Uber Technologies Inc (UBER, Financial) is set to release its Q2 2024 earnings on Aug 6, 2024. The consensus estimate for Q2 2024 revenue is $10.57 billion, and the earnings are expected to come in at $0.31 per share. The full year 2024's revenue is expected to be $43.22 billion and the earnings are expected to be $0.86 per share. More detailed estimate data can be found on the Estimates page.
Uber Technologies Inc (UBER, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Uber Technologies Inc (UBER) have seen a downward revision, moving from $43.32 billion to $43.22 billion for the full year 2024, and from $50.46 billion to $49.95 billion for 2025. Similarly, earnings estimates have also declined, with projections adjusting from $1.31 per share to $0.86 per share for the full year 2024, and from $2.13 per share to $2.12 per share for 2025.
Uber Technologies Inc (UBER, Financial) Reported History
In the previous quarter of 2024-03-31, Uber Technologies Inc's (UBER) actual revenue was $10.13 billion, which beat analysts' revenue expectations of $10.11 billion by 0.19%. Uber Technologies Inc's (UBER) actual earnings were -$0.31 per share, which missed analysts' earnings expectations of $0.24 per share by -231.36%. After releasing the results, Uber Technologies Inc (UBER) was down by -5.72% in one day.
Uber Technologies Inc (UBER, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 44 analysts, the average target price for Uber Technologies Inc (UBER) is $86.48 with a high estimate of $102 and a low estimate of $65. The average target implies an upside of 46.6% from the current price of $58.99.
Based on GuruFocus estimates, the estimated GF Value for Uber Technologies Inc (UBER, Financial) in one year is $67.02, suggesting an upside of 13.61% from the current price of $58.99.
Based on the consensus recommendation from 49 brokerage firms, Uber Technologies Inc's (UBER, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
