A 4.23% slide to $67.84 from a $70.84 open erases roughly $6 billion from a $138.6 billion company in one session. No cause is established in the data, which makes the next session's follow-through the thing to watch.
Latest Activity
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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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.
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.
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.
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.
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.
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.
Two companies now clear more than $200 billion in annual food orders between them, a duopoly scale that turns every point of share shift into real money for Uber and DoorDash holders.
Uber Eats v. DoorDash The leading food delivery providers now process more than $200B in combined annual orders. $UBER $DASH https://t.co/4OGdZauc0e
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Mad Money w/ Jim Cramer 9/29/26
- Cramer says the 30-year Treasury yield is the highest in 24 years, with over 40% of S&P 500 names in a bear market
- Public backlash against AI and data centers is the new narrative risk that could make October ugly
- Goldman Sachs called the most beaten-down of a caller's bank ideas alongside Capital One and BNY Mellon
- Interviews with Meta's Dina Powell McCormick on its AI agent Muse and BWX Technologies on its new long-term strategy
Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.
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