Erste Group Bank Has Optimistic View of UBER FY2026 Earnings

Uber Technologies, Inc. (NYSE:UBER) – Equities researchers at Erste Group Bank upped their FY2026 earnings estimates for Uber Technologies in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the ride-sharing company will post earnings of $3.37 per share for the year, up from their previous forecast of $3.36. The consensus estimate for Uber Technologies’ current full-year earnings is $3.39 per share. Erste Group Bank also issued estimates for Uber Technologies’ FY2027 earnings at $4.42 EPS.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The company had revenue of $14.19 billion during the quarter, compared to the consensus estimate of $14.24 billion. During the same period last year, the firm earned $0.60 EPS. Uber Technologies’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS.

Several other equities analysts have also recently weighed in on UBER. Roth Capital reduced their price target on Uber Technologies from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, July 14th. Bank of America cut their target price on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Uber Technologies in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.14.

Uber Technologies Trading Down 0.6%

NYSE:UBER opened at $75.16 on Monday. The company has a market cap of $153.52 billion, a P/E ratio of 16.52, a P/E/G ratio of 6.09 and a beta of 1.16. The stock’s fifty day moving average price is $73.91 and its two-hundred day moving average price is $73.47. Uber Technologies has a 1 year low of $65.41 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UBER. California State Teachers Retirement System raised its position in shares of Uber Technologies by 6,342.7% during the 2nd quarter. California State Teachers Retirement System now owns 199,496,278 shares of the ride-sharing company’s stock valued at $14,395,651,000 after buying an additional 196,399,787 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the last quarter. Public Investment Fund bought a new stake in shares of Uber Technologies during the 2nd quarter worth $5,256,173,439. Geode Capital Management LLC grew its position in Uber Technologies by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after acquiring an additional 1,602,596 shares in the last quarter. Finally, Norges Bank purchased a new position in Uber Technologies in the fourth quarter worth $2,515,094,000. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Rosenblatt initiates Buy rating: Rosenblatt Securities began coverage with a $100 price target, implying substantial upside from recent levels. The firm views Uber as a durable, compounding platform with strong core mobility growth and a long runway before autonomous vehicles materially disrupt its business. Rosenblatt analyst rating
• Positive Sentiment: Autonomous-vehicle opportunity expands: Uber’s robotaxi strategy is gaining attention following its Dubai launch and collaboration with autonomous-vehicle partners. Avride reportedly has dozens of driverless Uber vehicles operating, reinforcing the possibility that Uber can serve as a marketplace and distribution platform for robotaxis rather than be displaced by them. Uber Dubai robotaxi analysis
• Positive Sentiment: Congressional buying and legal resolution: Representative Ro Khanna’s disclosures show multiple Uber purchases during June and July, a modest positive sentiment signal. Separately, Uber reportedly defeated litigation claims brought by Simon & Simon, potentially removing an overhang from that dispute. Congressional Uber purchases
• Neutral Sentiment: Analysts remain optimistic despite sector lag: Uber has underperformed the broader technology sector over the past year, but sell-side sentiment remains strongly positive. The company’s latest quarter showed 12% year-over-year revenue growth and slightly better-than-expected adjusted EPS, while third-quarter guidance remains an important test for renewed momentum. Uber sector performance analysis
• Negative Sentiment: Driver and labor-cost pressure: Atlanta rideshare drivers are asking officials to impose a fee of up to $1 on robotaxi rides to protect human-driver earnings as Waymo expands. In British Columbia, more than 1,000 Uber drivers have joined a union. These developments could increase regulatory, compensation and operating-cost risks for Uber. Atlanta rideshare driver concerns

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.