Joseph P. Lucia & Associates LLC Buys New Stake in Uber Technologies, Inc. $UBER

Joseph P. Lucia & Associates LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, HoldingsChannel reports. The institutional investor purchased 17,174 shares of the ride-sharing company’s stock, valued at approximately $1,239,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter worth about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth about $25,000. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at about $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on UBER. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Monday, July 20th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, July 14th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 24th. Finally, Truist Financial upped their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One research 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 assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.25.

More Uber Technologies News

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

• Positive Sentiment: Drone delivery expansion strengthens Uber Eats’ growth story. Uber is investing in and partnering with Zipline to offer autonomous drone deliveries through Uber Eats, beginning in the United States later this year. The companies are targeting one million daily deliveries by 2029, while Zipline says its service can deliver orders in five to 10 minutes. The initiative could improve delivery speed, expand Uber’s logistics network and reduce reliance on traditional couriers. Uber and Zipline partner on US drone delivery for Uber Eats
• Positive Sentiment: Uber is broadening its robotaxi network with Pony.ai. The companies plan to deploy more than 2,000 Level 4 robotaxis across Europe and the Middle East. The asset-light arrangement allows Uber to provide customer demand and its platform while relying on Pony.ai’s autonomous-driving technology, potentially positioning Uber to benefit from driverless mobility without owning the entire vehicle fleet. Uber Technologies plans more than 2,000 robotaxis
• Positive Sentiment: Analyst and media commentary remains bullish. Jim Cramer called Uber a strong long-term stock and said he is a buyer. Separately, coverage of Pershing Square’s investment activity highlighted Uber’s operating strength and continued investor interest in the company. Jim Cramer backs Uber
• Neutral Sentiment: Management is emphasizing AI-driven efficiency. Uber’s chief operating officer said artificial intelligence could augment or replace some roles, potentially improving productivity over time. However, the comments do not provide a specific financial forecast and could also raise questions about implementation and workforce impacts. Uber COO discusses future staffing
• Negative Sentiment: Uber’s exit from Serve Robotics underscores partnership risk. Serve has moved to a Grubhub relationship after Uber sold its stake and the companies’ agreement expired. The development suggests Uber’s autonomous-delivery strategy may involve shifting partners and could temporarily limit the benefits from sidewalk delivery robots. Uber sells Serve Robotics stake
• Negative Sentiment: Autonomous competition could pressure ride-hailing economics. Tesla’s planned Cybercab rollout highlights the long-term risk that vertically integrated robotaxi fleets could offer lower-cost rides, pressuring Uber’s take rates and margins. Uber’s platform partnerships may help it participate in the autonomous market, but regulatory delays, utilization levels and competition remain significant uncertainties.

Uber Technologies Trading Down 0.4%

Shares of UBER opened at $74.71 on Wednesday. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The stock has a 50-day moving average price of $72.49 and a 200 day moving average price of $73.35. 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 $152.61 billion, a P/E ratio of 16.42, a P/E/G ratio of 6.24 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $14.24 billion. During the same period in the previous year, the business earned $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. Sell-side analysts forecast that Uber Technologies, Inc. will post 3.33 EPS for the current fiscal year.

Uber Technologies 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.