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

Uber Technologies (NYSE:UBER) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (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 Price Performance

Shares of Uber Technologies stock opened at $72.00 on Wednesday. Uber Technologies has a 1-year low of $65.41 and a 1-year high of $101.99. The firm’s 50-day moving average price is $71.83 and its two-hundred day moving average price is $73.94. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $146.56 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 6.54 and a beta of 1.13.

Uber Technologies (NYSE:UBER) last announced 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 business had revenue of $14.19 billion during 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 firm’s revenue 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. On average, equities analysts predict that Uber Technologies will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the subject of a number of analyst reports. TD Cowen reaffirmed a “buy” rating and set a $118.00 price objective on shares of Uber Technologies in a research note on Thursday, July 16th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating on the stock. Wells Fargo & Company lowered their price objective on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, July 6th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, Bank of America lowered 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. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.60.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber and autonomous-driving partner Wayve received licenses from Transport for London for supervised robotaxi rides using autonomous Ford Mustang Mach-E vehicles. The approval advances Uber’s robotaxi strategy and could support future growth in mobility. Wayve and Uber Move a Step Closer to Autonomous Rides in London
• Positive Sentiment: Second-quarter revenue increased 12.2% year over year to $14.19 billion, while gross bookings rose 24% to $58.0 billion. Trips grew 18% to 3.9 billion and monthly active platform consumers climbed 16% to 208 million, demonstrating continued platform engagement. Uber Announces Results for Second Quarter 2026
• Positive Sentiment: Uber generated $2.9 billion in operating cash flow and $2.8 billion in free cash flow during the quarter. GAAP diluted EPS was $1.17, although it included a significant benefit from equity-investment revaluations.
• Neutral Sentiment: The company reaffirmed plans to invest more than $10 billion in autonomous vehicles over the coming years and is also pursuing acquisitions, including its previously announced $14.8 billion Delivery Hero transaction. These initiatives could expand Uber’s long-term addressable market but increase execution and capital-allocation risk. Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans
• Negative Sentiment: Uber forecast third-quarter EPS of $0.84 to $0.88, below the $0.91 analyst consensus. Gross bookings guidance of $58.25 billion to $60.25 billion was also slightly below expectations, while foreign-exchange pressure is expected to weigh on growth. Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
• Negative Sentiment: Reported adjusted EPS of $0.81 missed the $0.83 consensus, and revenue of $14.19 billion was modestly below the $14.24 billion estimate. Management also cited intense competition in Brazil, which restrained trips growth.
• Negative Sentiment: Investors remain concerned about Waymo’s planned move to operate its own robotaxi app, potentially increasing competition and challenging Uber’s autonomous-ride ambitions.

Institutional Investors Weigh In On Uber Technologies

Several hedge funds have recently added to or reduced their stakes in UBER. Schnieders Capital Management LLC. acquired a new position in shares of Uber Technologies in the second quarter valued at $842,000. Revolve Wealth Partners LLC lifted its position in Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC lifted its position in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares during the period. Finally, Pin Oak Investment Advisors Inc. boosted its holdings in shares of Uber Technologies by 1,166.1% during the third quarter. Pin Oak Investment Advisors Inc. now owns 747 shares of the ride-sharing company’s stock worth $73,000 after acquiring an additional 688 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

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.