Meiji Yasuda Asset Management Co Ltd. Takes Position in Uber Technologies, Inc. $UBER

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the second quarter, according to its most recent filing with the SEC. The fund acquired 12,788 shares of the ride-sharing company’s stock, valued at approximately $923,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Osbon Capital Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth about $25,000. Nalls Sherbakoff Group LLC purchased a new position in Uber Technologies during the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC bought a new stake in Uber Technologies during the 1st quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the 3rd quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Sanford C. Bernstein cut their price target on shares of Uber Technologies from $110.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. JPMorgan Chase & Co. upped their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research report on Wednesday, August 19th. Jefferies Financial Group lifted their price objective on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Bank of America decreased their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: New teen safety feature: Uber launched live video streaming for teen accounts, allowing parents to check in during rides. The feature, which will roll out nationwide in the U.S. in the coming weeks, could improve rider confidence and support family-account adoption. Uber launches live video streaming for teen accounts
• Positive Sentiment: Autonomous-vehicle expansion: Baidu’s fully driverless Apollo Go vehicles have begun operating in Dubai under Uber’s multiyear partnership. The deployment advances Uber’s robotaxi strategy and may strengthen its long-term position as autonomous transportation develops. Uber’s Robotaxi Push Gains Pace in Dubai
• Positive Sentiment: Analyst confidence: Citizens JMP reaffirmed its “Market Outperform” rating and set a $100 price target, implying substantial upside from recent trading levels.
• Positive Sentiment: Resilient Uber Eats demand: Food delivery is holding up as consumers reduce spending in other categories, suggesting Uber Eats could remain a relatively defensive growth business. Uber also expanded travel options in India through a partnership with Zoomcar and became the PGA Tour’s official rideshare and food-delivery partner.
• Neutral Sentiment: Mixed valuation and momentum: A bullish investment article cited Uber’s growth prospects, while another argued that growth expectations are already reflected in the valuation. Over six months, the stock has lagged the S&P 500, despite trading well above its one-year low.
• Negative Sentiment: Major regulatory liability: Dutch authorities fined Uber €824.99 million—approximately $966 million—for using automated systems to suspend or deactivate drivers. The penalty could create a substantial financial charge and increase compliance costs or regulatory risk in Europe. Dutch regulator fines Uber €824.99m

Uber Technologies Stock Up 1.3%

UBER opened at $80.33 on Wednesday. The stock has a market cap of $164.07 billion, a PE ratio of 17.65, a P/E/G ratio of 6.39 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 52 week low of $65.41 and a 52 week high of $101.99. The business’s fifty day simple moving average is $73.33 and its 200 day simple moving average is $73.36.

Uber Technologies (NYSE:UBER) last issued its quarterly 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. The firm had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal 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.