Groupe la Francaise Sells 20,695 Shares of Uber Technologies, Inc. $UBER

Groupe la Francaise decreased its position in Uber Technologies, Inc. (NYSE:UBER) by 4.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 408,834 shares of the ride-sharing company’s stock after selling 20,695 shares during the period. Groupe la Francaise’s holdings in Uber Technologies were worth $29,462,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. California State Teachers Retirement System increased its position in shares of Uber Technologies by 6,342.7% during the second quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock valued at $14,395,651,000 after purchasing an additional 196,399,787 shares during the period. Public Investment Fund bought a new stake in Uber Technologies in the 2nd quarter valued at $5,256,173,439. Norges Bank bought a new stake in Uber Technologies in the 4th quarter valued at $2,515,094,000. Legal & General Group Plc acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $943,167,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Uber Technologies during the 2nd quarter worth about $752,151,000. Institutional investors own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi rollout strengthens Uber’s long-term growth narrative. Uber and Wayve launched supervised autonomous rides in London using electric Ford Mustang Mach-E vehicles. The partnership allows Uber to commercialize self-driving technology without developing or manufacturing its own vehicles, potentially supporting higher margins with less capital investment. Uber and AI-firm Wayve launch London’s first robotaxis
• Positive Sentiment: Analyst support and earnings momentum are helping sentiment. BTIG reaffirmed a Buy rating with a $100 price target, while Rosenblatt upgraded Uber to Strong Buy. Articles also note that shares are up 7.8% since the most recent earnings report, when Uber narrowly exceeded its quarterly EPS estimate and delivered double-digit revenue growth. Why Is Uber Up 7.8% Since Last Earnings Report?
• Positive Sentiment: Cost savings could improve profitability. Uber plans to eliminate management layers and streamline teams, which could reduce expenses and redirect resources toward artificial intelligence, autonomous rides and platform expansion. The market initially viewed the restructuring as a potential efficiency improvement rather than solely as a sign of weakness. Uber to Cut 10% of Jobs
• Neutral Sentiment: Execution and regulatory factors remain important. London rides are initially supervised, so Uber must demonstrate safety, consumer adoption and regulatory progress before autonomous services can scale meaningfully. Uber’s asset-light approach also leaves much of the technology development to partners such as Wayve.
• Negative Sentiment: The restructuring highlights disruption and competitive pressure. The planned reduction of roughly 3,300 employees, or about 10% of the workforce, is Uber’s largest round of cuts since the pandemic. Investment in robotaxis could also require substantial spending before producing material financial benefits, while Walmart’s expansion of restaurant delivery adds competition in Uber Eats. Uber to Lay Off 3,300 Employees

Uber Technologies Trading Down 0.0%

Shares of UBER stock opened at $75.75 on Monday. 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 $154.72 billion, a P/E ratio of 16.65, a P/E/G ratio of 6.00 and a beta of 1.16. The firm has a 50-day moving average price of $74.04 and a 200 day moving average price of $73.60. 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 (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The firm had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Research analysts forecast that Uber Technologies, Inc. will post 3.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UBER. Barclays decreased their target price on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Royal Bank Of Canada started coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. The Goldman Sachs Group set a $100.00 target price on Uber Technologies in a report on Monday, June 29th. Finally, Wolfe Research set a $100.00 target price on Uber Technologies in a research report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.49.

About Uber Technologies

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.