Brasada Capital Management LP acquired a new stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,404 shares of the ride-sharing company’s stock, valued at approximately $1,689,000.
Several other hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the 3rd quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies during the fourth quarter worth approximately $25,000. Osbon Capital Management LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the third quarter valued at approximately $32,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Wall Street Analysts Forecast Growth
UBER has been the topic of a number of research reports. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Finally, Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.25.
Uber Technologies Trading Down 2.1%
Shares of UBER stock opened at $76.81 on Friday. The company has a market capitalization of $156.90 billion, a P/E ratio of 16.88, a price-to-earnings-growth ratio of 6.32 and a beta of 1.13. 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’s 50 day moving average is $73.58 and its two-hundred day moving average is $73.39. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. The company’s quarterly 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 forecast that Uber Technologies, Inc. will post 3.39 EPS for the current year.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber said it has stabilized AI-related spending even as weekly AI-agent usage has surged roughly 9.4 times. Improved infrastructure and model-cost efficiency could allow the company to expand AI features without proportionally increasing expenses. Exclusive: Uber cuts AI costs even as usage jumps
- Positive Sentiment: Uber launched a formal €41.50-per-share cash offer for Delivery Hero after receiving approval from Germany’s BaFin. The transaction could expand Uber’s international delivery footprint and scale its marketplace. Uber Publishes Offer Document for its Takeover Offer for Delivery Hero
- Positive Sentiment: Uber continues to build its autonomous-vehicle ecosystem through partnerships, including Baidu’s fully driverless Apollo Go rides in Dubai through the Uber app and a planned expansion with Pony.ai in Europe. These agreements could help Uber benefit from autonomous transportation without bearing all vehicle-development costs. Baidu Takes Apollo Go Driverless Rides Overseas With Dubai Launch
- Positive Sentiment: Citizens JMP assigned Uber a market-outperform rating, adding supportive analyst sentiment. Uber Earns Market Outperform Rating
- Neutral Sentiment: Delivery Hero reported mixed first-half results: revenue exceeded expectations and 2026 guidance was raised, but the company posted a €392 million net loss. Its competitive challenges could affect the acquisition’s eventual returns. Delivery Hero H1 Earnings Show Mixed Results
- Negative Sentiment: The takeover introduces execution, integration and capital-allocation risks, particularly as Delivery Hero faces “brutal” competition in several markets. Investors may be cautious until the offer’s costs and strategic benefits become clearer. Delivery Hero Relies on Subscriptions as Uber Takeover Approaches
- Negative Sentiment: Recent trading coverage points to lingering technical weakness after Uber’s pullback from its record high. Longer-term concerns that autonomous vehicles could disrupt Uber’s traditional ride-hailing model remain an overhang despite the company’s partnerships. Uber Stock Is Trading Lower Today
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.
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