Cacti Asset Management LLC Raises Stock Holdings in Uber Technologies, Inc. $UBER

Cacti Asset Management LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 14.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,684 shares of the ride-sharing company’s stock after purchasing an additional 31,235 shares during the quarter. Uber Technologies comprises 0.9% of Cacti Asset Management LLC’s holdings, making the stock its 24th largest holding. Cacti Asset Management LLC’s holdings in Uber Technologies were worth $17,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GTS Securities LLC raised its holdings in Uber Technologies by 120.2% in the second quarter. GTS Securities LLC now owns 39,827 shares of the ride-sharing company’s stock worth $2,874,000 after purchasing an additional 21,742 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its position in shares of Uber Technologies by 1.3% during the second quarter. Meiji Yasuda Life Insurance Co now owns 14,605 shares of the ride-sharing company’s stock valued at $1,054,000 after buying an additional 183 shares during the last quarter. Thornburg Investment Management Inc. bought a new stake in shares of Uber Technologies in the 2nd quarter valued at about $11,330,000. Capital Advisors Inc. OK boosted its holdings in shares of Uber Technologies by 42.7% in the 2nd quarter. Capital Advisors Inc. OK now owns 559,087 shares of the ride-sharing company’s stock valued at $40,344,000 after buying an additional 167,264 shares in the last quarter. Finally, New Mexico Educational Retirement Board grew its position in shares of Uber Technologies by 6.1% in the 2nd quarter. New Mexico Educational Retirement Board now owns 102,400 shares of the ride-sharing company’s stock worth $7,389,000 after buying an additional 5,900 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Trending Headlines about 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 Stock Performance

UBER opened at $78.98 on Friday. Uber Technologies, Inc. has a 52-week low of $65.41 and a 52-week high of $101.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a market cap of $161.32 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 6.35 and a beta of 1.13. The firm’s 50-day moving average price is $73.72 and its 200-day moving average price is $73.43.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, beating 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 net margin of 17.34% and a return on equity of 43.36%. Uber Technologies’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm posted $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on UBER shares. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Truist Financial lifted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Mizuho set a $112.00 price target on Uber Technologies in a research report on Thursday, August 6th. Finally, 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 research report on Monday, August 10th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.25.

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.