TLDR Uber stock fell 2.9% after quarterly revenue missed Wall Street estimates. Earnings reached $0.81 per share, beating forecasts by one cent. Adjusted EBITDA rose 33% year over year to $2.
TLDR
- Uber stock fell 2.9% after quarterly revenue missed Wall Street estimates.
- Earnings reached $0.81 per share, beating forecasts by one cent.
- Adjusted EBITDA rose 33% year over year to $2.8 billion.
- Operating cash flow increased 12% to $2.9 billion.
- Trailing 12-month free cash flow exceeded $10 billion for the first time.
Uber (UBER) stock fell 2.9% after the company reported quarterly revenue below Wall Street estimates and issued profit guidance that missed expectations. Uber stock traded near $71.99 on August 4, 2026, as investors weighed strong booking growth against weaker revenue results and fresh regulatory concerns during Wednesday’s early market trading session.
Uber Technologies, Inc., UBER
Uber Stock Drops After Revenue Miss
Uber reported 12% revenue growth during the quarter, supported by higher demand across mobility, delivery, and freight services. However, total revenue came in below analyst estimates, which pushed shares lower despite continued growth across the business.
The company earned $0.81 per share, up 35% from the same period last year. The result beat estimates by one cent. Adjusted EBITDA rose 33% to $2.8 billion, while the adjusted EBITDA margin increased by 40 basis points to 4.9% of gross bookings.
Uber expects current-quarter gross bookings between $58.25 billion and $60.25 billion. The company also forecast non-GAAP earnings of $0.84 to $0.88 per share, below the market estimate of $0.91.
The weaker outlook added pressure to Uber stock as traders reviewed the company’s ability to protect margins. Regulatory risks also remain a concern because new rules could raise costs for ride-hailing platforms and limit future profit growth.
UBER Shares Holds Key Support
Operating income increased 30% during the quarter, while operating cash flow rose 12% to $2.9 billion. Trailing 12-month free cash flow moved above $10 billion for the first time.
Chief Financial Officer Balaji Krishnamurthy said the cash position gives Uber room to invest, pursue strategic opportunities, and continue share buybacks. The company also reported about $2.29 billion in quarterly free cash flow and roughly $2.35 billion in operating cash flow in earlier reported figures.
UBER shares have traded mainly between the high $60s and mid-$70s in recent weeks. The stock has repeatedly found support near $69 to $70 but has struggled to move above the $73 to $75 area.
A break above $75 could support renewed buying, while a move below $69 could increase selling pressure. Uber’s annual revenue stands near $52 billion, with a gross margin around 41%, an EBIT margin above 10%, and a price-to-earnings ratio near 17.8.
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