Uber Technologies reports second-quarter 2026 earnings before the market opens at 8:00 a.m. ET today, with Wall Street expecting the ride-hailing and delivery giant to post earnings per share of $0.83 on revenue of $14.21 billion.
The earnings call comes as Uber stock trades near $72 per share, down roughly 12 percent year-to-date despite analyst expectations for significant upside. The consensus among 51 analysts surveyed by stock research platforms is a “Strong Buy” rating, with a 12-month price target around $103 to $104, implying potential gains of roughly 44 percent from current levels.
Uber guided for Q2 adjusted earnings per share in a range of $0.78 to $0.82 when it reported first-quarter results on May 6, 2026. The company beat that quarter with actual EPS of $0.72, exceeding the analyst expectation of $0.70. For Q2, the consensus estimate of $0.83 would represent growth of roughly 31 percent year-over-year, according to guidance provided at the May earnings call.
Revenue is projected to grow 12.3 percent year-over-year to $14.21 billion, according to analyst forecasts compiled by Zacks Investment Research. Uber’s gross bookings—the total value of rides and deliveries on its platform before costs—are expected to reach the midpoint of the company’s guided range of $56.25 billion to $57.75 billion, representing growth of 18 to 22 percent year-over-year.
Options markets are pricing in an implied one-day move of approximately 8.3 percent following the earnings announcement, in line with the 10-year historical average of 8.9 percent, according to earnings-watcher.com. This volatility reflects the scale of investor focus on the quarter, as tech companies across the sector have driven broader market movements through early August.
The earnings report arrives during a period of broader volatility in technology stocks. Year-to-date, Uber stock has underperformed despite analyst optimism about the company’s profitability trajectory. Wall Street forecasts that Uber’s operating income will grow 44 percent between 2025 and 2026, a pace significantly faster than projected sales growth, according to commentary from Motley Fool analysis published in December 2025. This operating leverage—the ability to grow profits faster than revenue—has been a key driver of analyst bullishness on the stock.
The company’s Q1 results earlier this year set a positive tone for the year. Beyond the EPS beat, Uber reported gross bookings growth of 25 percent year-over-year and revenue growth of 5 percent, though the latter was impacted by a $1.5 billion after-tax charge related to a legal settlement. Adjusted EBITDA—a key profitability metric for transportation and delivery companies—came in at $2.1 billion, up 35 percent year-over-year, signaling improving operational efficiency.
Sources
- Uber Investor Relations — official announcement of Q2 2026 earnings date and time (August 5, 8:00 a.m. ET)
- AlphaStreet — Wall Street consensus EPS estimate of $0.83 for Q2 2026
- Zacks Investment Research — consensus revenue estimate of $14.21 billion and 12.3% year-over-year growth
- Earnings-Watcher.com — implied volatility of ±8.3% for Uber stock on earnings day
- Public.com — Q1 2026 actual EPS of $0.72 versus expected $0.70; guidance for Q2 adjusted EPS range of $0.78 to $0.82
- 247wallst.com — Uber stock year-to-date decline of 11.69% as of early July 2026
- Stock Analysis / MarketBeat — analyst consensus rating of “Strong Buy” with 12-month price target of $103–$104
- Motley Fool — Wall Street forecast of 44% operating income growth between 2025 and 2026
- CNBC — Q1 2026 results detail: gross bookings growth of 25% YoY, adjusted EBITDA of $2.1 billion up 35% YoY
