Uber Technologies, Inc. (UBER) earnings on May 6, 2026

Before the market opens Q1 2026

More Uber Technologies, Inc. earnings

Prior outlook: No statistical edge

UBER shares surged significantly after its earnings report. The strong gains occurred even without a clear expectation beforehand.

UBER price around the earnings

79.17

Change: +8.4%

2026-05-06, 20:00 UTC

Start of the measured window End of the measured window
73.04 75.54 78.03 80.53 73.04
Price series around the eventClosing price per minute from before the event to the end of the measured window.
May 6, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published

High analyst targets, but weak price trend.

Analysts project significant price increases, but the stock has shown weak relative strength and a concerning trend leading up to earnings. There's also a risk of too much retail investor interest.

Context analyzed before publication

Summary
Strong analyst optimism, but weak stock performance.
Reasoning
Analysts point to an optimistic scenario for Uber, but the stock is performing poorly compared to the market. Its history of earnings is mixed, creating uncertainty despite the strong analyst backing.
Playbook
Analysts are highly positive, while the stock's underperformance and mixed earnings history present a contrasting picture.
Trend
Pessimistic trend accelerating, analyst confidence dropping.

Analysts

Drivers

  • Analysts Positive

    A large number of analysts maintain buy recommendations, with a price target about the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.52
Analysts covering the stock
51
Average price target
104
Lowest price target
70
Highest price target
150
Upside to price target
42.6%
Quarterly earnings growth
-95.7%
Revenue growth
20.1%
Forward EPS
4.31
Trailing EPS
4.73
Analyst moves in the last 60 days
5
  • Strong buy: 10
  • Buy: 36
  • Hold: 7
  • Sell: 1
  • Strong sell: 0
Strong buy
10
Buy
36
Hold
7
Sell
1
Strong sell
0
  • May 1, 2026 · UBS: Maintains rating (Buy → Buy)
  • April 28, 2026 · Citizens: Reiterates rating (Market Outperform → Market Outperform)
  • April 27, 2026 · Guggenheim: Reiterates rating (Buy → Buy)
  • March 30, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • March 17, 2026 · BTIG: Reiterates rating (Buy → Buy)

News and sentiment

Drivers

  • News & sentiment Neutral

    There is limited company-specific news, with general market trends being the primary focus.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (5)
  • Uber Earnings Prediction Market Preview: What Will Dara Khosrowshahi Say? — Benzinga
  • Uber, Santander Fuel Europe Expansion With Billion-Dollar Funding—Autonomous Play Brewing — Benzinga
  • Santander and Uber establish up to €1 billion financing platform to support European fleet growth — Benzinga
  • Uber, Exxon Mobil, Illumina, Diamondback Energy: CNBC's 'Final Trades' — Benzinga
  • CNBC Halftime Report Final Trades: Uber Technologies, Illumina, Diamondback Energy, Exxon Mobil — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock is significantly underperforming the broader market, showing a strong negative trend over recent periods.

Evidence

Average true range (ATR)
2.8%
Distance to 52-week high
-28.5%
14-day change (14d)
-4.6%
30-day change
+0.9%
30-day relative strength
-9.6%
Benchmark change
+10.4%
Nearest support
68.48
Nearest resistance
78.76
Volume accumulation ratio
1.17

Trends

Evidence

Average earnings surprise
+90.3%
  • February 4, 2026: actual EPS 0.71 vs estimate 0.79 (surprise -9.6%)
  • November 4, 2025: actual EPS 3.11 vs estimate 0.69 (surprise +353.2%)
  • August 6, 2025: actual EPS 0.63 vs estimate 0.62 (surprise +1.1%)
  • May 7, 2025: actual EPS 0.81 vs estimate 0.69 (surprise +16.5%)

Expected move

Drivers

  • Past earnings Neutral

    The company has a decent beat rate historically, but a recent miss and volatile surprise figures add some uncertainty.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
5.3%
75th percentile move
8.4%
90th percentile move
11.6%
Up / down moves
9 / 10
Average up move
+7.8%
Average down move
-5.2%

Monitoring and close

What Uber Technologies, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Consolidated
+8.9%
Max move
+9.7%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.