Resonant Capital Advisors LLC Buys 28,399 Shares of Uber Technologies, Inc. $UBER

Resonant Capital Advisors LLC lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 388.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 35,704 shares of the ride-sharing company’s stock after buying an additional 28,399 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Uber Technologies were worth $2,576,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tema ETFs LLC increased its stake in shares of Uber Technologies by 10.8% during the second quarter. Tema ETFs LLC now owns 41,799 shares of the ride-sharing company’s stock worth $3,016,000 after purchasing an additional 4,060 shares during the period. Canvas Wealth Advisors LLC boosted its stake in Uber Technologies by 19.5% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 239,173 shares of the ride-sharing company’s stock valued at $17,259,000 after purchasing an additional 39,082 shares during the period. Lederer & Associates Investment Counsel CA grew its holdings in Uber Technologies by 14.7% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 19,730 shares of the ride-sharing company’s stock valued at $1,424,000 after buying an additional 2,536 shares in the last quarter. Doliver Advisors LP increased its position in Uber Technologies by 11.2% during the 2nd quarter. Doliver Advisors LP now owns 24,634 shares of the ride-sharing company’s stock worth $1,778,000 after buying an additional 2,485 shares during the period. Finally, E. Ohman J or Asset Management AB increased its position in Uber Technologies by 9.4% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 383,520 shares of the ride-sharing company’s stock worth $27,675,000 after buying an additional 32,970 shares during the period. Institutional investors own 80.24% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Tokyo robotaxi partnership adds a potential growth catalyst. Uber Japan will work with Hinomaru Kotsu on a late-2026 autonomous-vehicle pilot in Tokyo. The local taxi operator will manage fleet operations, maintenance, charging and vehicle uptime, giving Uber local infrastructure and regulatory expertise. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Autonomous-vehicle prospects are improving in London. Transport for London’s licensing of Wayve vehicles moves Uber closer to an autonomous-ride rollout, while reported rider interest could support adoption. Uber’s broader partnerships and platform reach may allow it to benefit from robotaxi growth without owning all of the vehicle technology. Uber’s AV Ambitions in London Receive a Boost
• Positive Sentiment: Core business momentum remains strong. Second-quarter gross bookings exceeded $58 billion, representing more than 20% growth for a fourth consecutive quarter as Mobility, Delivery and Freight all advanced. Analysts and financial commentators also point to improving margins, market-share gains and record free cash flow as evidence that Uber’s valuation may not reflect its fundamentals. UBER Rides on Gross Bookings Strength
• Neutral Sentiment: Uber is exploring rides for children ages 10 to 12. The feature could increase family trip frequency and expand Uber’s addressable market, but safety, supervision and regulatory requirements could affect its rollout and profitability. UBER Explores Expanding Ride Service for Kids
• Negative Sentiment: Uber Freight is investigating a reported cyber incident. A hacking group claims it accessed internal systems and repositories. Uber says Freight operations continue normally and the incident is contained, but potential data exposure, remediation costs and reputational damage remain risks. Uber Freight Reportedly Investigating After Hacking Group Claims Data Breach
• Negative Sentiment: Uber exited its entire Serve Robotics position. The sale ends a notable delivery-robotics relationship and may signal strategic disagreements, reducing Uber’s direct exposure to autonomous delivery. Separately, a potential California driver-unionization effort could raise labor costs and challenge Uber’s contractor-based model.

Uber Technologies Stock Up 0.4%

UBER stock opened at $75.67 on Friday. The company has a market cap of $154.55 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 6.19 and a beta of 1.13. The business has a 50-day simple moving average of $72.21 and a 200 day simple moving average of $73.47. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week 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 posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the business posted $0.60 earnings per share. Uber Technologies’s revenue 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 anticipate that Uber Technologies, Inc. will post 3.33 EPS for the current fiscal year.

Analysts Set New Price Targets

UBER has been the subject of a number of recent research reports. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, August 6th. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company decreased their target price on shares of Uber Technologies from $100.00 to $89.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies Company 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.