Uber Technologies, Inc. $UBER Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama lowered its holdings in Uber Technologies, Inc. (NYSE:UBER) by 0.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,060,695 shares of the ride-sharing company’s stock after selling 9,423 shares during the period. Retirement Systems of Alabama owned about 0.05% of Uber Technologies worth $76,540,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Marshall Wace LLP boosted its stake in shares of Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after buying an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after buying an additional 5,293,822 shares during the last quarter. Employees Provident Fund Board acquired a new stake in shares of Uber Technologies during the fourth quarter worth approximately $265,205,000. Finally, Southpoint Capital Advisors LP acquired a new stake in shares of Uber Technologies during the first quarter worth approximately $222,983,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on UBER. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a report on Friday, May 29th. BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a research report on Thursday. Finally, Barclays decreased their price target on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.25.

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

Uber Technologies Trading Up 0.0%

Uber Technologies stock opened at $75.88 on Friday. The firm’s 50-day moving average is $72.31 and its 200-day moving average is $73.49. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The company has a market cap of $154.99 billion, a P/E ratio of 16.68, a PEG ratio of 6.23 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. 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 previous year, the business posted $0.60 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.33 earnings per share for the current year.

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.