DCF Advisers LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 50,000 shares of the ride-sharing company’s stock, valued at approximately $3,608,000. Uber Technologies makes up approximately 0.6% of DCF Advisers LLC’s holdings, making the stock its 29th biggest position.
A number of other hedge funds have also bought and sold shares of the business. Mmbg Investment Advisors CO. bought a new stake in shares of Uber Technologies in the second quarter worth approximately $10,041,000. West Family Investments Inc. purchased a new stake in Uber Technologies in the second quarter worth approximately $437,000. Knuff & Co LLC bought a new stake in Uber Technologies in the 2nd quarter worth approximately $216,000. NewEdge Wealth LLC purchased a new stake in Uber Technologies during the 2nd quarter valued at $19,709,000. Finally, Monetta Financial Services Inc. bought a new position in shares of Uber Technologies during the 2nd quarter valued at $938,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
- Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
- Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
- Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
- Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft
Analysts Set New Price Targets
View Our Latest Research Report on UBER
Uber Technologies Trading Up 4.4%
NYSE:UBER opened at $77.93 on Thursday. 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 firm has a market capitalization of $159.18 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 6.01 and a beta of 1.13. Uber Technologies, Inc. has a one year low of $65.41 and a one year high of $101.99. The business has a fifty day moving average price of $72.68 and a 200-day moving average price of $73.32.
Uber Technologies (NYSE:UBER – Get Free Report) last released its 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 for the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the previous year, the business earned $0.60 earnings per share. Uber Technologies’s quarterly revenue was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts forecast that Uber Technologies, Inc. will post 3.39 EPS 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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