1,149,875 Shares in Uber Technologies, Inc. $UBER Bought by Danske Bank A S

Danske Bank A S acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,149,875 shares of the ride-sharing company’s stock, valued at approximately $82,975,000.

Several other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC grew its holdings in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP bought a new position in Uber Technologies during the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in Uber Technologies during the second quarter worth approximately $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on UBER shares. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, July 14th. Jefferies Financial Group boosted their target price on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Guggenheim restated a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a research note on Thursday, August 6th. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Finally, Evercore reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Uber Technologies in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $104.25.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
• Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
• Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

Uber Technologies Trading Up 4.4%

Shares of NYSE:UBER opened at $77.93 on Thursday. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The stock has a market cap of $159.18 billion, a PE ratio of 17.13, a P/E/G ratio of 6.01 and a beta of 1.13. The business has a 50 day moving average of $72.68 and a 200-day moving average of $73.32. 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 (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The company had revenue of $14.19 billion for the quarter, compared to the consensus estimate 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 prior year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.

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.