Uber Technologies, Inc. (UBER) Outlines Its Strategic Vision at Morgan Stanley Conference

As of the extremity of the 4th fourth of 2025, Uber Technologies, Inc. (NYSE:UBER) ranked arsenic the second-largest concern of Pershing Square. The hedge money held implicit 30.21 cardinal shares of Uber Technologies, Inc. (NYSE:UBER), somewhat trimming its involvement from the erstwhile 4th to astir $2.47 billion.

Pershing Square pinpointed Uber Technologies, Inc. (NYSE:UBER) successful its 2025 yearly study arsenic a high-quality, capital-light level supported by beardown web effects. The steadfast further asserted that third-party AV integrations volition apt thrust superior fleet utilization and important operating leverage. Additionally, Pershing Square besides highlighted the company’s 20% constant-currency bookings growth, 13.6 cardinal yearly trips, and a robust 50% emergence successful operating nett successful 2025. The study noted that the hedge money created a presumption successful Uber successful aboriginal 2025 arsenic it viewed the valuation arsenic attractive.

Their telephone played good till September 2025, erstwhile the banal rallied to astir $100 from $75 levels successful aboriginal 2025. But the banal has fixed up those gains and is present marginally down implicit the past 1 year.

Their study besides highlighted the supporting factors for Uber's concern case. It argued,

We judge that AV exertion volition not beryllium a winner-take-all exemplary and that third-party networks, and Uber successful particular, person a invaluable relation to play. The banal marketplace intelligibly underappreciates the durability of Uber’s moat, the magnitude of its net growth, and the strategical relation it volition play successful shaping the aboriginal of mobility.  Uber presently trades astatine little than 20 times our estimation of net per share, which is simply a bargain comparative to our anticipation that Uber volition make 30% oregon greater yearly net per stock maturation implicit the medium-term.

Meanwhile, astatine the Morgan Stanley Technology, Media & Telecom Conference connected March 2, 2026, CFO Balaji Krishnamurthy articulated Uber Technologies, Inc. (NYSE:UBER)’s strategical pillars: reinvestment successful the halfway business, spending connected autonomous conveyance technology, disciplined mergers and acquisitions, shareholders' returns, and maintaining an investment-grade equilibrium sheet.