Meiji Yasuda America Inc lifted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 26.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,728 shares of the ride-sharing company’s stock after acquiring an additional 17,818 shares during the period. Meiji Yasuda America Inc’s holdings in Uber Technologies were worth $6,114,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Angeles Wealth Management LLC raised its stake in Uber Technologies by 6.3% during the 2nd quarter. Angeles Wealth Management LLC now owns 13,728 shares of the ride-sharing company’s stock valued at $991,000 after purchasing an additional 816 shares during the last quarter. Total Wealth Planning & Management Inc. grew its position in Uber Technologies by 13.4% in the 2nd quarter. Total Wealth Planning & Management Inc. now owns 10,203 shares of the ride-sharing company’s stock worth $736,000 after purchasing an additional 1,206 shares during the last quarter. Sciencast Management LP acquired a new stake in Uber Technologies in the 2nd quarter worth $1,743,000. Canal Capital Management LLC bought a new position in shares of Uber Technologies during the 2nd quarter worth about $675,000. Finally, Ascentis Wealth Management LLC increased its holdings in shares of Uber Technologies by 5,966.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 122,898 shares of the ride-sharing company’s stock worth $8,868,000 after purchasing an additional 120,872 shares during the period. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Performance
NYSE:UBER opened at $75.88 on Friday. The firm has a market capitalization of $154.99 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 6.23 and a beta of 1.13. 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, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The firm has a 50-day moving average price of $72.31 and a 200 day moving average price of $73.49.
Key Stories Impacting 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
Analyst Ratings Changes
Several equities research analysts recently weighed in on UBER shares. Mizuho set a $112.00 target price on shares of Uber Technologies in a research note on Thursday, August 6th. Roth Capital lowered their price target on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group raised their price objective on Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $104.25.
Get Our Latest Stock Analysis on Uber Technologies
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.
Further Reading
- 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.
