L1 Capital International Strategy: Uber (UBER) is a ‘Battleground’ Company

2 months ago 15

Soumya Eswaran

Thu, January 15, 2026 astatine 7:58 AM CST 3 min read

L1 Capital, an concern absorption firm, released its “L1 Capital International Fund” (unhedged) fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Strategy focuses connected investing successful high-quality companies with favorable cashflow-based valuations. The missive highlighted the existent concern environment, the Fund’s positioning, portfolio adjustments, and the quarterly (December) and yearly (2025) review. The steadfast considers valuation investigation indispensable for imaginable AI-focused investments; simply having condemnation successful AI isn't capable to guarantee a palmy concern outcome. In general, 2025 was a beardown twelvemonth for each banal markets globally. The money returned 2.2%, nett of fees, compared to 2.5% for the benchmark (MSCI World Net Total Return Index successful AUD). For the year, the money returned 9.8% (net of fees) compared to 12.4% for the Index. In addition, you tin cheque the Strategy’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, L1 Capital International Fund highlighted stocks specified arsenic Uber Technologies, Inc. (NYSE:UBER). Uber Technologies, Inc. (NYSE:UBER) is simply a multinational exertion institution that operates done mobility, delivery, and freight segments. On January 14, 2026, Uber Technologies, Inc. (NYSE:UBER) banal closed astatine $84.65 per share. One-month instrumentality of Uber Technologies, Inc. (NYSE:UBER) was 6.96%, and its shares gained 26.31% of their worth implicit the past 52 weeks. With astir 69.96 cardinal shares outstanding, Uber Technologies, Inc. (NYSE:UBER) has a marketplace capitalization of $177.47 billion.

L1 Capital International Fund stated the pursuing regarding Uber Technologies, Inc. (NYSE:UBER) successful its 4th fourth 2025 capitalist letter:

"Uber Technologies, Inc. (NYSE:UBER) is simply a ‘battleground’ company. Uber is intelligibly the person successful ridesharing and repast transportation networks successful the U.S. and galore markets globally today. Autonomous vehicles proceed to summation traction, with Waymo (Alphabet), Telsa and Zoox (Amazon.com) astatine the forefront, and galore different companies processing their ain autonomous conveyance strategies. Uber is moving with galore of these companies and is good placed to support its cardinal web relation successful a hybrid satellite of human-driven and autonomous vehicles. That said, we recognise the inherent uncertainties and presumption Uber arsenic a higher-risk, higher-return concern opportunity. Accordingly, Uber remains a smaller presumption successful the Portfolio and is not a apical 10 holding."

Can Uber’s (UBER) Booking Momentum Offset Profitability Pressure? Goldman Stays Constructive

Uber Technologies, Inc. (NYSE:UBER) is successful 10th presumption connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 143 hedge money portfolios held Uber Technologies, Inc. (NYSE:UBER) astatine the extremity of the 3rd quarter, compared to 152 successful the erstwhile quarter. While we admit the imaginable of Uber Technologies, Inc. (NYSE:UBER) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.