery stores and other retailers. In addition, the company provides logistics services through Uber Freight, which connects carriers and shippers, and offers advertising solutions to businesses seeking to reach users on its platform.