Uber Technologies (UBER)

We adjust our 2025/2026E EBITDA for Uber Technologies (UBER; $88.97; E/W) from $8.5B/$10.825B to $8.7B/$10.95B after the company reported Q2 results that were somewhat ahead of our and Street expectations with guidance that encompassed our…

Uber Technologies (UBER; $89.39; E/W) posted Q2 adjusted EBITDA of $2,119mm, which compared to the Street’s $2,107mm and our somewhat more conservative forecast of $2,067mm, on some sales and gross bookings (GB) upside and as expected EBITDA…

We think Uber Technologies (UBER; $90.59; E/W) reports Q2 results and outlook next Wednesday (8/6 before market) that live up to Street expectations when it comes to EBITDA profits and margins. However, the stock has…

This morning, Uber Technologies (UBER; $90.58; E/W) announced yet another robotaxi engagement, which seems to further highlight management’s heightened “sense of urgency” around building out autonomous services onto its networks across the globe. In this…

Yesterday (7/15), Uber Technologies (UBER; $92.21; E/W) announced a multi-year strategic partnership with Baidu (BIDU; $93.30; NR) to deploy “thousands” of Baidu’s Apollo Go autonomous vehicles (AVs) on Uber’s platform across “multiple” geographies excluding the…

This morning, Uber Technologies (UBER; $91.48; E/W) announced it is expanding on its grocery delivery service in the U.S. with the addition of several new partnerships, including Big Y and King Kullen in the Northeast,…

On Friday (6/20), Uber Technologies (UBER; $83.78; E/W) announced plans to further scale out its data labeling services business for enterprises that are training artificial intelligence (AI) models. Specifically, the company’s data services business, Uber…

We think recent news flow from and around Uber Technologies (UBER; $87.37; E/W) further highlights the significant opportunities for the company’s rideshare network to continue to evolve and diversify over the longer term. More to…

Yesterday (6/4), Uber Technologies (UBER; $83.93; E/W) announced the launch of senior accounts across the U.S., which is a new feature aimed at making the Uber app more accessible and intuitive for older adults by…

This morning, Uber Technologies (UBER; $88.80; E/W) announced it acquired Dantaxi, Denmark’s largest taxi operator, from private equity firm Triton under undisclosed terms. We think this announcement is especially important given Uber’s small market share…

Yesterday (5/14), Uber Technologies (UBER; $89.79; E/W) announced a strategic partnership with iFood, an on-demand delivery platform in Brazil, which is aimed at providing an easier on-demand rideshare and delivery experience for consumers in the…

Earlier today, management from Uber Technologies (UBER; $90.11; E/W) presented at its annual Go-Get Product Event, which focused on initiatives aimed at how the company can provide better affordability to customers through new product innovation…

We adjust our 2025/2026E EBITDA for Uber Technologies (UBER; $83.65; E/W) from $8.325B/$10.775B to $8.5B/$10.825B after the company produced some Q1 profit upside on better-than-expected EBITDA from Delivery (48% of gross bookings or GB) and…

Uber Technologies (UBER; $85.83; E/W) posted Q1 adjusted EBITDA of $1,868mm (4.4% of gross bookings), which was ahead of our forecast of $1,850mm (4.3% of gross bookings) and the Street’s $1,849mm (4.3% of gross bookings)….

We suggest approaching Q1 results and guidance from Uber Technologies (UBER; $85.71; E/W), scheduled for Wednesday (5/7 before market), with an extra degree of caution due to a range of recent evidence suggesting the U.S…