58,416 Shares in Uber Technologies, Inc. $UBER Bought by Bridger Management LLC

Bridger Management LLC bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 58,416 shares of the ride-sharing company’s stock, valued at approximately $4,215,000. Uber Technologies accounts for about 2.8% of Bridger Management LLC’s investment portfolio, making the stock its 17th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBER. Public Investment Fund purchased a new position in shares of Uber Technologies during the 2nd quarter valued at about $5,256,173,439. Norges Bank purchased a new position in shares of Uber Technologies during the 4th quarter valued at approximately $2,515,094,000. Legal & General Group Plc acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $752,151,000. Finally, Marshall Wace LLP boosted its holdings 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 buying an additional 6,264,946 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Up 2.6%

UBER stock opened at $78.98 on Friday. The stock has a market capitalization of $161.32 billion, a P/E ratio of 17.36, a P/E/G ratio of 6.20 and a beta of 1.13. The firm has a 50-day simple moving average of $73.72 and a 200-day simple moving average of $73.43. 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 52 week low of $65.41 and a 52 week high of $101.99.

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, topping the consensus estimate of $0.80 by $0.01. The firm had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on UBER shares. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. KeyCorp cut their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday. Finally, Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.25.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: AI efficiency is improving. Uber said weekly use of its AI agents has increased 9.4 times while spending has stabilized, suggesting the company is expanding automation without a proportional increase in technology costs. This could support operating leverage and customer-service improvements. Exclusive: Uber cuts AI costs even as usage jumps
• Positive Sentiment: Analyst support and robotaxi permits provide a catalyst. Citizens reiterated an Outperform rating on Uber and a $100 price target after regulators permitted Uber subsidiary Aviary Services, Tesla, and Waymo to operate robotaxi services. Separately, Uber is adding Baidu’s Apollo Go driverless rides to its platform in Dubai, strengthening its potential role as a marketplace for autonomous transportation. Tesla and Uber Won Robotaxi Permits
• Positive Sentiment: Delivery and logistics expansion continues. Uber formally launched its voluntary offer to acquire Delivery Hero for €41.50 per share, with acceptance running through November 5. The deal could expand Uber Eats’ international scale and network, while demand from Uber’s food-delivery platform is also supporting Serve Robotics’ delivery-robot business. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
• Neutral Sentiment: Bullish long-term arguments remain intact, but valuation and execution matter. Supporters point to Uber’s large user base, network effects, and ability to integrate autonomous vehicles. However, the Delivery Hero transaction brings integration, financing, and competitive risks, while Delivery Hero recently reported a €392 million first-half net loss despite stronger revenue and raised guidance. Uber Stock Is 20% Off Its All-Time High
• Negative Sentiment: A major regulatory fine is the clearest overhang. Dutch regulators fined Uber €825 million, or approximately $966 million, over automated driver suspensions and deactivations that allegedly lacked adequate explanations and meaningful human oversight. Uber may appeal, but the case raises potential financial, compliance, and regulatory risks in other markets. Uber’s $966 Million Fine

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.