Polymer Capital Management HK LTD Takes $2.84 Million Position in Uber Technologies, Inc. $UBER

Polymer Capital Management HK LTD purchased a new stake in Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 39,400 shares of the ride-sharing company’s stock, valued at approximately $2,843,000.

A number of other large investors have also recently bought and sold shares of UBER. Norges Bank purchased a new position in shares of Uber Technologies during the fourth quarter worth about $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Uber Technologies in the 2nd quarter valued at approximately $752,151,000. Marshall Wace LLP grew its stake in shares of Uber Technologies by 1,462.2% in 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 last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Uber Technologies in the second quarter valued at approximately $426,727,000. Finally, Employees Provident Fund Board acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $265,205,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on UBER. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Citizens Jmp restated a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. Cantor Fitzgerald lowered their price objective on Uber Technologies from $98.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research note on Monday, June 29th. Finally, US Capital Advisors set a $95.00 price objective on Uber Technologies in a research report on Monday, May 11th. One investment 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 company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Stock Up 0.1%

Shares of NYSE UBER opened at $78.89 on Monday. The firm’s 50-day moving average is $73.06 and its two-hundred day moving average is $73.30. The company has a market capitalization of $161.14 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13. Uber Technologies, Inc. has a 12-month low of $65.41 and a 12-month high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same period last year, the company posted $0.60 EPS. The company’s 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. Equities analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi expansion strengthens Uber’s autonomous-vehicle narrative. Uber launched Baidu’s fully driverless Apollo Go service in Dubai and began autonomous rides in Zagreb, Croatia, with Pony.ai and Verne. These launches support Uber’s role as a global platform for third-party autonomous fleets, potentially adding future ride supply without requiring Uber to own the vehicles. Uber launches Baidu’s Apollo Go in Dubai
• Positive Sentiment: Nevada approvals provide a major commercial opportunity. Regulators approved permits allowing Tesla, Uber and Waymo to operate as many as 8,000 robotaxis in Clark County over the next year. The authorization gives Uber a path to scale autonomous rides in the Las Vegas market, although actual deployment and profitability remain uncertain. Nevada approves Tesla, Uber and Waymo robotaxis
• Positive Sentiment: Investor and analyst commentary remains supportive. Uber was selected as a “Stock to Study” by BetterInvesting Magazine, while CNBC commentary and Jim Cramer remained favorable toward the company’s long-term prospects. These endorsements are secondary catalysts but may reinforce positive sentiment following Uber’s recent earnings beat.
• Neutral Sentiment: Uber monetized part of its Aurora investment. The company sold approximately $472 million of Aurora Innovation stock while retaining more than 186 million shares. The transaction provides liquidity and may crystallize gains, but it also reduces Uber’s exposure to a key autonomous-driving investment. Uber sells $472 million of Aurora stock
• Negative Sentiment: A Dutch regulator imposed an €825 million ($966 million) fine. The penalty alleges Uber violated European data-protection rules by automatically suspending drivers without adequate notice or human review. The fine creates a sizable financial and compliance liability and could require changes to Uber’s driver-account procedures. Dutch regulator fines Uber for automated suspensions
• Negative Sentiment: Reports about algorithmic pricing add reputational and regulatory risk. Coverage of Uber’s AI-driven upfront pricing could increase scrutiny over how fares and driver pay are determined, particularly alongside the driver-suspension ruling. While dynamic pricing can support revenue optimization, concerns about transparency may pressure Uber to modify its systems.

About Uber Technologies

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.