Transamerica Financial Advisors LLC Makes New $3.39 Million Investment in Uber Technologies, Inc. $UBER

Transamerica Financial Advisors LLC purchased a new stake in Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 47,020 shares of the ride-sharing company’s stock, valued at approximately $3,393,000.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the third quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the fourth quarter worth approximately $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies in the fourth quarter valued at $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the third quarter valued at $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the 4th quarter valued at $27,000. Institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UBER. Roth Capital decreased their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Sanford C. Bernstein reduced their target price on Uber Technologies from $110.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Susquehanna dropped their price target on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a research note on Thursday, August 6th. Finally, Wells Fargo & Company dropped their price target on Uber Technologies from $100.00 to $89.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $78.47 on Thursday. The company’s fifty day moving average is $73.48 and its two-hundred day moving average is $73.38. The company has a market cap of $160.28 billion, a P/E ratio of 17.25, a price-to-earnings-growth ratio of 6.47 and a beta of 1.13. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. 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 issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.Uber Technologies’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle ecosystem. More than 2,000 robotaxis from Pony.ai and Uber are expected to enter European roads, while Baidu’s Apollo Go autonomous vehicles are now available in parts of Dubai through the Uber app. These partnerships support Uber’s long-term platform strategy and could help it benefit from self-driving transportation without bearing all development costs. Uber and Pony.ai are about to unleash more than 2,000 robotaxis on European roads
• Positive Sentiment: Uber launched optional live video streaming for parents and guardians during teen rides. The safety-focused feature may increase trust and usage of teen accounts, although its direct financial impact is likely limited. Uber launches live video streaming for teen accounts
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and maintained a $100 price target, implying substantial upside from recent trading levels. Uber Eats is also benefiting from relatively resilient consumer demand for food delivery. Citizens JMP rating information
• Neutral Sentiment: Uber recently cleared a procedural hurdle in a California racketeering lawsuit involving alleged fraudulent rideshare injury claims. However, the company also faces a separate class action concerning Uber Eats priority-delivery fees, leaving the overall legal impact uncertain. Uber cleared a key hurdle in its California racketeering lawsuit
• Negative Sentiment: The immediate catalyst for the decrease appears technical rather than a major change in fundamentals. Coverage characterized the move as a pullback while the stock’s chart continues to heal from prior weakness, encouraging short-term profit-taking and caution among traders. Uber Stock Is Trading Lower Today: What’s Going On?

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.