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Uber Technologies, Inc. (UBER), headquartered in San Francisco, California, develops and operates proprietary technology applications and provides ride-hailing services. Valued at $196.2 billion by market cap, the company develops applications for road transportation, navigation, ride-sharing, and payment processing solutions. The ride-hailing giant is expected to announce its fiscal third-quarter earnings for 2025 before the market opens on Tuesday, Nov. 4.
Ahead of the event, analysts expect UBER to report a profit of $0.67 per share on a diluted basis, down 44.2% from $1.20 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect UBER to report EPS of $2.90, down 36.4% from $4.56 in fiscal 2024. However, its EPS is expected to rise 19.7% year over year to $3.47 in fiscal 2026.
UBER stock has underperformed the S&P 500 Index’s ($SPX) 13.4% gains over the past 52 weeks, with shares up 11% during this period. Similarly, it underperformed the Technology Select Sector SPDR Fund’s (XLK) 20.4% gains over the same time frame.
On Aug. 6, UBER shares closed down marginally after reporting its Q2 results. Its EPS of $0.63 beat Wall Street expectations of $0.62. The company’s revenue was $12.7 billion, beating Wall Street's $12.5 billion forecast.
Analysts’ consensus opinion on UBER stock is bullish, with a “Strong Buy” rating overall. Out of 49 analysts covering the stock, 34 advise a “Strong Buy” rating, four suggest a “Moderate Buy,” and 11 give a “Hold.” UBER’s average analyst price target is $109, indicating a potential upside of 15.6% from the current levels.
