Bridger Management LLC Buys New Position in Uber Technologies, Inc. $UBER

Bridger Management LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 58,416 shares of the ride-sharing company's stock, valued at approximately $4,215,000. Uber Technologies makes up about 2.8% of Bridger Management LLC's investment portfolio, making the stock its 17th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UBER. BIP Wealth LLC purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at about $1,033,000. Pacer Advisors Inc. increased its stake in Uber Technologies by 23.7% during the first quarter. Pacer Advisors Inc. now owns 5,152,795 shares of the ride-sharing company's stock worth $370,641,000 after acquiring an additional 985,989 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Uber Technologies by 6.1% during the first quarter. PNC Financial Services Group Inc. now owns 514,735 shares of the ride-sharing company's stock valued at $37,025,000 after purchasing an additional 29,587 shares during the period. Mach 1 Financial Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at approximately $1,220,000. Finally, Weiss Asset Management LP increased its position in shares of Uber Technologies by 465.5% during the 1st quarter. Weiss Asset Management LP now owns 62,520 shares of the ride-sharing company's stock valued at $4,497,000 after purchasing an additional 51,465 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 2.6%

Shares of UBER stock opened at $78.98 on Friday. 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. The company has a market cap of $161.32 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 6.20 and a beta of 1.13. The stock's fifty day moving average price is $73.72 and its 200 day moving average price is $73.43.

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, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $14.19 billion during the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Wolfe Research set a $100.00 price target on Uber Technologies in a research report on Friday, May 29th. Macquarie Infrastructure raised shares of Uber Technologies to an "outperform" rating in a research note on Monday, May 11th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a research report on Monday, July 20th. DA Davidson decreased their price objective on shares of Uber Technologies from $107.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Finally, Truist Financial raised their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $104.25.

About Uber Technologies

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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