118,331 Shares in Uber Technologies, Inc. $UBER Acquired by Trifecta Capital Advisors LLC

Key Points

• Trifecta Capital Advisors acquired 118,331 Uber shares worth approximately $8.54 million, making Uber its 26th-largest holding and representing about 1.1% of its portfolio. Institutional investors collectively own 80.24% of Uber.
• Uber reported quarterly EPS of $0.81, slightly exceeding expectations, while revenue rose 12.2% year over year to $14.19 billion. The stock opened at $74.80, well below its 52-week high of $101.99.
• Uber is expanding its autonomous-growth strategy through a Zipline drone-delivery partnership and a plan with Pony.ai to deploy more than 2,000 robotaxis. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $104.25, although the initiatives face regulatory and adoption uncertainties.

Trifecta Capital Advisors LLC bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 118,331 shares of the ride-sharing company's stock, valued at approximately $8,539,000. Uber Technologies comprises about 1.1% of Trifecta Capital Advisors LLC's investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds have also bought and sold shares of UBER. Pacer Advisors Inc. increased its holdings in Uber Technologies by 23.7% in the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock worth $370,641,000 after buying an additional 985,989 shares during the period. Vanguard Group Inc. lifted its stake in Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Uber Technologies by 6.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after acquiring an additional 29,587 shares during the last quarter. Mach 1 Financial Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter valued at $1,220,000. Finally, Weiss Asset Management LP increased its stake in shares of Uber Technologies by 465.5% in the first quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock worth $4,497,000 after acquiring an additional 51,465 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Stock Performance

UBER opened at $74.80 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a fifty day moving average price of $72.41 and a 200 day moving average price of $73.39. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The stock has a market cap of $152.78 billion, a P/E ratio of 16.44, a P/E/G ratio of 6.24 and a beta of 1.13.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $14.19 billion for 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 firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 3.33 earnings per share for the current year.

Uber Technologies News Roundup

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

• Positive Sentiment: Drone delivery partnership with Zipline: Uber Eats will offer autonomous drone delivery in the United States, beginning in markets such as Dallas and Houston later this year. Uber is also making a strategic investment in Zipline, and the companies are targeting as many as one million deliveries per day by the end of 2029. The partnership could improve delivery speed, expand Uber’s logistics network and eventually reduce fulfillment costs. Uber, Zipline partner on US drone delivery for Uber Eats
• Positive Sentiment: Expanded Pony.ai robotaxi agreement: Uber and Pony.ai plan to deploy more than 2,000 Level 4 autonomous vehicles across Europe and the Middle East. The rollout moves beyond small pilots and reinforces Uber’s asset-light approach: it can provide demand, routing and payments through its platform while partners supply autonomous-driving technology and vehicles. Uber Expands PONY Robotaxi Deal
• Neutral Sentiment: Near-term financial impact remains uncertain: Drone and robotaxi deployments could create new growth avenues, but the announcements provide few immediate revenue or earnings details. Regulatory approvals, vehicle availability, safety performance and consumer adoption will determine how quickly these initiatives become material.
• Negative Sentiment: Uber exits Serve Robotics investment: Uber sold its entire stake in sidewalk-delivery company Serve Robotics amid “differing views,” while Serve is replacing volume from its expiring Uber relationship with a new Grubhub partnership. The move may raise concerns about Uber’s commitment to certain autonomous-delivery projects, though the direct financial effect on Uber appears modest. Uber Sells Serve Robotics Stake

Analysts Set New Price Targets

UBER has been the subject of several recent research reports. Jefferies Financial Group raised their target price on shares of Uber Technologies from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Needham & Company LLC reaffirmed a "buy" rating and set a $109.00 price target on shares of Uber Technologies in a research report on Thursday, August 6th. BNP Paribas Exane lowered Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. Wedbush started coverage on Uber Technologies in a report on Thursday, July 16th. They issued an "outperform" rating and a $91.00 price objective for the company. Finally, US Capital Advisors set a $95.00 price objective on Uber Technologies in a report on Monday, May 11th. One research 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average target price 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.

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