Orion Capital Management LLC Acquires Shares of 10,612 Uber Technologies, Inc. $UBER

Orion Capital Management LLC acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,612 shares of the ride-sharing company’s stock, valued at approximately $766,000.

Several other hedge funds also recently made changes to their positions in UBER. Public Investment Fund purchased a new position in shares of Uber Technologies in the second quarter valued at about $5,256,173,439. Norges Bank purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $2,515,094,000. Legal & General Group Plc bought a new stake in shares of Uber Technologies in the second quarter worth about $943,167,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Uber Technologies in the second quarter worth about $752,151,000. Finally, Marshall Wace LLP increased its holdings in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after purchasing an additional 6,264,946 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Shares of UBER opened at $78.98 on Friday. The company has a 50-day simple moving average of $73.72 and a two-hundred day simple moving average of $73.43. 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 $161.32 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 6.20 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.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.01. The firm 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 business’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on UBER shares. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research report on Monday, July 20th. Guggenheim reiterated a “buy” rating and issued a $125.00 price objective on shares of Uber Technologies in a research report on Thursday, August 6th. Wells Fargo & Company reduced their target price on Uber Technologies from $100.00 to $89.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. HSBC downgraded Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, TD Cowen reiterated a “buy” rating and issued a $118.00 price target on shares of Uber Technologies in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

Key Headlines 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

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.