Uber Technologies’ shares have gained 6.1% over the past month, outperforming the S&P 500’s 4.1% increase but slightly lagging behind the Internet Services industry’s 7.2% climb. While investors have shown renewed interest, analysts remain cautious about near-term performance.
According to Zacks Investment Research, Uber stock currently holds a Rank #3 (Hold) rating, suggesting it may move in line with the broader market in the coming weeks.
Earnings Estimate Revisions Remain Flat
Earnings estimate revisions—often a key driver of stock movement—have remained unchanged over the past 30 days. For the current quarter, Uber is projected to post $0.67 per share, representing a 44.2% decline year-over-year.
For the full fiscal year, analysts expect earnings of $2.90 per share, down 36.4% from the prior year. Looking ahead, 2026 earnings are forecast to rise 19.7% to $3.47 per share, indicating steady growth potential as operating margins improve.
Despite stable estimates, analysts note that Uber’s valuation remains high, which could limit upside momentum unless earnings growth accelerates in the second half of 2025.
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Revenue Growth Continues to Impress
Revenue momentum remains one of Uber’s strongest points. The consensus estimate calls for $13.25 billion in sales this quarter—an 18.5% increase from a year ago.
For the full fiscal year, revenue is projected at $51.41 billion, up 16.9%, and expected to reach $59.43 billion in 2026—an additional 15.6% gain. These figures underscore Uber’s ability to maintain double-digit growth despite rising competition in mobility and delivery services.
Strong Performance in Previous Quarters
Uber’s most recent quarterly report showed $12.65 billion in revenue, surpassing analyst estimates of $12.46 billion by 1.57%. The company reported earnings of $0.63 per share, exceeding expectations by 1.61%.
This marks the fourth consecutive quarter in which Uber beat consensus EPS estimates and the third out of four quarters it exceeded revenue targets.
Valuation Still a Concern
Zacks gives Uber a Value Style Score of D, indicating that the stock may be trading at a premium compared to peers. This suggests investors are pricing in continued revenue growth, even as profitability moderates.
Uber’s price-to-earnings and price-to-sales ratios remain higher than industry averages. Analysts caution that while growth prospects are attractive, the stock’s valuation leaves little room for disappointment if growth slows or margins compress.
Market View: A Hold for Now
While Uber continues to post solid revenue gains, stagnant earnings estimates and a premium valuation have led most analysts to take a neutral stance.
The company’s strong fundamentals—combined with its consistent earnings surprises—keep it positioned as a stable performer in the mobility sector, but not yet a compelling buy signal.
For investors seeking exposure to the tech-driven transport industry, Uber remains a steady hold rather than a breakout growth story—at least for now.
Sources:
Zacks Investment Research — Uber profile & Zacks Rank
