Two Sigma Securities LLC Increases Holdings in Uber Technologies, Inc. $UBER

Two Sigma Securities LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 309.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,739 shares of the ride-sharing company's stock after acquiring an additional 15,677 shares during the quarter. Two Sigma Securities LLC's holdings in Uber Technologies were worth $1,497,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UBER. Osbon Capital Management LLC purchased a new stake in Uber Technologies during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new position in Uber Technologies during the fourth quarter valued at $25,000. Portus Wealth Advisors LLC bought a new position in Uber Technologies during the first quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies in the third quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the 4th quarter worth about $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

More Uber Technologies News

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

• Positive Sentiment: Uber prevailed in litigation brought by law firm Simon & Simon involving allegations of “sham litigation” tied to a prior RICO dispute. The favorable ruling removes a legal overhang, although the immediate financial impact appears limited. Uber defeats Simon & Simon’s Sham Litigation Claims
• Positive Sentiment: Uber’s Dubai robotaxi launch and partnerships with autonomous-vehicle developers could strengthen its position as an aggregator and distribution platform for driverless transportation, rather than requiring it to own the vehicle technology. Dubai Robotaxi Launch Shows How Uber Could Win the Robotaxi Race
• Positive Sentiment: Uber has reportedly increased AI usage more than ninefold while keeping spending roughly flat. Lower AI costs could improve operating efficiency and make artificial intelligence a future margin driver. Uber’s AI spending and efficiency
• Positive Sentiment: Uber partnered with Turkey’s Bin Ulasim to modernize the taxi ecosystem with an electric-vehicle focus, supporting its international expansion and potential electrification strategy. Uber and Bin Ulasim Turkey partnership
• Neutral Sentiment: Investor discussions remain cautiously optimistic about Uber’s valuation, free-cash-flow growth and booking expansion. However, concerns persist that autonomous-vehicle competitors could disrupt ride-hailing unless Uber successfully becomes the leading platform for robotaxi services. Uber robotaxi developments and valuation metrics
• Negative Sentiment: The primary pressure appears to be a risk-off market environment, intensified by geopolitical tensions and higher oil prices, combined with investor disappointment over Uber’s third-quarter guidance. Uber projected gross bookings of $58.25 billion to $60.25 billion and adjusted EPS of $0.84 to $0.88, which investors viewed as less compelling than expected. Uber market weakness and guidance concerns
• Negative Sentiment: Recent insider activity shows one open-market sale and no purchases: Chief People Officer Nikki Krishnamurthy sold 30,000 shares. The transaction is not necessarily a forecast of business performance but may add modestly to sentiment concerns.

Analyst Upgrades and Downgrades

Several brokerages recently commented on UBER. Evercore reiterated an "outperform" rating and set a $150.00 price target on shares of Uber Technologies in a report on Wednesday, August 5th. 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. HSBC lowered Uber Technologies to a "reduce" rating in a research report on Monday, May 11th. Roth Capital reduced their price target on Uber Technologies from $105.00 to $100.00 and set a "buy" rating on the stock in a report on Monday, August 10th. Finally, Benchmark reissued a "hold" rating on shares of Uber Technologies in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $104.25.

Uber Technologies Price Performance

Uber Technologies stock opened at $75.61 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 stock has a market cap of $154.44 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13. The firm has a 50-day moving average of $73.80 and a two-hundred day moving average of $73.44. Uber Technologies, Inc. has a 1 year low of $65.41 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping 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 quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $0.60 earnings per share. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, research analysts forecast that Uber Technologies, Inc. will post 3.39 earnings per share for the current year.

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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