Hourglass Capital LLC Buys 13,800 Shares of Uber Technologies, Inc. $UBER

Hourglass Capital LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 9.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,135 shares of the ride-sharing company's stock after buying an additional 13,800 shares during the period. Uber Technologies makes up about 2.2% of Hourglass Capital LLC's holdings, making the stock its 10th biggest holding. Hourglass Capital LLC's holdings in Uber Technologies were worth $11,195,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Cadence Bank grew its position in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock valued at $722,000 after acquiring an additional 122 shares during the period. TFR Capital LLC. increased its stake in Uber Technologies by 4.1% during the fourth quarter. TFR Capital LLC. now owns 3,449 shares of the ride-sharing company's stock worth $282,000 after acquiring an additional 137 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Uber Technologies by 3.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 4,831 shares of the ride-sharing company's stock worth $395,000 after purchasing an additional 139 shares during the period. Purus Wealth Management LLC raised its holdings in shares of Uber Technologies by 3.4% in the 4th quarter. Purus Wealth Management LLC now owns 4,206 shares of the ride-sharing company's stock worth $344,000 after purchasing an additional 140 shares during the period. Finally, KPP Advisory Services LLC raised its holdings in shares of Uber Technologies by 4.3% in the 4th quarter. KPP Advisory Services LLC now owns 3,406 shares of the ride-sharing company's stock worth $278,000 after purchasing an additional 140 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on UBER shares. Mizuho set a $112.00 target price on Uber Technologies in a report on Thursday, August 6th. Needham & Company LLC restated a "buy" rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, August 6th. HSBC cut shares of Uber Technologies to a "reduce" rating in a research report on Monday, May 11th. Macquarie Infrastructure raised shares of Uber Technologies to an "outperform" rating in a research report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research note 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 given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $104.25.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China's Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
• Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
• Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
• Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak

Uber Technologies Price Performance

UBER stock opened at $75.88 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99. The firm has a market cap of $154.99 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13. The stock has a 50-day simple moving average of $72.31 and a 200-day simple moving average of $73.49.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company's revenue was up 12.2% on a year-over-year basis. During the same period last year, the business posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, equities analysts predict that Uber Technologies, Inc. will post 3.33 earnings per share for the current fiscal year.

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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