11,211 Shares in Uber Technologies, Inc. $UBER Acquired by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 11,211 shares of the ride-sharing company’s stock, valued at approximately $834,000.

A number of other hedge funds have also recently added to or reduced their stakes in UBER. Capital Research Global Investors boosted its stake in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares during the last quarter. Public Investment Fund bought a new position in shares of Uber Technologies in the second quarter valued at approximately $5,256,173,439. Geode Capital Management LLC boosted its position in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank bought a new stake in Uber Technologies during the fourth quarter worth $2,515,094,000. Finally, Northern Trust Corp raised its position in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after buying an additional 297,132 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Cost-cutting and restructuring: Uber plans to eliminate approximately 3,300 jobs, or 10% of its global workforce, primarily by reducing management layers and consolidating teams. Management says the savings will make the company “simpler and faster” while freeing capital for core mobility, delivery and autonomous-vehicle initiatives. Investors appeared to view the move favorably because it could improve operating efficiency and support margins. Uber to cut 10% of workforce in bid to move simpler and faster
• Positive Sentiment: Robotaxi expansion: Uber and British artificial-intelligence startup Wayve launched autonomous ride testing in London, giving Uber a presence in another major European market. The initiative strengthens Uber’s platform-based strategy of partnering with autonomous-vehicle developers rather than building the vehicles itself, potentially reducing long-term driver-related costs and broadening growth opportunities. Uber and AI-firm Wayve launch London’s first robotaxis
• Positive Sentiment: Delivery Hero deal advances: Delivery Hero’s management and supervisory boards recommended that shareholders accept Uber’s roughly $15 billion takeover offer. Approval would create one of the world’s largest food-delivery platforms and could increase scale, though the transaction remains subject to shareholder and regulatory approval. Delivery Hero board backs Uber’s $15B takeover bid

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UBER. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Wells Fargo & Company reissued an “overweight” rating on shares of Uber Technologies in a research report on Wednesday. Susquehanna dropped their target price on shares of Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research note on Thursday, August 6th. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Finally, Tigress Financial boosted their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.14.

Uber Technologies Stock Performance

NYSE UBER opened at $76.52 on Thursday. The company has a fifty day moving average of $73.97 and a 200-day moving average of $73.51. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $156.29 billion, a P/E ratio of 16.82, a P/E/G ratio of 6.06 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating 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 company had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same period last year, the firm posted $0.60 EPS. Uber Technologies’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. As a group, equities research analysts predict that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

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.