Uber Technologies (NYSE:UBER) Releases Earnings Results, Beats Expectations By $0.03 EPS

by · The Cerbat Gem

Uber Technologies (NYSE:UBER – Get Free Report) released its quarterly earnings results on Wednesday. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03, FiscalAI reports. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period last year, the business earned $0.83 EPS. The company’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies updated its Q2 2026 guidance to 0.780-0.820 EPS.

Here are the key takeaways from Uber Technologies’ conference call:

  • Uber reported strong results with gross bookings up 21% YoY, non‑GAAP EPS +44% YoY, strong free cash flow and a record $3 billion share buyback this quarter.
  • Performance was broad‑based — Mobility accelerated to +20% with record margins, Delivery grew +23% led by grocery and retail, and Freight returned to growth after nearly two years.
  • Operational tailwinds include insurance cost improvements and renewed auto insurance pricing that management says are enabling price relief, increased elasticity and accelerating U.S. trip growth, notably in Los Angeles and California.
  • Platform engagement and monetization are strengthening with over 50 million Uber One members (growing ~50%), ~10 million drivers/couriers, and rising cross‑platform usage that drives higher spend and retention.
  • Uber is aggressively investing in strategic initiatives — increased AI spending, a push into autonomous vehicles with >30 partners and AV trips >10x YoY (targeting up to 15 cities by year‑end), plus financing/insurance/fleet efforts — which could drive long‑term value but raise near‑term investment needs and execution risks.

Uber Technologies Stock Performance

UBER stock traded down $1.23 during trading on Friday, reaching $75.50. The company had a trading volume of 16,188,673 shares, compared to its average volume of 16,557,664. The firm has a 50-day simple moving average of $74.17 and a 200-day simple moving average of $80.81. The company has a market cap of $153.69 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 5.88 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.07. Uber Technologies has a twelve month low of $68.46 and a twelve month high of $101.99.

Analysts Set New Price Targets

UBER has been the topic of a number of recent analyst reports. Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. Citigroup restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, March 17th. KeyCorp lowered their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Guggenheim restated a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a report on Monday, April 27th. Finally, Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $105.40.

Read Our Latest Stock Report on Uber Technologies

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is owned by company insiders.

Institutional Trading of Uber Technologies

A number of institutional investors have recently bought and sold shares of the stock. Northern Trust Corp boosted its stake in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Uber Technologies by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,592,712 shares of the ride-sharing company’s stock worth $1,192,370,000 after purchasing an additional 259,370 shares in the last quarter. Boston Partners raised its position in Uber Technologies by 2.9% during the 3rd quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company’s stock worth $923,919,000 after buying an additional 263,824 shares during the last quarter. Schroder Investment Management Group raised its position in Uber Technologies by 3.8% during the 4th quarter. Schroder Investment Management Group now owns 6,982,451 shares of the ride-sharing company’s stock worth $570,536,000 after buying an additional 254,289 shares during the last quarter. Finally, Marshall Wace LLP raised its position in Uber Technologies by 1,462.2% during the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after buying an additional 6,264,946 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Uber Technologies News

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

Uber Technologies Company Profile

(Get Free Report)

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.

Further Reading