CoreCap Advisors LLC Has $6.19 Million Stock Holdings in Uber Technologies, Inc. $UBER

CoreCap Advisors LLC trimmed its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 18.6% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 85,738 shares of the ride-sharing company’s stock after selling 19,552 shares during the quarter. CoreCap Advisors LLC’s holdings in Uber Technologies were worth $6,187,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of UBER. Norges Bank acquired a new position in Uber Technologies in the fourth quarter valued at about $2,515,094,000. Marshall Wace LLP lifted its position in Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after purchasing 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 worth $776,883,000 after purchasing an additional 5,293,822 shares during the period. Employees Provident Fund Board acquired a new stake in Uber Technologies during the fourth quarter worth about $265,205,000. Finally, Southpoint Capital Advisors LP acquired a new stake in Uber Technologies during the first quarter worth about $222,983,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Uber Technologies stock opened at $68.21 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $138.85 billion, a PE ratio of 17.01, a P/E/G ratio of 6.58 and a beta of 1.13. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The business’s 50-day moving average price is $71.78 and its two-hundred day moving average price is $73.82.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates 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 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, analysts expect that Uber Technologies, Inc. will post 2.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on UBER shares. Bank of America dropped their target price on shares of Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, July 14th. TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a research report on Thursday, July 16th. Piper Sandler lifted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.86.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Second-quarter gross bookings increased 24% year over year to approximately $58.0 billion, while trips rose 18% to 3.9 billion and monthly active platform consumers increased 16% to 208 million. Revenue grew 12.2% to $14.19 billion. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Profitability and cash generation remained strong: adjusted EBITDA rose 33% to $2.8 billion, operating cash flow reached $2.9 billion, and trailing 12-month free cash flow exceeded $10 billion. GAAP diluted EPS was $1.17, helped partly by investment revaluations. Uber Q2 Revenue and EPS Results
• Positive Sentiment: Transport for London granted licenses for supervised Wayve autonomous vehicles, moving Uber closer to launching robotaxi rides in London. Uber also continues to develop delivery, hotel-booking and drone-delivery opportunities that could increase customer engagement. Wayve and Uber London Robotaxi Licenses
• Neutral Sentiment: Uber said artificial-intelligence spending was broadly stable, with management using lower-cost models and tighter employee cost controls. This supports efficiency but is not yet a major growth catalyst. Uber AI Spending
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.84–$0.88 trailed the approximately $0.89 consensus, while bookings guidance was pressured by foreign-exchange effects. The second-quarter adjusted EPS of $0.81 and revenue of $14.19 billion were also slightly below consensus estimates. Uber Third-Quarter Guidance
• Negative Sentiment: Investors are concerned that Uber may spend more than $10 billion on autonomous vehicles while also pursuing acquisitions, including the planned Delivery Hero transaction. The spending could challenge Uber’s traditionally asset-light model and weigh on future returns. Uber Robotaxi Investment Plans
• Negative Sentiment: Competition in Brazil slowed trip growth, and the reported deterioration of Uber’s relationship with Waymo raised concerns about whether Uber can secure a leading position in the robotaxi market. Uber Brazil Competition and Outlook

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.