Uber Technologies (NYSE:UBER) Issues Q3 2026 Earnings Guidance

Uber Technologies (NYSE:UBER) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.840-0.880 for the period, compared to the consensus estimate of 0.910. The company issued revenue guidance of -.

Uber Technologies Stock Down 5.6%

Shares of Uber Technologies stock traded down $4.06 during trading hours on Wednesday, reaching $67.93. 40,539,721 shares of the company were exchanged, compared to its average volume of 19,423,238. The firm has a market cap of $138.29 billion, a PE ratio of 16.97, a PEG ratio of 6.54 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies has a 1 year low of $65.41 and a 1 year high of $101.99. The stock’s fifty day moving average is $71.83 and its 200 day moving average is $73.94.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.02). Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts forecast that Uber Technologies will post 2.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on UBER shares. Tigress Financial upped their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Truist Financial increased their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a report on Friday, May 29th. Finally, US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.60.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Strong bookings and user growth: Second-quarter gross bookings rose 24% year over year to approximately $58.0 billion, trips increased 18% to 3.9 billion, and monthly active platform consumers grew 16% to 208 million. Adjusted EBITDA reached about $2.8 billion, while operating cash flow was $2.9 billion and trailing free cash flow exceeded $10 billion. Uber Q2 Revenue Rises 12% as GAAP Diluted EPS Hits $1.17
• Positive Sentiment: London robotaxi progress: Transport for London granted licenses for Wayve autonomous vehicles to conduct supervised private-hire rides through Uber’s platform, providing a concrete step toward commercial autonomous mobility. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: Cost discipline in AI: Uber’s CFO said AI spending remained broadly stable as the company uses less expensive models and encourages employees to manage costs, potentially supporting margins as automation expands. Uber Keeps AI Spending Stable Using Cheaper Models
• Neutral Sentiment: CEO Dara Khosrowshahi described drone delivery as a potential “magical experience,” but the opportunity remains longer term and is not yet a material earnings driver. Uber CEO Says 15-Minute Drone Delivery Will Be a Magical Experience
• Negative Sentiment: Weak guidance overshadowed the quarter: Uber reported $14.19 billion in revenue and adjusted EPS of $0.81, slightly below consensus estimates. Third-quarter adjusted EPS guidance of $0.84–$0.88 was below the roughly $0.89 analyst expectation, while bookings guidance was also modestly below forecasts. Foreign-exchange pressure is expected to weigh on growth. Uber Issues Weaker-than-Expected Bookings and Earnings Forecasts
• Negative Sentiment: Higher strategic spending and competition: Uber plans substantial investment in robotaxis while pursuing its $14.8 billion Delivery Hero acquisition, raising concerns about capital allocation and future margins. A slowdown in Brazil linked to local competitors and uncertainty surrounding Waymo’s partnership also cloud Uber’s autonomous-vehicle strategy. Uber Forecasts Weak Quarterly Profit and Doubles Down on Robotaxi Investments

Institutional Trading of Uber Technologies

Large investors have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at approximately $25,000. SWAN Capital LLC raised its position in Uber Technologies by 265.0% in the 4th quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after purchasing an additional 265 shares during the last quarter. Imprint Wealth LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at $32,000. Swiss RE Ltd. acquired a new stake in Uber Technologies during the 4th quarter worth $37,000. Finally, Litman Gregory Wealth Management LLC purchased a new position in Uber Technologies during the 4th quarter worth $40,000. 80.24% of the stock is owned by institutional investors and hedge funds.

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.