Uber Technologies, Inc. $UBER Shares Bought by Community Trust & Investment Co.

Community Trust & Investment Co. raised its position in Uber Technologies, Inc. (NYSE:UBER) by 3.7% during the second quarter, HoldingsChannel.com reports. The firm owned 282,327 shares of the ride-sharing company’s stock after buying an additional 9,995 shares during the quarter. Uber Technologies comprises 1.1% of Community Trust & Investment Co.’s investment portfolio, making the stock its 28th biggest position. Community Trust & Investment Co.’s holdings in Uber Technologies were worth $20,373,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Uber Technologies during the 4th quarter worth about $2,515,094,000. Marshall Wace LLP raised its holdings in Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after buying an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Employees Provident Fund Board acquired a new position in Uber Technologies during the fourth quarter valued at approximately $265,205,000. Finally, Southpoint Capital Advisors LP purchased a new stake in Uber Technologies during the first quarter worth approximately $222,983,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Analysts largely remained constructive after earnings. Guggenheim and Needham reaffirmed “Buy” ratings with price targets of $125 and $109, while Bernstein and Cantor Fitzgerald maintained positive ratings despite lowering their targets. Bank of America also kept a “Buy” rating and raised its earnings outlook, citing a valuation reset. Uber price target lowered by Bank of America
• Positive Sentiment: Uber’s push to scale its autonomous-vehicle ecosystem—including a reported plan to acquire up to 50,000 Rivian electric SUVs—helped support the longer-term growth narrative. Commentary from investor Gary Black and other market observers argued that Uber could be well positioned to benefit from robotaxi adoption without bearing the full cost of building a fleet. Uber Shares Jump as Analyst Commentary and Autonomous Delivery Push Drive Rally
• Positive Sentiment: Management said AI adoption has expanded sharply while engineering improvements are reducing the cost per token. The shift from heavy AI spending toward more efficient usage could improve productivity and limit future expense growth. Uber AI spending and tokenmaxxing
• Positive Sentiment: Uber entered a new senior unsecured term-loan credit facility, bolstering liquidity and financial flexibility as it invests in autonomous mobility and platform growth. Uber Secures New Credit Facilities to Bolster Liquidity

Uber Technologies Trading Up 6.4%

NYSE UBER opened at $74.94 on Friday. The company’s fifty day simple moving average is $71.86 and its 200-day simple moving average is $73.73. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company has a current ratio of 0.84, a quick ratio of 1.07 and a debt-to-equity ratio of 0.38. The stock has a market cap of $152.56 billion, a P/E ratio of 16.47, a PEG ratio of 6.38 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion during 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 business’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 3.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on UBER. Guggenheim reissued a “buy” rating and issued a $125.00 price objective on shares of Uber Technologies in a research report on Thursday. Piper Sandler set a $106.00 target price on shares of Uber Technologies in a report on Thursday. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Monday, June 22nd. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a report on Monday, June 29th. Finally, Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.23.

Uber Technologies Company 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.