AlpenGlobal Capital LLC Invests $1.63 Million in Uber Technologies, Inc. $UBER

Key Points

• AlpenGlobal Capital purchased 22,633 Uber shares worth approximately $1.63 million in the second quarter, making Uber its 28th-largest holding and representing about 1% of its portfolio. Institutional investors collectively own 80.24% of Uber.
• Uber reported second-quarter EPS of $0.81, slightly beating estimates, while revenue rose 12.2% year over year to $14.19 billion. The company guided for third-quarter EPS of $0.84–$0.88.
• Analysts maintain a generally favorable view, with a consensus “Moderate Buy” rating and an average price target of $104.25 versus the stock’s reported $78.61 price. Uber’s expansion of autonomous-vehicle partnerships supports its outlook, though Tesla’s planned Cybercab could pose a longer-term competitive risk.

AlpenGlobal Capital LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 22,633 shares of the ride-sharing company's stock, valued at approximately $1,633,000. Uber Technologies makes up about 1.0% of AlpenGlobal Capital LLC's holdings, making the stock its 28th largest holding.

A number of other large investors have also recently bought and sold shares of UBER. BIP Wealth LLC purchased a new position in shares of Uber Technologies in the 2nd quarter worth about $1,033,000. Pacer Advisors Inc. grew its holdings in shares of Uber Technologies by 23.7% during the 1st quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock worth $370,641,000 after purchasing an additional 985,989 shares during the period. Vanguard Group Inc. increased its position 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 worth $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Uber Technologies by 6.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock worth $37,025,000 after purchasing an additional 29,587 shares in the last quarter. Finally, Mach 1 Financial Group LLC purchased a new position in Uber Technologies in the fourth quarter valued at approximately $1,220,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

Shares of UBER stock opened at $78.61 on Friday. The firm has a fifty day moving average of $72.86 and a two-hundred day moving average of $73.31. The firm has a market cap of $160.57 billion, a P/E ratio of 17.28, a P/E/G ratio of 6.29 and a beta of 1.13. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results 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 analyst estimates 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 business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, research analysts anticipate that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on UBER shares. BTIG Research reaffirmed a "buy" rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, July 14th. Jefferies Financial Group raised their target price on shares of Uber Technologies from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Macquarie Infrastructure upgraded shares of Uber Technologies to an "outperform" rating in a report on Monday, May 11th. UBS Group cut shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research report on Monday, May 11th. Finally, Piper Sandler reiterated an "overweight" rating on shares of Uber Technologies in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $104.25.

More Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion in Dubai: Uber launched Baidu’s fully driverless Apollo Go vehicles on its platform in Dubai, creating what the companies described as the first global multi-partner autonomous network. The initiative strengthens Uber’s role as the marketplace connecting riders, autonomous fleets and local operators, without requiring Uber to build the vehicles itself. Uber Launches Baidu’s Fully Driverless Apollo Go in Dubai
• Positive Sentiment: Autonomous rides reach Europe: Uber, Pony.ai and Verne began offering autonomous rides in Zagreb, Croatia—the first European city where riders can book a self-driving vehicle through Uber’s app. The launch expands Uber’s long-term opportunity to participate in AV economics while relying on partners for vehicle technology and operations. Uber launches autonomous rides in Zagreb
• Positive Sentiment: Analyst and media support: Commentary comparing Uber with Lyft highlighted Uber’s stronger bookings growth, diversification and AV partnerships. Jim Cramer also remained bullish on Uber as a long-term holding, adding to the favorable sentiment around the stock. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: Portfolio rebalancing involving Aurora: Uber sold approximately $472 million of Aurora Innovation stock but continues to own more than 186 million shares. The sale provides liquidity and may realize gains, although it reduces Uber’s direct exposure to Aurora’s future upside. Uber Sells $472 Million of Aurora Stock
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing pricing and margins if autonomous vehicles reduce the cost of competing services. The risk is longer term, but it highlights potential disruption to Uber’s core marketplace economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

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.

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