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

Uber Technologies (NYSE:UBER) announced its earnings results on Wednesday. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $13.28 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. 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 Trading Down 1.6%

UBER stock traded down $1.23 during trading on Friday, hitting $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 market capitalization of $153.69 billion, a P/E ratio of 18.83, a PEG ratio of 5.88 and a beta of 1.16. Uber Technologies has a 52-week low of $68.46 and a 52-week high of $101.99. The company has a 50 day simple moving average of $74.17 and a 200-day simple moving average of $80.81. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Insider Activity

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 3.81% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter worth about $25,000. SWAN Capital LLC grew its holdings in Uber Technologies by 265.0% during the 4th quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock worth $30,000 after acquiring an additional 265 shares in the last quarter. Imprint Wealth LLC bought a new position in Uber Technologies during the 3rd quarter worth about $32,000. Swiss RE Ltd. bought a new position in Uber Technologies during the 4th quarter worth about $37,000. Finally, Litman Gregory Wealth Management LLC bought a new position in Uber Technologies during the 4th quarter worth about $40,000. 80.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UBER shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. Morgan Stanley reduced their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Weiss Ratings downgraded shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $105.40.

Key Uber Technologies News

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

• Positive Sentiment: Uber beat Q1 earnings expectations and issued a stronger-than-expected Q2 bookings outlook, suggesting continued demand in rideshare, delivery, and freight. Uber Jumps 7.6% After Stronger-Than-Expected Bookings Forecast
• Positive Sentiment: Uber Eats expanded its retail reach by adding more than 1,500 Ulta Beauty stores, which could boost same-day delivery volume and support growth beyond restaurant delivery. Uber Eats and Ulta Beauty Team Up to Deliver Beauty Essentials Nationwide
• Positive Sentiment: Uber One surpassed 50 million members, and those members now drive a large share of gross bookings, reinforcing the value of Uber’s subscription and loyalty ecosystem. Uber One Crosses 50 Million Members and Signals a Fundamental Business Transformation
• Positive Sentiment: Several analysts raised price targets or reiterated bullish ratings after the earnings report, signaling higher expectations for Uber’s long-term profitability and platform strength. Uber Zooms Ahead On Platform Strength, Analysts Revise Estimates After Q1 Print
• Neutral Sentiment: Uber-backed Lime filed for an IPO after revenue growth, which highlights the value of Uber’s broader mobility ecosystem, but it is not a direct near-term driver for Uber’s core earnings. Lime Files IPO After Revenue Climbs To $886.7 Million
• Neutral Sentiment: Uber’s management continued to emphasize autonomous vehicles as a long-term opportunity, but investors are still waiting for that potential to translate into clear financial results. Uber CEO Dara Khosrowshahi Sees ‘Trillion-Dollar’ Self-Driving Opportunity
• Negative Sentiment: News that Uber partner Avride is under investigation for self-driving crashes adds fresh caution around the autonomous-vehicle theme, which could weigh on sentiment toward Uber’s robotaxi strategy. Uber partner Avride is under investigation for self-driving crashes

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.