Uber Technologies, Inc. $UBER Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System boosted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 6,342.7% in the second quarter, HoldingsChannel reports. The firm owned 199,496,278 shares of the ride-sharing company’s stock after purchasing an additional 196,399,787 shares during the period. California State Teachers Retirement System owned about 0.10% of Uber Technologies worth $14,395,651,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of UBER. Public Investment Fund acquired a new position in shares of Uber Technologies in the 2nd quarter valued at approximately $5,256,173,439. Norges Bank acquired a new stake in shares of Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Legal & General Group Plc bought a new stake in shares of Uber Technologies in the second quarter worth $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies in the second quarter worth $752,151,000. Finally, Fundsmith LLP acquired a new stake in Uber Technologies in the second quarter valued at $645,338,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on UBER. HSBC lowered shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Royal Bank Of Canada assumed coverage on Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating for the company. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Jefferies Financial Group increased 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. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.49.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $75.75 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $74.05 and a 200-day simple moving average of $73.63. The company has a market cap of $154.72 billion, a PE ratio of 16.65, a P/E/G ratio of 6.00 and a beta of 1.16. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. During the same period in the prior year, the company posted $0.60 EPS. The business’s revenue for the quarter 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. On average, equities research analysts forecast that Uber Technologies, Inc. will post 3.45 EPS for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber and Wayve began the United Kingdom’s first supervised robotaxi rides in London. The launch gives Uber additional autonomous-vehicle exposure, expands its relationship with Wayve and could strengthen its position in the emerging robotaxi market. Uber and Wayve Launch UK’s First Supervised Robotaxi Rides
• Positive Sentiment: Uber is reportedly nearing a deal to acquire Delivery Hero’s food-delivery operations. The transaction could broaden Uber’s delivery scale and support bookings growth, although investors remain concerned about financing requirements and the performance of Uber’s shares. Is UBER Stock a Buy as It Closes in on Delivery Hero Buyout?
• Neutral Sentiment: Uber is entering the European debt market with its first-ever euro-denominated bond offering. The financing may provide currency diversification and funding flexibility, but it also increases scrutiny of leverage as the company considers expansion. Uber taps European debt markets for first-ever euro bond offering
• Neutral Sentiment: Former Uber CEO Travis Kalanick is reportedly building Atoms around robotaxi technology, potentially with former Uber autonomous-driving personnel. The venture could intensify competition, though it also validates the market Uber is pursuing. Former Uber CEO Travis Kalanick is returning to the robotaxi race
• Neutral Sentiment: Japan’s Go is targeting expansion in Asia and robotaxis and does not view Uber as a major threat in Japan. The comments highlight Uber’s limited position in a distinctive market but suggest competition could increase as regional mobility technology develops. Japan’s Go President Eyes Expansion in Asia, Robotaxis
• Negative Sentiment: Reports that Uber plans to exit Nigeria and Uganda and reduce its workforce by 10% raise concerns about slower international growth and restructuring costs. The moves may improve efficiency, but they signal pressure to prioritize profitability and could weigh on sentiment. Uber to shut down operations in Nigeria, Uganda, and reduce 10% of its workforce

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.