Wilkinson Global Asset Management LLC Makes New $15.51 Million Investment in Uber Technologies, Inc. $UBER

Wilkinson Global Asset Management LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the second quarter, Holdings Channel.com reports. The firm purchased 214,970 shares of the ride-sharing company’s stock, valued at approximately $15,512,000. Uber Technologies makes up approximately 1.2% of Wilkinson Global Asset Management LLC’s investment portfolio, making the stock its 26th biggest position.

Several other large investors also recently modified their holdings of UBER. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Uber Technologies during the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies during the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Uber Technologies in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Trading Down 1.5%

Shares of Uber Technologies stock opened at $74.80 on Tuesday. The stock has a fifty day simple moving average of $72.41 and a 200 day simple moving average of $73.39. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The company has a market capitalization of $152.78 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.33 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: Drone delivery partnership with Zipline: Uber Eats will offer autonomous drone delivery in the United States, beginning in markets such as Dallas and Houston later this year. Uber is also making a strategic investment in Zipline, and the companies are targeting as many as one million deliveries per day by the end of 2029. The partnership could improve delivery speed, expand Uber’s logistics network and eventually reduce fulfillment costs. Uber, Zipline partner on US drone delivery for Uber Eats
• Positive Sentiment: Expanded Pony.ai robotaxi agreement: Uber and Pony.ai plan to deploy more than 2,000 Level 4 autonomous vehicles across Europe and the Middle East. The rollout moves beyond small pilots and reinforces Uber’s asset-light approach: it can provide demand, routing and payments through its platform while partners supply autonomous-driving technology and vehicles. Uber Expands PONY Robotaxi Deal
• Neutral Sentiment: Near-term financial impact remains uncertain: Drone and robotaxi deployments could create new growth avenues, but the announcements provide few immediate revenue or earnings details. Regulatory approvals, vehicle availability, safety performance and consumer adoption will determine how quickly these initiatives become material.
• Negative Sentiment: Uber exits Serve Robotics investment: Uber sold its entire stake in sidewalk-delivery company Serve Robotics amid “differing views,” while Serve is replacing volume from its expiring Uber relationship with a new Grubhub partnership. The move may raise concerns about Uber’s commitment to certain autonomous-delivery projects, though the direct financial effect on Uber appears modest. Uber Sells Serve Robotics Stake

Wall Street Analysts Forecast Growth

UBER has been the topic of several recent research reports. Cantor Fitzgerald cut their price target on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Wolfe Research set a $100.00 target price on Uber Technologies in a report on Friday, May 29th. Truist Financial lifted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Piper Sandler restated an “overweight” rating on shares of Uber Technologies in a report on Thursday. Finally, Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $104.25.

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.