Bernstein reaffirms USD 95 target for Uber Technologies stock

Published on 10/05/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Uber revenue reached USD 14.19 billion in Q2 2026, up 12.00 percent. Uber Technologies stock costs EUR 60.48 on October 5, 2026 versus EUR 60.51.

Editorial-Aufnahme eines Börsenparketts mit Kurscharts und Fahrzeugsymbol auf großen Bildschirmen — Börsen-Editorial dokumentiert Uber Technologies (US90353T1007): Trading-Floor der NYSE mit Kursdiagrammen und stilisiertem Fahrzeugsymbol auf Bildschirmen, Illustration mit AI erstellt.

Uber Technologies (ISIN US90353T1007) was trading at EUR 60.48 at Lang & Schwarz on October 5, 2026 at 12:23 p.m. CEST. On October 1, 2026, Bernstein SocGen Group reaffirmed its Outperform rating and USD 95.00 target for the company, according to GuruFocus.

Bernstein backs autonomous expansion

Bernstein's view centers on Uber's role as a distribution platform for autonomous vehicles rather than as a vehicle manufacturer. GuruFocus reported on October 1, 2026 that Uber plans autonomous vehicle services in 15 cities by the end of 2026, including six in the United States and nine internationally.

The strategy offers a distinct financial angle: Uber can connect riders with autonomous fleets while partners carry much of the vehicle development burden. The opportunity also carries execution and regulatory exposure because the planned rollout depends on technology partners, approvals and customer adoption.

Second-quarter growth supports the case

Uber's second-quarter 2026 revenue rose 12.00 percent year over year to USD 14.19 billion, while GAAP operating income increased 30.00 percent to USD 1.90 billion, according to StockTitan. The same filing summary reported USD 2.80 billion adjusted EBITDA, up 33.00 percent, and USD 2.80 billion in quarterly free cash flow.

Non-GAAP earnings per share reached USD 0.81 in the second quarter of 2026, a 35.00 percent year-over-year increase. Gross bookings grew 24.00 percent to USD 58.00 billion, giving the autonomous expansion story a cash-generating operating base rather than a purely speculative technology angle.

Euro quote and primary listing

At Lang & Schwarz, Uber Technologies stock was trading at EUR 60.48 on October 5, 2026 at 12:23 p.m. CEST, down 0.05 percent versus the prior close of EUR 60.51 on October 2, 2026. The company is listed on the NYSE under UBER, and the primary-market quote was USD 68.11 on October 2, 2026 at 4:00 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of Uber Technologies stock.