--- canonical_url: https://www.stockexpertai.com/earnings/uber last_updated: 2026-05-03T21:20:15.063Z --- # Uber Technologies, Inc. (UBER) Q4 FY2026 Earnings Preview > **[stale-preview-note]** Note: this preview was published before the 2026-05-06 earnings report. Results have since been released — verify against the latest filings. > This content was automatically generated with FMP live data + Q4 FY2025 earnings call transcript. Generated: 2026-05-03T21:20:13.888Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $75.12 (▲ 0.68%) | fmp:quote | | Market Cap | $154.6B | fmp:profile | | 52w range | $68.46 – $101.99 | fmp:quote | | Earnings | Wed 6 May | fmp:earnings-history | | EPS estimate | $0.71 (-14% YoY) | fmp:earnings-estimate | | Revenue estimate | $13.3B | fmp:earnings-estimate | | Beat streak | 0/4 | fmp:earnings-history | | Rating | A- (overall 4/5) | fmp:ratings | | Analyst median target | $107 (+41.8% upside) | fmp:price-target-consensus | | MoonshotScore | 64/100 | derived | | Council | 5/6 bullish | derived | | Munger verdict | Undervalued | derived | ## Uber Technologies, Inc. — Q4 FY2026 Expectations Q4 consensus: revenue $13.3B^{[FMP est]}, EPS $0.71^{[FMP est]}. 0 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** A- · **Stance:** BUY · **Council:** 5/6 · **Moonshot:** 64 = MoonshotScore 64^{[9-pillar formula]} + Council 5/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (4 metrics) ### 1. Adjusted Ebitda Growth Uber's adjusted EBITDA increased by 35% to $8.7 billion. > "We generated $8.7 billion in adjusted EBITDA, up 35% and a phenomenal $9.8 billion in free cash flow, up 42%." > — Dara Khosrowshahi, Investor Focus · Q4 FY2025 ### 2. Free Cash Flow Growth Uber's free cash flow increased by 42% to $9.8 billion. > "We generated $8.7 billion in adjusted EBITDA, up 35% and a phenomenal $9.8 billion in free cash flow, up 42%." > — Dara Khosrowshahi, Investor Focus · Q4 FY2025 ### 3. Gross Bookings Growth Uber achieved over 20% growth in annual gross bookings in 2025. > "Looking at 2025 in full, we had our fifth consecutive year of annual gross bookings over 20%." > — Dara Khosrowshahi, Investor Focus · Q4 FY2025 ### 4. Non Top 20 Markets Profit Nearly 75% of Uber's U.S. profits come from markets outside the top 20, and those markets are growing faster. > "One additional thing I'd add there is, while you asked about the top market, it's important to remember that 70% of the U.S. is outside of the stock markets and nearly 75% of our U.S. profits come from those markets. And that -- those numbers have been growing because those markets are growing faster than the top 20 cities." > — Balaji Krishnamurthy, Investor Focus · Q4 FY2025 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 10.0 | strong | Q4 vs Q1: fast growth (+24.6%) | | Gross Margin | 4.0 | medium | Q4: average margin (39.6%) | | Operating Leverage | 1.0 | weak | op margin average (12.3%) | | Cash Runway | 10.0 | strong | FCF very strong ($2.8B, 37.4× CapEx) | | R&D Intensity | 5.0 | medium | average R&D (6.5%) | | Price Momentum | 7.0 | strong | RSI 52.3 balanced, 50d above | | News Sentiment | 8.0 | strong | strong buy consensus (84%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +41.8% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 52 | | Klarman | bull | value · target upside +41.8% | | Buffett | bull | quality · ROE score 5/5 | | Munger | bull | valuation · target upside +41.8% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Undervalued - **Financial Health:** Strong - **Margin of Safety:** Strong - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 52.3 — dengeli — yön sinyali zayıf - **50d MA:** $74 — hisse %1.5 üstünde — kısa vadeli destek - **200d MA:** $85 — hisse %11.8 altında — uzun vadeli baskı - **Volume (10d):** -20% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q1 FY25 | $0.83 | $0.51 | BEAT | -1.6% | | Q2 FY25 | $0.63 | $0.63 | BEAT | +3.9% | | Q3 FY25 | $3.11 | $0.69 | BEAT | -2.0% | | Q4 FY25 | $0.14 | $0.79 | +-82.2% EPS | +1.7% | Q4 (February 4, 2026): EPS $0.14 vs $0.79 est^[FMP], +-82.2% beat. D+1 movement: +1.7%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $0.71 + CapEx discipline** Threshold: EPS > $0.71^{[FMP est]}. Target: Break above median target $107^{[FMP target]}; high target $125^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $0.71 + CapEx < $75.0M** Threshold: EPS ≈ $0.71^{[FMP est]}, Q4 CapEx < $75^[FMP].0M^[FMP]. Target: Consolidation in the band between current $75 and median $107^[FMP]. ### Scenario C · Miss **EPS < $0.69 or CapEx ≥ $75.0M** Threshold: EPS < $0.69^{[FMP est×0.97]}. Target: Current $75 below SMA200 $85^[FMP], if rejection continues, $72^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q4: EPS $0.14 vs $0.79 beat^[FMP], stock +1.7% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q4 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q4 FY25 ### CapEx shock Q4 CapEx $75.0M^{[FMP cashflow]}. Q4 op margin 12.3%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $107 (+41.8% upside vs current $75) - **High / Low:** $125 / $72 - **Buy / Hold / Sell:** 46 / 8 / 1 - **Analyst count:** 12 (last quarter), 137 all-time ## Additional Transcript Insights ### 1. gross_bookings_growth **Claim:** Uber achieved over 20% growth in annual gross bookings in 2025. **Evidence (transcript):** "Looking at 2025 in full, we had our fifth consecutive year of annual gross bookings over 20%." **Numbers:** 20%, 2025 ### 2. adjusted_ebitda_growth **Claim:** Uber's adjusted EBITDA increased by 35% to $8.7 billion. **Evidence (transcript):** "We generated $8.7 billion in adjusted EBITDA, up 35% and a phenomenal $9.8 billion in free cash flow, up 42%." **Numbers:** $8.7 billion, 35%, $9.8 billion, 42% ### 3. free_cash_flow_growth **Claim:** Uber's free cash flow increased by 42% to $9.8 billion. **Evidence (transcript):** "We generated $8.7 billion in adjusted EBITDA, up 35% and a phenomenal $9.8 billion in free cash flow, up 42%." **Numbers:** $8.7 billion, 35%, $9.8 billion, 42% ### 4. av_impact_on_growth **Claim:** Uber views the introduction of autonomous vehicles (AVs) as an overall growth driver for the markets in which it operates. **Evidence (transcript):** "So I think the good news on AV for us is that we view the introduction of AVs as actually an overall growth driver for the markets in which we operate, right?" **Numbers:** — ### 5. non_top_20_markets_profit **Claim:** Nearly 75% of Uber's U.S. profits come from markets outside the top 20, and those markets are growing faster. **Evidence (transcript):** "One additional thing I'd add there is, while you asked about the top market, it's important to remember that 70% of the U.S. is outside of the stock markets and nearly 75% of our U.S. profits come from those markets. And that -- those numbers have been growing because those markets are growing faster than the top 20 cities." **Numbers:** 70%, 75%, 20 --- *Data source: FMP (live query, 2026-05-03), Q4 FY2025 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*