Resona Asset Management Co. Ltd. Has $36.73 Million Position in Uber Technologies, Inc. $UBER

Resona Asset Management Co. Ltd. cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 18.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 504,032 shares of the ride-sharing company’s stock after selling 111,037 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Uber Technologies were worth $36,733,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of UBER. Osbon Capital Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies during the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC acquired a new position in Uber Technologies during the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the third quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new position in Uber Technologies in the fourth quarter valued at approximately $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UBER has been the topic of a number of analyst reports. Cantor Fitzgerald dropped their price objective on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 24th. BMO Capital Markets restated an “outperform” rating on shares of Uber Technologies in a report on Tuesday, August 4th. Wells Fargo & Company dropped their price target 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. Finally, Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a research note on Thursday. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies News Summary

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

• Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
• Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
• Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
• Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak

Uber Technologies Stock Up 0.0%

UBER stock opened at $75.88 on Friday. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. The business’s 50 day simple moving average is $72.31 and its 200 day simple moving average is $73.49. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $154.99 billion, a PE ratio of 16.68, a PEG ratio of 6.23 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter last year, the firm posted $0.60 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts anticipate that Uber Technologies, Inc. will post 3.33 EPS for the current 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.