Oarsman Capital Inc. Acquires 11,215 Shares of Uber Technologies, Inc. $UBER

Oarsman Capital Inc. grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 36.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,716 shares of the ride-sharing company’s stock after buying an additional 11,215 shares during the period. Oarsman Capital Inc.’s holdings in Uber Technologies were worth $3,010,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in UBER. Capital Research Global Investors boosted its position in Uber Technologies by 2.6% during the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Public Investment Fund acquired a new stake in shares of Uber Technologies during the 2nd quarter worth about $5,256,173,439. Geode Capital Management LLC lifted its stake in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank bought a new stake in shares of Uber Technologies during the 4th quarter worth about $2,515,094,000. Finally, Northern Trust Corp grew its stake in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after buying an additional 297,132 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Key Stories 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 Stock Performance

Shares of Uber Technologies stock opened at $78.98 on Monday. 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 company has a market cap of $161.32 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13. The company has a 50 day moving average of $73.72 and a 200-day moving average of $73.43. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Barclays decreased their target price on Uber Technologies from $107.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets reissued an “outperform” rating on shares of Uber Technologies in a report on Tuesday, August 4th. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Susquehanna decreased their price objective on Uber Technologies from $110.00 to $90.00 and set a “positive” rating on the stock in a report on Thursday, August 6th. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.25.

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.