N10 Assets LLC Purchases Shares of 66,597 Uber Technologies, Inc. $UBER

Key Points

• N10 Assets LLC acquired 66,597 Uber shares worth approximately $4.8 million in the second quarter, making Uber about 2.1% of its portfolio. Institutional investors collectively own 80.24% of Uber’s stock.
• Uber reported quarterly EPS of $0.81, narrowly beating estimates, while revenue rose 12.2% year over year to $14.19 billion. The company issued third-quarter 2026 EPS guidance of $0.84–$0.88.
• Uber shares recently traded at $76.81, below the consensus analyst price target of $104.25; analysts maintain a “Moderate Buy” consensus, though risks include the Delivery Hero acquisition, autonomous-vehicle disruption and recent technical weakness.

N10 Assets LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,597 shares of the ride-sharing company's stock, valued at approximately $4,806,000. Uber Technologies makes up approximately 2.1% of N10 Assets LLC's portfolio, making the stock its 23rd biggest position.

A number of other large investors have also modified their holdings of the business. Capital Research Global Investors boosted its stake in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Public Investment Fund acquired a new position in Uber Technologies during the 2nd quarter valued at approximately $5,256,173,439,000. Geode Capital Management LLC raised its holdings in shares of Uber Technologies by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock worth $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new position in shares of Uber Technologies in the fourth quarter worth $2,515,094,000. Finally, Northern Trust Corp lifted its stake in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock worth $1,911,301,000 after buying an additional 297,132 shares during the period. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Stock Down 2.1%

Shares of UBER opened at $76.81 on Friday. Uber Technologies, Inc. has a 52 week low of $65.41 and a 52 week high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $156.90 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 6.32 and a beta of 1.13. The stock's 50-day moving average price is $73.58 and its 200-day moving average price is $73.39.

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 for the quarter, beating 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 company had revenue of $14.19 billion during the quarter, compared to analysts' expectations of $14.24 billion. During the same period last year, the business earned $0.60 earnings per share. Uber Technologies's quarterly revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts predict that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Trending Headlines about Uber Technologies

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on UBER shares. BNP Paribas Exane downgraded Uber Technologies to an "underweight" rating in a research report on Monday, May 11th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research report on Monday, June 29th. Barclays dropped their price target on Uber Technologies from $107.00 to $106.00 and set an "overweight" rating on the stock in a research note on Thursday, August 6th. Raymond James Financial raised Uber Technologies from an "outperform" rating to a "strong-buy" rating in a report on Monday, May 11th. Finally, TD Cowen restated a "buy" rating and issued a $118.00 price objective on shares of Uber Technologies in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $104.25.

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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