Pure Financial Advisors LLC Acquires New Shares in Uber Technologies, Inc. $UBER

Pure Financial Advisors LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, Holdings Channel reports. The firm acquired 13,166 shares of the ride-sharing company’s stock, valued at approximately $950,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cadence Bank increased its position in shares of Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Uber Technologies by 3.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock valued at $395,000 after buying an additional 139 shares during the last quarter. KPP Advisory Services LLC lifted its position in Uber Technologies by 4.3% in the fourth quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company’s stock valued at $278,000 after buying an additional 140 shares during the last quarter. Stonebrook Private Inc. boosted its stake in Uber Technologies by 6.1% during the fourth quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock worth $203,000 after buying an additional 143 shares during the period. Finally, Avion Wealth boosted its stake in Uber Technologies by 17.3% during the first quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after buying an additional 145 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on UBER. Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday. TD Cowen reiterated a “buy” rating and issued a $118.00 target price on shares of Uber Technologies in a report on Thursday, July 16th. Guggenheim reissued a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. Evercore restated an “outperform” rating and set a $150.00 price target on shares of Uber Technologies in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies Trading Down 2.3%

Shares of UBER stock opened at $78.47 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The company has a 50 day moving average price of $73.48 and a 200 day moving average price of $73.38. The stock has a market capitalization 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. 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 (NYSE:UBER) last issued 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. The company had revenue of $14.19 billion during 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 was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 3.39 EPS 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.