Blodgett Wealth Advisors LLC Purchases Shares of 27,555 Uber Technologies, Inc. $UBER

Blodgett Wealth Advisors LLC acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the 2nd quarter, Holdings Channel reports. The firm acquired 27,555 shares of the ride-sharing company’s stock, valued at approximately $1,988,000. Uber Technologies accounts for 1.3% of Blodgett Wealth Advisors LLC’s holdings, making the stock its 12th biggest position.

Several other large investors also recently made changes to their positions in UBER. Brighton Jones LLC increased its holdings in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares in the last quarter. Bison Wealth LLC grew its position in Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in Uber Technologies in the 1st quarter valued at $304,000. Finally, Schnieders Capital Management LLC. bought a new stake in Uber Technologies during the 2nd quarter valued at $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on UBER shares. Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Monday, July 20th. Roth Capital reduced their price objective on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Citizens Jmp reissued a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Jefferies Financial Group raised their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.25.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle ecosystem. More than 2,000 robotaxis from Pony.ai and Uber are expected to enter European roads, while Baidu’s Apollo Go autonomous vehicles are now available in parts of Dubai through the Uber app. These partnerships support Uber’s long-term platform strategy and could help it benefit from self-driving transportation without bearing all development costs. Uber and Pony.ai are about to unleash more than 2,000 robotaxis on European roads
• Positive Sentiment: Uber launched optional live video streaming for parents and guardians during teen rides. The safety-focused feature may increase trust and usage of teen accounts, although its direct financial impact is likely limited. Uber launches live video streaming for teen accounts
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and maintained a $100 price target, implying substantial upside from recent trading levels. Uber Eats is also benefiting from relatively resilient consumer demand for food delivery. Citizens JMP rating information
• Neutral Sentiment: Uber recently cleared a procedural hurdle in a California racketeering lawsuit involving alleged fraudulent rideshare injury claims. However, the company also faces a separate class action concerning Uber Eats priority-delivery fees, leaving the overall legal impact uncertain. Uber cleared a key hurdle in its California racketeering lawsuit
• Negative Sentiment: The immediate catalyst for the decrease appears technical rather than a major change in fundamentals. Coverage characterized the move as a pullback while the stock’s chart continues to heal from prior weakness, encouraging short-term profit-taking and caution among traders. Uber Stock Is Trading Lower Today: What’s Going On?

Uber Technologies Trading Down 2.3%

NYSE UBER opened at $78.47 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The business has a fifty day simple moving average of $73.48 and a 200 day simple moving average of $73.38. Uber Technologies, Inc. has a 12 month low of $65.41 and a 12 month high of $101.99. The firm has a market capitalization of $160.28 billion, a P/E ratio of 17.25, a PEG ratio of 6.47 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the previous year, the firm earned $0.60 EPS. The business’s revenue for the quarter 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, analysts predict that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Uber Technologies 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.