Chesley Taft & Associates LLC Acquires 45,090 Shares of Uber Technologies, Inc. $UBER

Chesley Taft & Associates LLC lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 19.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 271,677 shares of the ride-sharing company’s stock after acquiring an additional 45,090 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Uber Technologies were worth $19,604,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Uber Technologies during the fourth quarter worth approximately $2,515,094,000. Marshall Wace LLP boosted its stake in shares of 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. boosted its stake in shares of Uber Technologies by 129.7% in 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 during the period. Employees Provident Fund Board acquired a new stake in Uber Technologies during the fourth quarter worth approximately $265,205,000. Finally, Southpoint Capital Advisors LP acquired 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.

Uber Technologies Stock Up 6.4%

NYSE UBER opened at $74.94 on Friday. The business has a fifty day moving average price of $71.86 and a two-hundred day moving average price of $73.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The stock has a market capitalization of $152.56 billion, a PE ratio of 16.47, a PEG ratio of 6.38 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last issued its 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. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter last year, the business posted $0.60 EPS. The company’s 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. Equities analysts expect that Uber Technologies, Inc. will post 3.02 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on UBER. Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. The Goldman Sachs Group set a $100.00 target price on Uber Technologies in a report on Monday, June 29th. Mizuho set a $112.00 price target on Uber Technologies in a research report on Thursday. Wells Fargo & Company dropped their price target on Uber Technologies from $100.00 to $89.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Tigress Financial upped their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. One equities 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. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.23.

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.