Jacobi Capital Management LLC Takes Position in Uber Technologies, Inc. $UBER

Jacobi Capital Management LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,314 shares of the ride-sharing company’s stock, valued at approximately $528,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new position in Uber Technologies in the 4th quarter worth about $2,515,094,000. Marshall Wace LLP grew its stake in shares of Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after acquiring an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the period. Employees Provident Fund Board purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $265,205,000. Finally, Southpoint Capital Advisors LP purchased a new stake in Uber Technologies during the 1st quarter valued at $222,983,000. 80.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UBER has been the subject of several research reports. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Wolfe Research set a $100.00 price target on Uber Technologies in a report on Friday, May 29th. HSBC cut shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. Finally, Roth Capital decreased their price target on shares of Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. 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 issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Stock Down 0.1%

NYSE:UBER opened at $75.88 on Monday. The company has a market cap of $154.99 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 6.24 and a beta of 1.13. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a twelve month low of $65.41 and a twelve month high of $101.99. The stock has a fifty day simple moving average of $72.31 and a 200-day simple moving average of $73.43.

Uber Technologies (NYSE:UBER) 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. 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 for the quarter, compared to the consensus estimate of $14.24 billion. During the same period in the prior year, the firm earned $0.60 EPS. The company’s revenue for the quarter 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. Analysts anticipate that Uber Technologies, Inc. will post 3.33 EPS for the current year.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber and Chinese autonomous-driving company Pony.ai expanded their partnership, targeting the deployment of more than 2,000 robotaxis across Europe. The plan builds on the existing Zagreb service and adds four additional European cities, with potential expansion into the Middle East. The initiative could give Uber a scalable path into autonomous mobility without owning the entire vehicle fleet. China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe
• Positive Sentiment: Uber is also preparing a Tokyo robotaxi pilot for late 2026 with Japanese taxi operator Hinomaru Kotsu. The local partner will handle fleet operations, maintenance, charging and vehicle uptime, potentially helping Uber navigate Japan’s regulatory and operational requirements. Uber Partners with Hinomaru Kotsu for Robotaxi Pilot Deployment in Tokyo
• Positive Sentiment: Several investment analyses argue that Uber’s valuation looks attractive after the stock’s recent weakness. Supporters point to continued market-share gains, improving margins and more than $58 billion in second-quarter gross bookings, with Mobility, Delivery and Freight all contributing to growth. Uber Stock Looks Cheap. Here’s Why.
• Neutral Sentiment: Uber CEO Dara Khosrowshahi highlighted Japan as an important market for both Delivery and Mobility, reinforcing management’s broader strategy of using regional partners to expand robotaxi services. However, the European rollout and Tokyo pilot remain future deployments rather than near-term revenue catalysts.
• Negative Sentiment: Uber Freight is investigating a cybersecurity incident involving unauthorized access to certain internal systems and code repositories. The company said Freight operations were not disrupted and that the incident was contained, but the potential scope of compromised data remains under review. Separately, investors continue to debate whether autonomous vehicles could eventually pressure Uber’s driver-based network economics, despite the company’s partnerships. Uber Freight investigates cyber incident after hackers claim million-file leak

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.