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

Published on 10/15/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 14.19 billion, up 12.20 percent year over year. Uber Technologies stock costs EUR 61.68 on October 15, 2026.

Forecast cut and November dates

Erste Group lowered its fiscal 2027 earnings estimate from USD 4.42 to USD 4.41 on October 8, 2026.
Uber reported USD 14.19 billion in second-quarter revenue, up 12.20 percent year over year, on August 5, 2026.
Uber Technologies stock traded at EUR 61.68 at 9:43 a.m. CEST at Lang & Schwarz on October 15, 2026.

Isometrische Illustration einer Liefer- und Fahrdienst-Wertschöpfungskette in einer Stadt — Isometrische 3D-Grafik erklärt Uber Technologies (US90353T1007): Wertschöpfungskette von Smartphone-Bestellung über Fahrzeug bis Haustür-Lieferung, Illustration mit AI erstellt.

Erste Group lowered its fiscal 2027 earnings estimate for Uber Technologies from USD 4.42 to USD 4.41 on October 8, 2026, according to MarketBeat. Uber Technologies stock traded at EUR 61.68 at Lang & Schwarz on October 15, 2026 at 9:43 a.m. CEST.

What changed in the forecast?

The reduction is small, but it puts a concrete number on the more cautious earnings view surrounding Uber. Erste Group's revised fiscal 2027 estimate remains above the company's second-quarter adjusted earnings per share of USD 0.81, which exceeded the USD 0.80 consensus estimate, according to MarketBeat.

Three events shaped the outlook

On August 5, 2026, Uber reported second-quarter revenue of USD 14.19 billion, up 12.20 percent from the prior-year quarter, while adjusted EBITDA reached USD 2.81 billion, up 33 percent, according to Zacks. On October 6, 2026, Uber agreed to buy ezCater for USD 2.30 billion, according to Yahoo Finance. On October 8, 2026, Erste Group cut its fiscal 2027 estimate from USD 4.42 to USD 4.41, as reported by MarketBeat.

What does the next report need to show?

Uber's third-quarter guidance calls for Gross Bookings of USD 58.25 billion to USD 60.25 billion and adjusted EBITDA of USD 2.86 billion to USD 2.96 billion. The company also expects non-GAAP earnings per share of USD 0.84 to USD 0.88, representing growth of 28 percent to 35 percent year over year, according to Zacks. For investors, the key comparison is whether operating profit improves alongside adjusted EBITDA.

November brings two dates

Uber's next quarterly results conference call is scheduled for November 4, 2026, according to Yahoo Finance. Sarfraz Maredia, who oversees global autonomous mobility and delivery, is expected to leave on November 16, 2026, according to MarketBeat.

Stock valuation stays in view

Uber Technologies had a market capitalization of USD 141.55 billion on October 14, 2026, while its reported 12-month range was USD 65.41 to USD 100.35. The company operates across Mobility, Delivery and Freight, with CEO Dara Khosrowshahi leading the business, according to its company profile.

Uber Technologies stock was trading at EUR 61.68 at Lang & Schwarz on October 15, 2026 at 9:43 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Uber Technologies stock.