Uber Technologies (UBER)

Uber Technologies (UBER; $99.72; E/W) posted Q3 adjusted EBITDA of $2,256mm (4.5% of sales), which was basically in line with our forecast of $2,250mm (4.6% of gross bookings) but slightly below the Street’s $2,267mm (4.6%…

We think news flow this week from Uber Technologies (UBER; $96.43; E/W) only adds attention to what management says on the autonomous rideshare front with its Q3 results and outlook on Tuesday (11/4 before market)….

We think Uber Technologies’ (UBER; $94.97; E/W) Q3 results and outlook, scheduled for Tuesday, November 4th (before market), live up to Street expectations, especially when it comes to EBITDA profits and margins. However, the stock…

Yesterday, Segments.ai, a multi-sensor data labeling platform, disclosed in a LinkedIn post that it was acquired by Uber Technologies (UBER; $97.50; E/W) for undisclosed terms. We think this acquisition is aimed at broadening the reach…

Yesterday (9/18), Uber Technologies (UBER; $97.68; E/W) announced a partnership with Flytrex to pilot the use of drones for Uber Eats deliveries in certain U.S. markets by the end of this year. As part of…

Yesterday, Uber Technologies (UBER; $92.81; E/W) announced a new on-demand delivery partnership with Best Buy (BBY; $74.46; NR), which we think represents Uber’s first major foray into the consumer electronics category. We also imagine that…

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…