UBER · News · 20260805N
Guidance and Outlook
Uber Technologies, Inc · 2026-08-05 · Importance 51 · Surprise 60 · In source text
Uber forecast third-quarter gross bookings of approximately $59.25 billion at the midpoint, slightly below the $59.33 billion FactSet consensus. Third-quarter non-GAAP EPS guidance was $0.84 to $0.88, below some analyst expectations. Management said foreign exchange would reduce bookings growth in the current quarter. The weaker bookings and profit outlook overshadowed the second-quarter bookings and adjusted EBITDA beats.
Key facts
- Uber said bookings in the third quarter will be $59.25 billion at the midpoint of the range. source
- Reuters reported Uber forecasted current-quarter adjusted earnings below Wall Street estimates and said foreign exchange would trim bookings growth while reaffirming plans to invest heavily in robotaxis and acquisitions. source
- 24/7 Wall St. reported Uber provided Q3 guidance with non-GAAP EPS expected to be between $0.84 and $0.88. source
- Several articles reported Uber's stock fell between about 4.8% and 6% after the company issued softer-than-expected third-quarter earnings guidance despite strong Q2 performance. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | probable | — | Uber said bookings in the third quarter will be $59.25 billion at the midpoint of the range. |
| net_income | negative | probable | — | Reuters reported Uber forecasted current-quarter adjusted earnings below Wall Street estimates and said foreign exchange would trim… |
| revenue | negative | probable | — | Reuters reported Uber forecasted current-quarter adjusted earnings below Wall Street estimates and said foreign exchange would trim… |
| cash | negative | probable | — | Reuters reported Uber forecasted current-quarter adjusted earnings below Wall Street estimates and said foreign exchange would trim… |
| net_income | unclear | probable | — | 24/7 Wall St. reported Uber provided Q3 guidance with non-GAAP EPS expected to be between $0.84 and $0.88. |