Brown Advisory released its second-quarter 2025 investor letter, highlighting the performance of its Large-Cap Growth Strategy. The strategy returned 16% during the quarter, slightly underperforming the benchmark. Uber Technologies, Inc. was one of the stocks featured, with a one-month return of 2.87% and shares gaining 36.77% over the last 52 weeks.

In the investor letter, Brown Advisory praised Uber Technologies, Inc. for its solid quarter, showcasing strength in its core rideshare and delivery businesses. The company reported healthy growth in trips and bookings, with robust demand and expanding margins. Despite some volatility, Uber’s business remains resilient, with no signs of a consumer slowdown.

Uber Technologies, Inc. is ranked 10th on the list of 30 Most Popular Stocks Among Hedge Funds. 152 hedge fund portfolios held Uber Technologies, Inc. at the end of the second quarter. While the company shows investment potential, certain AI stocks may offer greater upside potential with less downside risk. Consider exploring undervalued AI stocks for investment opportunities.

Read more at Yahoo Finance: Here’s What Sent Uber Technologies (UBER) Higher