(UBER) News Today

Bill Ackman added a position in Uber Technologies (NYSE:UBER) to the Pershing Square Capital Management investment fund (NYSE:PSUS) in the first quarter of 2025. With Uber remaining one of the largest positions for the hedge fund, Ackman couldn't help but agree with a recent social media post about the stock looking attractive at current levels.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8) saw its price target lowered to $101 from $103 by Bank of America, which maintained a ‘Buy' rating following the company's second quarter results, with the analysts citing a lower valuation multiple despite raising their earnings estimates. Shares traded at about $71 on Thursday afternoon, up about 4%.

Uber Technologies, Inc.  (NYSE:UBER) shares are consolidating on Thursday. They dropped more than 5% after the company reported earnings yesterday.

Rivian began delivering its R2 SUVs in June. Uber plans to buy up to 50,000 of those SUVs over the next few years.

UBER's Q2 call spotlights AV scale, 22% bookings growth and widening profitability, alongside stronger mobility and cross-platform engagement.

Uber is leaving its tokenmaxxing era behind, a top executive says. Its CTO said AI adoption at the company has quadrupled, but efficient use is now being prioritized.

On Aug. 5, 2026, the ride-hailing giant's profit outlook disappointed investors even as gross bookings surged 24% and revenue hit $14.2 billion.

Rivian's deal with Uber could put the EV company on the path to becoming a leader in robotaxis. Despite significant upside potential, a lot could go wrong for Rivian over the next few years.

Uber's Q2 earnings jump 86% as gross bookings increase 24%, but revenues narrowly miss estimates despite broad platform growth.

Lucid stock has struggled mightily over the long term. Management believes robotaxis will revitalize its business.

Autonomous cars continue to dominate conversations around Uber Technologies Inc.‘s (NYSE:UBER) future, but CEO Dara Khosrowshahi says another technology may deliver an even more noticeable upgrade for consumers: drones.

Uber shares are down 20% this year. The company is chasing a $10 trillion opportunity.

Robotaxis are set to debut on the streets of London after Wayve was granted minicab licences by Transport for London (TfL).

Uber Technologies (UBER) stock is under pressure on Wednesday morning, weakness that is being attributed primarily to the company's disappointing Q2 earnings. The ride-hailing giant reported $14.19 billion in revenue for its second quarter – missed the consensus estimate set at $14.24 billion – on essentially in-line 81 cents a share of earnings (EPS).

Uber Technologies, Inc. delivered strong Q2 growth and margin expansion despite headline revenue and EPS misses, largely due to U.K. tax headwinds. Underlying operational metrics remain robust, with 16% MAPC growth, 18% trip growth, and operating income up 30% year-over-year. UBER's "super app" strategy and potential Delivery Hero acquisition offer optionality, while core markets and margin expansion remain solid growth drivers.

Uber Technologies, Inc. (UBER) Q2 2026 Earnings Call Transcript

Uber Chief Executive Officer Dara Khosrowshahi says the business continues to grow and they're doing 300 million trips per week. But he admits there was a trip slowdown in Brazil because of more competition from local food delivery bikers.

Uber Technologies shares dropped after the company issued a bookings outlook that just met analyst estimates. Trips volume also fell short in the second quarter.

Uber kept its AI spending "broadly stable" in the second quarter, its CFO said on Wednesday. The ride-hailing company is using cheaper models and asking employees to manage their spending.

The headline numbers for Uber (UBER) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8) shares fell about 6% in early trading Wednesday after the ride-hailing company issued a third quarter outlook that fell short of some Wall Street expectations, overshadowing better-than-expected gross bookings and adjusted EBITDA in the second quarter. For the third quarter, Uber expects adjusted EPS of $0.84 to $0.88, below the Wall Street average estimate of $0.89.

Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the consumer, the company's autonomous vehicle investment, and more.

Uber Technologies (UBER) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.63 per share a year ago.

Uber Technologies shares fell early Wednesday, despite the ride-hailing company registering earnings a tad above Wall Street estimates in the second quarter as a jump in passengers and deliveries boosted revenue.

Uber stock fell after its Q2 results missed estimates for revenue and its growth forecast came up short of prior expectations.

Uber stock declines as the ride-hailing company reports mostly in-line second-quarter earnings and guidance.

Uber Technologies notched higher revenue in second quarter, driven by growth in its delivery business as the company continues to grow volumes and active users.

Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations. The company said bookings in the third quarter will be $59.25 billion at the midpoint of the range, trailing the average estimate of $59.33 billion, according to FactSet.

Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions.

SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2026. “Uber's platform advantage continues to compound: record consumers and engagement, and profitable growth across our business,” said Dara Khosrowshahi, CEO. “In fact, we've added more first-time users over the past twelve months than in any period over the past five years. We're investing from a position of strength, as we accelerate our cross-platform strat.

Transport for London granted private-hire vehicle licenses to a number of Wayve's autonomous vehicles, which will operate with a private-hire driver behind the wheel to take control when necessary.

LONDON--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) and Wayve's partnership to bring autonomous rides to London has taken an important step forward after Transport for London (TfL) granted Private Hire Vehicle licences to a number of Wayve's autonomous all-electric Ford Mustang Mach-E vehicles. The cars, which are equipped with the Wayve AI Driver and surround cameras and radar, were inspected to confirm that these vehicles meet all of TfL's policy and safety standards. The licensing.

Uber Technologies, Inc. (NYSE:UBER) will release its second quarter earnings report before the opening bell on Wednesday, Aug. 5.

Waymo is reportedly exploring its options to end its partnership with Uber in Austin and Atlanta, which suggests Waymo is trying to own the customer through vertical integration. At the beginning of this decade, robotaxis were available in just 1 city in the entire world. Today, that number has risen to more than 20. Robotaxi growth is very real, and Waymo seems likely to maintain its position as a leading robotaxi developer in the long run.

Rather than investing heavily in developing its own driverless vehicles, Uber plans to partner with multiple companies. Waymo is essentially pulling back from its partnership with Uber and is opting to compete against the company in certain markets.

The gig economy offers numerous advantages. If you wish to make the most of this rising trend, focusing on stocks like ETSY, UBER and DASH appears judicious.

Massachusetts imposes ‘sectoral bargaining' on ride-share workers, who may find themselves government by agreements they never signed up for.

Aside from Q2 earnings season reaching its busiest week of the cycle, we're also upon a new Jobs Week.

Uber's scale, profitability, and diversification make it the stronger long-term ride-sharing investment. Robotaxis may strengthen Uber's competitive edge thanks to its massive network and autonomous partnerships.

Stock futures are pointing to a higher open to kick off August trading as investors look ahead to a packed week of earnings reports; oil prices are tumbling after the U.S. paused strikes on Iran over the weekend; SpaceX is due to reports earnings for the first time this week, headlining a busy week of corporate results; Palantir is scheduled to release its earnings report after the closing bell today; and shares of AstraZeneca and Bristol-Myers Squibb are moving sharply following a report that the pharmaceutical giants have discussed a potential merger. Here's what you need to know today.

Artificial intelligence has become the lens through which investors view almost every technology company.

A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly BI Tech Memo newsletter here.

Uber Technologies has underperformed due to self-driving vehicle risks, creating a potential long-term value opportunity. UBER maintains strong business fundamentals, diversified services, and attractive growth, profitability, and valuation grades. I see UBER as a buy with a fair value estimate of $90-$100/share based on FCF levels today and ten years of future growth.

Uber has partnered with — and in some cases made direct investments in — more than 30 autonomous vehicle companies over the past two years. And it's taking a global approach.

In pushing back against mass autonomous vehicle deployment efforts, labor unions have found an unlikely ally in Uber. A bill being considered by the D.C. local government is a prime example, focused on the effects of autonomous-driving technologies on wages and employment of drivers in a city where gig work is a major part of the economy.

Uber heads into Q2 earnings with strong bookings growth and robotaxi expansion, but tariffs, fuel costs and competition cloud the near-term outlook.

Beyond analysts' top-and-bottom-line estimates for Uber (UBER), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.

Uber Technologies (UBER) closed the most recent trading day at $70.37, moving 1.17% from the previous trading session.

Year over year headline PCE at +3.7% was in-line with expectations, the lightest since March but still elevated.

Uber is investing up to $1.2 billion on the contingency that certain performance milestones are met. Initially, Uber plans to order 10,000 vehicles from Rivian for its robotaxi fleet, and up to 40,000 more.