572,273 Shares in Uber Technologies, Inc. $UBER Bought by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 572,273 shares of the ride-sharing company’s stock, valued at approximately $41,295,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBER. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after buying an additional 1,670,761 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC grew its holdings in 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 worth $3,906,083,000 after acquiring an additional 1,602,596 shares during the period. Norges Bank purchased a new position in Uber Technologies during the fourth quarter valued at approximately $2,515,094,000. Finally, Northern Trust Corp raised its position in Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after acquiring an additional 297,132 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

More Uber Technologies News

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

• Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
• Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
• Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

Wall Street Analysts Forecast Growth

Several research firms have commented on UBER. TD Cowen restated a “buy” rating and issued a $118.00 price objective on shares of Uber Technologies in a research report on Thursday, July 16th. Roth Capital cut their target price on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. KeyCorp decreased their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.

Uber Technologies Trading Up 4.4%

Shares of UBER stock opened at $77.93 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $159.18 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 6.01 and a beta of 1.13. The stock has a 50 day simple moving average of $72.68 and a 200-day simple moving average of $73.32. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (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 analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 3.39 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.