Brooks Moore & Associates Inc. Purchases Shares of 11,271 Uber Technologies, Inc. $UBER

Brooks Moore & Associates Inc. acquired a new stake in Uber Technologies, Inc. (NYSE:UBER) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,271 shares of the ride-sharing company’s stock, valued at approximately $813,000.

Other institutional investors have also recently modified their holdings of the company. Public Investment Fund purchased a new stake in Uber Technologies in the second quarter valued at approximately $5,256,173,439,000. Norges Bank purchased a new position in Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Legal & General Group Plc purchased a new position in Uber Technologies during the 2nd quarter worth approximately $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Uber Technologies during the 2nd quarter valued at approximately $752,151,000. Finally, Marshall Wace LLP lifted its stake in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on UBER shares. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Roth Capital lowered their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Guggenheim reaffirmed a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a research report on Thursday, August 6th. Finally, Susquehanna decreased their price objective on Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.25.

Key Uber Technologies News

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

• Positive Sentiment: Uber said it has stabilized AI-related spending even as weekly AI-agent usage has surged roughly 9.4 times. Improved infrastructure and model-cost efficiency could allow the company to expand AI features without proportionally increasing expenses. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Uber launched a formal €41.50-per-share cash offer for Delivery Hero after receiving approval from Germany’s BaFin. The transaction could expand Uber’s international delivery footprint and scale its marketplace. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Positive Sentiment: Uber continues to build its autonomous-vehicle ecosystem through partnerships, including Baidu’s fully driverless Apollo Go rides in Dubai through the Uber app and a planned expansion with Pony.ai in Europe. These agreements could help Uber benefit from autonomous transportation without bearing all vehicle-development costs. Baidu Takes Apollo Go Driverless Rides Overseas With Dubai Launch
• Positive Sentiment: Citizens JMP assigned Uber a market-outperform rating, adding supportive analyst sentiment. Uber Earns Market Outperform Rating
• Neutral Sentiment: Delivery Hero reported mixed first-half results: revenue exceeded expectations and 2026 guidance was raised, but the company posted a €392 million net loss. Its competitive challenges could affect the acquisition’s eventual returns. Delivery Hero H1 Earnings Show Mixed Results
• Negative Sentiment: The takeover introduces execution, integration and capital-allocation risks, particularly as Delivery Hero faces “brutal” competition in several markets. Investors may be cautious until the offer’s costs and strategic benefits become clearer. Delivery Hero Relies on Subscriptions as Uber Takeover Approaches
• Negative Sentiment: Recent trading coverage points to lingering technical weakness after Uber’s pullback from its record high. Longer-term concerns that autonomous vehicles could disrupt Uber’s traditional ride-hailing model remain an overhang despite the company’s partnerships. Uber Stock Is Trading Lower Today

Uber Technologies Stock Performance

UBER opened at $76.81 on Friday. The firm has a fifty day moving average price of $73.58 and a 200 day moving average price of $73.39. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The stock has a market cap of $156.90 billion, a P/E ratio of 16.88, a P/E/G ratio of 6.32 and a beta of 1.13. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Uber Technologies (NYSE:UBER) last released 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 for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share 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.