Uber (UBER) Climbs 4.4% on Q3 2026 Earnings Report Day

As seen on the 24/7 Wall St. homepage on November 4, 2026.

UBER Uber
Regular session
$71.26
+4.43% open $68.24
$73$70$68

The climb to $71.26 arrives the same day Uber filed its Q3 2026 earnings report. Moves this size are uncommon for a name this large, so keep an eye on where it settles.

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Uber climbed roughly 4.4% through the session, a move that stands out for a company of its size and trading volume.

The gain coincided with Uber filing its Q3 2026 earnings report, giving investors something concrete to react to.

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Buyers stepped in to defend the advance after an intraday pullback, keeping the gains largely intact.

Where the stock settles at the close is an early read on how the market weighs the earnings report.

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Mentioned: UBER

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Tip Ranks @tipranks

UBS nudged its Uber target to $107 from $106 and kept a Buy even after mobility growth missed expectations, signaling analysts view the driver shortage squeezing near-term margins as temporary.

Wall Street updates its price targets on Uber $UBER following its Q3 earnings, with analysts highlighting driver supply constraints and near-term margin pressure: UBS: $106 → $107 (Buy) – Mobility growth missed expectations due to driver shortages, but improving supply supports https://t.co/7Pk6oLM88R
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UBER Uber
Regular session
$71.04
+4.10% open $68.24
$72$70$68

A 4.1% move to $71.04 adds roughly $6 billion to a $145 billion market cap, and it lands the same morning Uber filed its Q3 2026 results. Worth watching how the stock holds the $68.24 open.

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UBER Uber
Q3 2026
EPS
$0.88
est $0.90 -2.5%
Revenue
$14.77B
est $14.67B +0.6%

Adjusted earnings came in missing expectations, but Q4 guidance of $0.95 to $0.99 EPS implies 34% to 39% growth, with a fifth straight quarter of 20% gross bookings gains behind it. Management expects roughly 700 fully driverless vehicles on the platform by year-end and over 2,000 in 2027.

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Our focus on autonomous is now on commercial execution, with approximately 700 fully driverless vehicles expected on Uber by year-end and over 2,000 in 2027.

Khosrowshahi put a tripling target on the table for next year's driverless fleet, moving Uber's autonomous story from pilot announcements to units investors can count. Waymo is now a partner and a rival at once, so the ramp is the number to track on the 2026 Q3 earnings call.

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Earnings · 2026 Q3 Dara Khosrowshahi Chief Executive Officer, Uber
Uber delivered its fifth consecutive quarter of 20%+ Gross Bookings growth, driven by record audience and consumer engagement.

Khosrowshahi is pitching durability at a $136 billion market cap, with the growth rate holding above 20% for more than a year. Anyone treating the ride-hailing and delivery story as maturing is arguing with the third-quarter scoreboard.

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UBER Uber
New 52-week low $65.78 -0.2% vs prior low · 2026-07-24
$99$81$63

Uber closed at $65.78, a fresh 52-week low that takes out the July 24 floor by 0.24%. A full year of selling has left the ride-hailing giant at a $134.4 billion market cap, roughly a third below where it traded last October.

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Jim Cramer
PODCAST Mad Money w/ Jim Cramer Jim Cramer · 44 min

Mad Money w/ Jim Cramer 9/29/26

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  • Public backlash against AI and data centers is the new narrative risk that could make October ugly
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UBERheating up fast

MUsouring fast

Chips own the board today: Nvidia drew 1,772 comments with traders leaning bullish, while Micron is pulling nearly as much attention and souring fast. Uber is the odd one out, heating up quickly outside the AI trade.

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Elon Musk @elonmusk Quote post

A line that assembles modules in parallel and halves floor space is Tesla's answer to the robotaxi cost question, and cheap fleet units are what pressure Uber and Lyft economics.

We redesigned Cybercab production for production over 5 times faster than conventional automotive manufacturing! https://t.co/OUpLMI7XoG [Quoted @robotaxi]: Our unboxed process for Cybercab assembles vehicle modules in parallel & frames the car in one step at the end. This streamlines automation & reduces the line size by half, unlocking much greater production capacity. The first real revolution in automotive manufacturing in over https://t.co/AbOCFCKM9D
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