Uber agrees to buy ezCater: Rosenblatt targets Uber Technologies stock at USD 100.00

Published on 10/09/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 gross bookings rose 22.00 percent to more than USD 58.00 billion. Uber Technologies stock costs EUR 63.09 on October 9, 2026 versus EUR 62.58.

Key points in brief

Uber agreed on October 6, 2026 to acquire ezCater for USD 2.3 billion in cash.
Rosenblatt maintained a Buy rating and a USD 100.00 target on October 7, 2026.
Q2 2026 gross bookings rose 22.00 percent to more than USD 58.00 billion.
Uber stock was at EUR 63.09 at Lang & Schwarz on October 9, 2026, plus 0.81 percent versus EUR 62.58.

Architektonisches 3D-Render eines modernen Bürohochhauses mit Fahrzeugen an der Vorfahrt — Architektur-Render visualisiert Uber Technologies (US90353T1007): moderne Glasfassade mit unbedruckten Fahrzeugen an überdachter Vorfahrt, Illustration mit AI erstellt.

Uber Technologies (US90353T1007) was trading at EUR 63.09 at Lang & Schwarz on October 9, 2026 at 3:36 p.m. CEST, plus 0.81 percent versus the prior close of EUR 62.58. According to Uber on October 6, 2026, the company agreed to acquire ezCater for USD 2.3 billion in cash. On October 7, 2026, Investing.com reported that Rosenblatt maintained a Buy rating and a USD 100.00 price target for Uber stock.

Three milestones shape the story

On July 2026, Uber agreed to acquire Delivery Hero assets in a transaction valued at USD 14.8 billion, according to Reuters. On August 5, 2026, Uber reported second-quarter gross bookings growth of 22.00 percent to more than USD 58.00 billion in its earnings presentation, according to Yahoo Finance. The ezCater agreement on October 6, 2026 is the latest of the three events.

What does ezCater add?

The transaction gives Uber Eats access to a workplace catering platform serving more than 140,000 restaurants. The target generated more than USD 2.5 billion in trailing-twelve-month gross bookings, while average order values exceeded USD 400, according to Uber. The numbers point to a higher-value order mix than ordinary meal delivery, but the deal remains subject to regulatory approvals and is expected to close in the coming months.

Next date is November 4

Tickzen lists November 4, 2026 as Uber's next reporting date before the market opens. The source also lists consensus earnings per share of USD 0.97 and revenue of USD 15.00 billion for that report.

Stock stays below its yearly high

Uber's EUR 63.09 Lang & Schwarz quote on October 9, 2026 was an intraday price, with the daily move at plus 0.81 percent versus the EUR 62.58 prior close. The primary listing is on the NYSE, where the finance quote showed a USD 65.41 to USD 100.35 52-week range and a USD 144.2 billion market capitalization as of October 9, 2026.

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