Upside case
Bull case
$93+29.4%
UBER would need investors to value it at roughly 28x earnings — about 6x more generous than today's 22x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Uber Technologies, Inc. (UBER) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
61
analysts
50 bullish · 0 bearish · 61 covering UBER
Strong Buy
1
Buy
49
Hold
11
Sell
0
Strong Sell
0
Consensus Target
$102
+42.3% vs today
Scenario Range
$44 – $93
Model bear to bull value window
Coverage
61
Published analyst ratings
Valuation Context
21.6x
Forward P/E · Market cap $148.4B
UBER price targets
Three scenarios for where UBER stock could go
Current
~$72
Confidence
65 / 100
Updated
Jun 18, 2026
Where we are now
Current · $72
Bear
$44
Base
$70
Bull
$93
Market caseClosest to today
Base case
$70-1.8%
This is close to how the market is already pricing UBER — at roughly 21x forward earnings. No dramatic re-rating needed, just steady execution on the core business.
Stress case
Bear case
$44-38.1%
If investor confidence fades or macro conditions deteriorate, a 8x multiple contraction could push UBER down roughly 38% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Uber Technologies, Inc.
UBER · NYSETechnologySoftware - ApplicationDecember year-end
Uber operates a global platform connecting riders with drivers for transportation and connecting consumers with restaurants and stores for delivery services. It generates revenue primarily from its Mobility segment — taking a commission from ride fares — and its Delivery segment — taking fees from restaurant and grocery orders, with both segments contributing roughly equal shares. Its key advantage is its massive two-sided network effect — the more drivers and restaurants on the platform, the better the service for consumers, creating a powerful moat that's difficult for competitors to replicate at scale.
Market Cap
$148.4B
Revenue TTM
$53.7B
Net Income TTM
$8.5B
Net Margin
15.9%
UBER Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
75%Exceptional
12 quarters tracked
Revenue Beat Rate
75%Exceptional
vs consensus estimates
Avg EPS Surprise
+256.5%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 3 of 4Q3 2025
EPS
$0.63/$0.63
Revenue
$12.7B/$12.5B
Q4 2025
EPS
$3.11/$0.69
Revenue
$13.5B/$13.3B
Q1 2026
EPS
$0.14/$0.79
Revenue
$14.4B/$14.3B
Q2 2026
EPS
$0.72/$0.69
Revenue
$13.2B/$13.3B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.63/$0.63 | +0.2% | $12.7B/$12.5B | +1.4% |
| Q4 2025 | $3.11/$0.69 | +350.7% | $13.5B/$13.3B | +1.4% |
| Q1 2026 | $0.14/$0.79 | -82.2% | $14.4B/$14.3B | +0.3% |
| Q2 2026 | $0.72/$0.69 | +3.9% | $13.2B/$13.3B | -0.6% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$60.4B
+12.6% YoY
FY2
$67.3B
+11.3% YoY
EPS Outlook
FY1
$3.85
-6.7% YoY
FY2
$4.83
+25.6% YoY
Trailing FCF (TTM)$9.8B
FCF Margin: 18.3%
Next Earnings
August 5, 2026
Expected EPS
$0.84
Expected Revenue
$14.2B
UBER beat EPS estimates in 3 of 4 tracked quarters. A strong delivery record supports forward estimate credibility.
UBER Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $52.0B
Product Mix
Latest annual revenue by segment or product family
Mobility
57.0%
+18.3% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
United States And Canada
58.2%
+112.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
Mobility is the largest disclosed segment at 57.0% of FY 2025 revenue, up 18.3% YoY.
United States And Canada is the largest reported region at 58.2%, up 112.7% YoY.
UBER Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $164 — implies +128.4% from today's price.
Upside to Fair Value
128.4%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
UBER
15.1x
vs
S&P 500
24.4x
38% discount
vs Technology Trailing P/E
UBER
15.1x
vs
Technology
29.0x
48% discount
vs UBER 5Y Avg P/E
Today
15.1x
vs
5Y Average
33.8x
55% discount
Forward PE
21.6x
S&P 500
18.8x
+15%
Technology
22.3x
-3%
5Y Avg
—
—
Trailing PE
15.1x
S&P 500
24.4x
-38%
Technology
29.0x
-48%
5Y Avg
33.8x
-55%
PEG Ratio
—
S&P 500
1.66x
—
Technology
1.51x
—
5Y Avg
—
—
EV/EBITDA
24.4x
S&P 500
15.2x
+61%
Technology
16.6x
+47%
5Y Avg
45.5x
-46%
Price/FCF
15.2x
S&P 500
20.7x
-27%
Technology
19.2x
-21%
5Y Avg
50.0x
-70%
Price/Sales
2.9x
S&P 500
3.1x
-8%
Technology
2.4x
+17%
5Y Avg
3.2x
-10%
Dividend Yield
—
S&P 500
1.91%
—
Technology
1.11%
—
5Y Avg
—
—
| Metric | UBER | S&P 500 | Technology | 5Y Avg UBER |
|---|---|---|---|---|
| Forward PE | 21.6x | 18.8x+15% | 22.3x | — |
| Trailing PE | 15.1x | 24.4x-38% | 29.0x-48% | 33.8x-55% |
| PEG Ratio | — | 1.66x | 1.51x | — |
| EV/EBITDA | 24.4x | 15.2x+61% | 16.6x+47% | 45.5x-46% |
| Price/FCF | 15.2x | 20.7x-27% | 19.2x-21% | 50.0x-70% |
| Price/Sales | 2.9x | 3.1x | 2.4x+17% | 3.2x |
| Dividend Yield | — | 1.91% | 1.11% | — |
UBER trades above S&P 500 benchmarks on 2 of 5 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolUBER Financial Health
Verdict
Strong
UBER generates $9.8B in free cash flow at a 18.3% margin — 13.6% ROIC signals a durable competitive advantage · returns 4.4% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$53.7B
Revenue Growth
TTM vs prior year
+18.3%
Gross Margin
Gross profit as a share of revenue
41.0%
Operating Margin
Operating income divided by revenue
11.7%
Net Margin
Net income divided by revenue
15.9%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$4.12
Free Cash Flow (TTM)
Cash generation after capex
$9.8B
FCF Margin
FCF as share of revenue — the primary cash quality signal
18.3%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
13.6%
ROA
Return on assets, trailing twelve months
14.2%
Cash & Equivalents
Liquid assets on the balance sheet
$7.7B
Net Debt
Total debt minus cash
$5.7B
Debt Serviceability
Net debt as a multiple of annual free cash flow
0.6× FCF
~0.6 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
32.0%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
4.4%
Dividend
—
Buyback
4.4%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$6.5B
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Declining as buybacks retire shares
2.1B
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageUBER Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 17, 2026
High Risk
Stock volatility
Uber's stock has dropped by more than 30% within less than two months on multiple occasions in recent years, indicating high volatility.
High Risk
Regulatory risks
As the largest ridesharing company, Uber faces significant regulatory scrutiny and potential legal challenges across multiple markets.
Medium
Operational risks
Coordinating 42 million daily trips and deliveries exposes Uber to operational inefficiencies and service disruptions.
Medium
Driver and courier reliance
Uber's business model depends heavily on maintaining relationships with 10 million active drivers and couriers, which could be disrupted.
Lower
Competitive pressures
Despite its market leadership, Uber faces intense competition in both ridesharing and food delivery sectors.
Lower
Economic sensitivity
Consumer spending on rides and deliveries may decline during economic downturns, impacting Uber's revenue.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why UBER Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 17, 2026
Network effects and scale
Uber's massive user base of over 202 million monthly active users and 10 million active drivers creates strong network effects, reinforcing its market dominance.
Profitability improvements
The company has demonstrated improving profitability and operating leverage, contributing to stock price appreciation and strengthening fundamentals.
Autonomous vehicle upside
Uber stands to benefit from future advancements in autonomous vehicles, which could significantly reduce costs and improve margins.
Recurring revenue streams
Uber has transformed into a profitable global logistics platform with strong recurring revenue streams and multiple monetization levers.
Daily transaction volume
Coordinating an average of 42 million trips and delivery orders daily highlights Uber's operational scale and revenue potential.
Diversified platform offerings
Uber's platform spans ridesharing, food delivery (Uber Eats), and logistics, providing multiple growth avenues and revenue diversification.
Strong growth trajectory
The company's moat and growth trajectory are reinforced by multiple catalysts, positioning it for sustained upside potential.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
UBER Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$71.64
52W Range Position
13%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$67.19
+6.6% from the low
52-Week High
$101.99
-29.8% from the high
1 Month
-4.58%
3 Month
-6.55%
YTD
-13.5%
1 Year
-14.1%
3Y CAGR
+19.3%
5Y CAGR
+7.6%
10Y CAGR
+5.6%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
UBER vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
21.6x
vs 30.4x median
-29% below peer median
Revenue Growth
+12.6%
vs +17.1% median
-26% below peer median
Net Margin
15.9%
vs 10.7% median
+49% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
UBE UBER Uber Technologies, Inc. | $148.4B | 21.6x | +12.6% | 15.9% | Buy | +42.3% |
LYF LYFT Lyft, Inc. | $5.4B | 23.4x | +14.9% | 43.8% | Hold | +25.5% |
DAS DASH DoorDash, Inc. | $75.6B | 68.3x | +17.2% | 6.3% | Buy | +45.5% |
GRA GRAB Grab Holdings Limited | $14.2B | 33.1x | +17.1% | 10.7% | Buy | +63.9% |
BOL BOLT Bolt Biotherapeutics, Inc. | $8M | — | +78.6% | -455.1% | Hold | +75.4% |
ABN ABNB Airbnb, Inc. | $84.5B | 27.8x | +11.1% | 19.9% | Buy | +8.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
UBER Dividend and Capital Return
UBER returns 4.4% annually — null% through dividends and 4.4% through buybacks.
Dividend UnknownFCF Unknown
Total Shareholder Yield
4.4%
Dividend + buyback return per year
Buyback Yield
4.4%
Dividend Yield
—
Payout Ratio
—
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.00
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
—
5Y Div CAGR
—
Ex-Dividend Date
—
Payment Cadence
—
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$6.5B
Estimated Shares Retired
91M
Approx. Share Reduction
4.4%
Shares Outstanding
Current diluted share count from the screening snapshot
2.1B
At 4.4%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
FAQ
7 questionsUBER Investor Questions
Common questions answered from live analyst data and company financials.
01Is Uber Technologies, Inc. (UBER) stock a buy or sell in 2026?
Uber Technologies, Inc. (UBER) is rated Buy by Wall Street analysts as of 2026. Of 61 analysts covering the stock, 50 rate it Buy or Strong Buy, 11 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $102, implying +42.3% from the current price of $72. The bear case scenario is $44 and the bull case is $93.
02What is the UBER stock price target for 2026?
The Wall Street consensus price target for UBER is $102 based on 61 analyst estimates. The high-end target is $125 (+74.5% from today), and the low-end target is $72 (+0.5%). The base case model target is $70.
03Is Uber Technologies, Inc. (UBER) stock overvalued in 2026?
UBER trades at 21.6x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Uber Technologies, Inc. (UBER) stock in 2026?
The primary risks for UBER in 2026 are: (1) Stock volatility — Uber's stock has dropped by more than 30% within less than two months on multiple occasions in recent years, indicating high volatility. (2) Regulatory risks — As the largest ridesharing company, Uber faces significant regulatory scrutiny and potential legal challenges across multiple markets. (3) Operational risks — Coordinating 42 million daily trips and deliveries exposes Uber to operational inefficiencies and service disruptions. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Uber Technologies, Inc.'s revenue and earnings forecast?
Analyst consensus estimates UBER will report consensus revenue of $60.4B (+12.6% year-over-year) and EPS of $3.85 (-6.7% year-over-year) for the upcoming fiscal year. The following year, analysts project $67.3B in revenue.
06When does Uber Technologies, Inc. (UBER) report its next earnings?
Uber Technologies, Inc. is expected to report its next earnings on approximately 2026-08-05. Consensus expects EPS of $0.84 and revenue of $14.2B. Over recent quarters, UBER has beaten EPS estimates 75% of the time.
07How much free cash flow does Uber Technologies, Inc. generate?
Uber Technologies, Inc. (UBER) generated $9.8B in free cash flow over the trailing twelve months — a free cash flow margin of 18.3%. UBER returns capital to shareholders through and share repurchases ($6.5B TTM).