Keebeck Wealth Management Buys Shares of 6,955 Uber Technologies, Inc. $UBER

Keebeck Wealth Management bought a new stake in Uber Technologies, Inc. (NYSE:UBER) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 6,955 shares of the ride-sharing company’s stock, valued at approximately $502,000.

Other large investors have also modified their holdings of the company. Cadence Bank grew its position in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after buying an additional 122 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in Uber Technologies by 3.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company’s stock worth $395,000 after buying an additional 139 shares during the last quarter. KPP Advisory Services LLC raised its position in Uber Technologies by 4.3% during the 4th quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company’s stock worth $278,000 after buying an additional 140 shares during the last quarter. Stonebrook Private Inc. lifted its stake in shares of Uber Technologies by 6.1% in the 4th quarter. Stonebrook Private Inc. now owns 2,479 shares of the ride-sharing company’s stock worth $203,000 after acquiring an additional 143 shares during the period. Finally, Avion Wealth lifted its stake in shares of Uber Technologies by 17.3% in the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after acquiring an additional 145 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Robotaxi expansion strengthens Uber’s autonomous-vehicle narrative. Uber launched Baidu’s fully driverless Apollo Go service in Dubai and began autonomous rides in Zagreb, Croatia, with Pony.ai and Verne. These launches support Uber’s role as a global platform for third-party autonomous fleets, potentially adding future ride supply without requiring Uber to own the vehicles. Uber launches Baidu’s Apollo Go in Dubai
• Positive Sentiment: Nevada approvals provide a major commercial opportunity. Regulators approved permits allowing Tesla, Uber and Waymo to operate as many as 8,000 robotaxis in Clark County over the next year. The authorization gives Uber a path to scale autonomous rides in the Las Vegas market, although actual deployment and profitability remain uncertain. Nevada approves Tesla, Uber and Waymo robotaxis
• Positive Sentiment: Investor and analyst commentary remains supportive. Uber was selected as a “Stock to Study” by BetterInvesting Magazine, while CNBC commentary and Jim Cramer remained favorable toward the company’s long-term prospects. These endorsements are secondary catalysts but may reinforce positive sentiment following Uber’s recent earnings beat.
• Neutral Sentiment: Uber monetized part of its Aurora investment. The company sold approximately $472 million of Aurora Innovation stock while retaining more than 186 million shares. The transaction provides liquidity and may crystallize gains, but it also reduces Uber’s exposure to a key autonomous-driving investment. Uber sells $472 million of Aurora stock
• Negative Sentiment: A Dutch regulator imposed an €825 million ($966 million) fine. The penalty alleges Uber violated European data-protection rules by automatically suspending drivers without adequate notice or human review. The fine creates a sizable financial and compliance liability and could require changes to Uber’s driver-account procedures. Dutch regulator fines Uber for automated suspensions
• Negative Sentiment: Reports about algorithmic pricing add reputational and regulatory risk. Coverage of Uber’s AI-driven upfront pricing could increase scrutiny over how fares and driver pay are determined, particularly alongside the driver-suspension ruling. While dynamic pricing can support revenue optimization, concerns about transparency may pressure Uber to modify its systems.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Sanford C. Bernstein lowered their target price on shares of Uber Technologies from $110.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Evercore restated an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a research report on Wednesday, August 5th. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. DA Davidson dropped their target price on Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Stock Performance

NYSE:UBER opened at $78.89 on Friday. The firm’s fifty day simple moving average is $73.06 and its 200-day simple moving average is $73.35. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market cap of $161.14 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 6.33 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.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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 firm 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 business’s revenue for the quarter was up 12.2% compared to the same quarter last year. 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. Analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

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.