Dearborn Partners LLC Makes New Investment in Uber Technologies, Inc. $UBER

Dearborn Partners LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, Holdings Channel reports. The firm purchased 11,729 shares of the ride-sharing company’s stock, valued at approximately $844,000.

A number of other large investors also recently modified their holdings of the company. Osbon Capital Management LLC bought a new stake in Uber Technologies during the 4th quarter worth $25,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC bought a new stake in shares of Uber Technologies during the first quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the third quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $27,000. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion in Dubai: Fully driverless Baidu Apollo Go vehicles have begun operating in Dubai under Uber’s multi-year strategic partnership. The launch strengthens Uber’s autonomous-vehicle strategy and could eventually improve service availability and long-term margins. Uber’s Robotaxi Push Gains Pace in Dubai: Baidu’s Vehicles Debut
• Positive Sentiment: PGA TOUR partnership: Uber became the PGA TOUR’s official rideshare sponsor, while Uber Eats was named its official on-demand food-delivery sponsor. The agreement provides brand visibility and potential demand from events and fans. PGA TOUR taps Uber as official sponsor
• Positive Sentiment: India road-trip partnership: Zoomcar users can now compare and book Uber Intercity chauffeur-driven rides alongside self-drive rentals. The arrangement may expand Uber’s travel-related customer acquisition and booking opportunities in India. Zoomcar and Uber partner to give travelers more ways to plan road trips
• Neutral Sentiment: Analyst and institutional support: Uber retains a broadly favorable analyst view, with a reported median price target of $109.50. Bill Ackman’s Pershing Square also accumulated a large Uber position in the second quarter, though institutional ownership changes were mixed.
• Negative Sentiment: €824.99 million Dutch GDPR fine: The Dutch data-protection regulator said Uber used automated systems to suspend or permanently deactivate drivers based on conduct and customer-feedback data. The penalty—reported at roughly $966 million—could pressure earnings, raise compliance costs, and increase regulatory scrutiny across Europe. Dutch regulator fines Uber €824.99m

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Barclays decreased their price target on shares of Uber Technologies from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Tuesday, August 4th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. Finally, Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $79.27 on Tuesday. The company has a market capitalization of $161.92 billion, a PE ratio of 17.42, a P/E/G ratio of 6.35 and a beta of 1.13. 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, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99. The firm has a fifty day simple moving average of $73.19 and a 200 day simple moving average of $73.31.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that Uber Technologies, Inc. will post 3.39 EPS for the current 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.