Whittier Trust Co. of Nevada Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 89.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,394 shares of the ride-sharing company’s stock after purchasing an additional 110,491 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Uber Technologies were worth $17,348,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in UBER. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies during the fourth quarter valued at $25,000. Portus Wealth Advisors LLC acquired a new stake in Uber Technologies during the first quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter valued at $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.
Uber Technologies Stock Performance
NYSE:UBER opened at $75.67 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $154.55 billion, a PE ratio of 16.63, a P/E/G ratio of 6.19 and a beta of 1.13. 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 fifty day moving average of $72.21 and a two-hundred day moving average of $73.47.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. Barclays dropped their target price on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, July 14th. Guggenheim reaffirmed a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Finally, Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.25.
Check Out Our Latest Analysis on Uber Technologies
Key Uber Technologies News
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 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.
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