Centaurus Financial Inc. Invests $6.45 Million in Uber Technologies, Inc. $UBER

Centaurus Financial Inc. bought a new stake in Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 89,362 shares of the ride-sharing company’s stock, valued at approximately $6,448,000.

A number of other hedge funds have also modified their holdings of UBER. 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 worth $4,491,000 after acquiring an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings 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 acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC raised its holdings in Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after acquiring an additional 641 shares during the last quarter. Caxton Associates LLP purchased a new position in Uber Technologies in the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies in the 2nd quarter worth approximately $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UBER. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. TD Cowen reiterated a “buy” rating and set a $118.00 price objective on shares of Uber Technologies in a research report on Thursday, July 16th. Needham & Company LLC reissued a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, August 6th. Susquehanna lowered their price objective on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research note on Thursday, August 6th. Finally, DA Davidson dropped their target price on Uber Technologies from $107.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.25.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber said it has stabilized AI-related spending even as weekly AI-agent usage has surged roughly 9.4 times. Improved infrastructure and model-cost efficiency could allow the company to expand AI features without proportionally increasing expenses. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Uber launched a formal €41.50-per-share cash offer for Delivery Hero after receiving approval from Germany’s BaFin. The transaction could expand Uber’s international delivery footprint and scale its marketplace. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Positive Sentiment: Uber continues to build its autonomous-vehicle ecosystem through partnerships, including Baidu’s fully driverless Apollo Go rides in Dubai through the Uber app and a planned expansion with Pony.ai in Europe. These agreements could help Uber benefit from autonomous transportation without bearing all vehicle-development costs. Baidu Takes Apollo Go Driverless Rides Overseas With Dubai Launch
• Positive Sentiment: Citizens JMP assigned Uber a market-outperform rating, adding supportive analyst sentiment. Uber Earns Market Outperform Rating
• Neutral Sentiment: Delivery Hero reported mixed first-half results: revenue exceeded expectations and 2026 guidance was raised, but the company posted a €392 million net loss. Its competitive challenges could affect the acquisition’s eventual returns. Delivery Hero H1 Earnings Show Mixed Results
• Negative Sentiment: The takeover introduces execution, integration and capital-allocation risks, particularly as Delivery Hero faces “brutal” competition in several markets. Investors may be cautious until the offer’s costs and strategic benefits become clearer. Delivery Hero Relies on Subscriptions as Uber Takeover Approaches
• Negative Sentiment: Recent trading coverage points to lingering technical weakness after Uber’s pullback from its record high. Longer-term concerns that autonomous vehicles could disrupt Uber’s traditional ride-hailing model remain an overhang despite the company’s partnerships. Uber Stock Is Trading Lower Today

Uber Technologies Trading Down 2.1%

UBER opened at $76.81 on Friday. The stock has a market capitalization of $156.90 billion, a PE ratio of 16.88, a P/E/G ratio of 6.32 and a beta of 1.13. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The business’s 50 day moving average price is $73.58 and its 200 day moving average price is $73.39.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’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, equities research analysts expect that Uber Technologies, Inc. will post 3.39 EPS for the current year.

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.