Erste cuts forecast for Uber Technologies stock from USD 4.42 to USD 4.41

Published on 10/19/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 14.19 billion, up 12.20 percent. Uber Technologies stock costs EUR 62.90 on October 19, 2026, 0.08 percent below the Xetra close.

Earnings and forecast signals

On October 8, 2026, Erste Group cut its fiscal 2027 estimate from USD 4.42 to USD 4.41.
Uber's second-quarter 2026 revenue rose 12.20 percent to USD 14.19 billion.
Uber Technologies stock trades at EUR 62.90 at 9:53 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.08 percent below the Xetra close of October 16, 2026.

Fotorealistische Ride-Hailing-Szene mit unbedrucktem Auto und Reisender in Großstadt bei Dämmerung — Fotorealistische Szene zeigt Uber Technologies (US90353T1007): Passagierin ruft unbedrucktes Fahrzeug per Smartphone in Großstadt, Illustration mit AI erstellt.

Uber Technologies (ISIN US90353T1007) stock was at EUR 62.90 at Lang & Schwarz on October 19, 2026, at 9:53 a.m. CEST, down 0.08 percent versus the Xetra close of October 16, 2026 at EUR 62.95. The latest analyst estimate cut came from Erste Group, which lowered its fiscal 2027 earnings-per-share forecast from USD 4.42 to USD 4.41 in a report released on October 8, 2026, according to MarketBeat.

Revenue growth meets forecast pressure

Uber's second-quarter 2026 revenue reached USD 14.19 billion, an increase of 12.20 percent from the same quarter a year earlier. Net income attributable to common shareholders was USD 2.39 billion, while diluted earnings per share came to USD 1.17 for the quarter, according to the company's financial data.

The forecast cut is modest in absolute terms, but it contrasts with the latest operating figures. Erste Group's USD 4.41 estimate is also above the USD 3.21 consensus cited by MarketBeat for the current full year.

Three dates explain the setup

Uber reported USD 14.19 billion of revenue for the second quarter on August 5, 2026, according to MarketBeat. On October 5, 2026, Uber announced that it would publish third-quarter results on November 4, 2026, according to Uber. On October 8, 2026, Erste Group reduced its fiscal 2027 estimate from USD 4.42 to USD 4.41, according to MarketBeat.

What date matters next?

Uber's next scheduled reporting event is November 4, 2026, when the company plans to release third-quarter results before the US market opens and host its conference call at 8:00 a.m. ET, according to Uber. MarketBeat lists consensus estimates of USD 14.67 billion in revenue and USD 0.8640 in earnings per share for the third quarter, compared with USD 13.47 billion and USD 3.11 in the prior-year quarter.

Valuation stays below the yearly high

Uber had a market capitalization of USD 143.7 billion as of October 16, 2026. Its 52-week range was USD 65.41 to USD 100.35, placing the US-listed platform near the lower end of that interval. Uber operates Mobility, Delivery and Freight businesses through its digital platform.

Uber Technologies stock was trading at EUR 62.90 at Lang & Schwarz on October 19, 2026, at 9:53 a.m. CEST, 0.08 percent below the Xetra close of October 16, 2026 at EUR 62.95. The further course of trading is shown by the continuously updated real-time quote of Uber Technologies stock.