Equity Profile

UBER

Uber Technologies, Inc.

IndustrialsPassenger Ground Transportation$151.1B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Uber Technologies, Inc. is a leading player in the passenger ground transportation sector, providing ride-hailing and delivery services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Uber is managing costs and generating income.

N/A

Revenue Growth

Revenue growth will indicate demand for Uber's services and its ability to capture market share in a competitive environment.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

UBER Q2-2026 Earnings Preview

Context

Company Snapshot

Uber Technologies, Inc. is a leading player in the passenger ground transportation sector, providing ride-hailing and delivery services. With a market cap of $151 billion, Uber is significant in shaping how people and goods move in urban environments, especially as consumer spending shifts towards convenience and technology-driven solutions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+152.01%

Avg Stock Reaction

-1.29%

Last Quarter Recap

In Q1-2026, Uber reported an EPS of $0.72, slightly beating expectations. The stock rose 8.53% the following day, reflecting positive market sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as investors look for continued growth in EPS and user engagement. The market will closely watch for any signs of profitability improvements.

Bull Case

If Uber can demonstrate strong revenue growth and user retention, it may signal a robust recovery and market leadership, potentially driving the stock higher.

Bear Case

Conversely, if earnings miss expectations or user growth stagnates, it could raise concerns about Uber's long-term viability in a competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the growth rate of active users this quarter?

User growth is critical for Uber's revenue potential and market share, and any slowdown could raise red flags.

How does management plan to improve profitability moving forward?

Investors are keen to hear specific strategies for enhancing margins, especially in a competitive environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Uber's ability to drive user growth through innovative service offerings, especially in emerging markets.

Supporting Evidence

Uber's recent initiatives in expanding delivery services could attract new users.

The options market's implied move suggests lower volatility than historical averages, indicating potential for a surprise.

Past earnings surprises have often led to stock declines, suggesting a cautious market sentiment.

Key Risk

If active user growth exceeds 10%, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter, the focus is on user engagement and profitability strategies, which are essential for sustaining growth.

Bull Confirmed If

A significant increase in active users, exceeding 10% growth quarter-over-quarter, would confirm the bull case.

Bear Confirmed If

A decline in active users or stagnant revenue growth would validate the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.59%

Historical Avg

±6.2%

In line with history

The options market is pricing in a moderate move, suggesting uncertainty around the earnings report.

Options are pricing ±5.6% while UBER has averaged ±6.2% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.4%

30d HV

33.1%

Calls (5.4M)P/C Ratio: 0.25Puts (4.2M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 5 of 24 (21%)

This setup has occurred 30 times across Industrials in the last 2 years. 19 of 24 (79%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.6%, with a raw directional average of +1.6% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Uber beats expectations, history suggests a potential stock increase of around 6.15%, confirming strong market demand.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may see muted movement as investors reassess growth prospects.

Miss

A miss could lead to a decline of about 5.15%, reflecting investor concerns about Uber's competitive position.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·4 sells

Members

House + Senate

Est. Notional

$5,005.00–$75,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user growth and retention rates.
2Details on cost management and profitability strategies.
3Insights into competitive pressures and market positioning.
4Any commentary on expansion into new markets or services.
5Management's outlook on future revenue growth.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Uber Technologies, Inc. is a leading player in the passenger ground transportation sector, providing ride-hailing and delivery services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Uber is managing costs and generating income.

N/A

Revenue Growth

Revenue growth will indicate demand for Uber's services and its ability to capture market share in a competitive environment.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

UBER Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+152.01%

Avg Stock Reaction

-1.29%

Last Quarter Recap

In Q1-2026, Uber reported an EPS of $0.72, slightly beating expectations. The stock rose 8.53% the following day, reflecting positive market sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as investors look for continued growth in EPS and user engagement. The market will closely watch for any signs of profitability improvements.

Bull Case

If Uber can demonstrate strong revenue growth and user retention, it may signal a robust recovery and market leadership, potentially driving the stock higher.

Bear Case

Conversely, if earnings miss expectations or user growth stagnates, it could raise concerns about Uber's long-term viability in a competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the growth rate of active users this quarter?

User growth is critical for Uber's revenue potential and market share, and any slowdown could raise red flags.

How does management plan to improve profitability moving forward?

Investors are keen to hear specific strategies for enhancing margins, especially in a competitive environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Uber's ability to drive user growth through innovative service offerings, especially in emerging markets.

Supporting Evidence

Uber's recent initiatives in expanding delivery services could attract new users.

The options market's implied move suggests lower volatility than historical averages, indicating potential for a surprise.

Past earnings surprises have often led to stock declines, suggesting a cautious market sentiment.

Key Risk

If active user growth exceeds 10%, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter, the focus is on user engagement and profitability strategies, which are essential for sustaining growth.

Bull Confirmed If

A significant increase in active users, exceeding 10% growth quarter-over-quarter, would confirm the bull case.

Bear Confirmed If

A decline in active users or stagnant revenue growth would validate the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.59%

Historical Avg

±6.2%

In line with history

The options market is pricing in a moderate move, suggesting uncertainty around the earnings report.

Options are pricing ±5.6% while UBER has averaged ±6.2% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.4%

30d HV

33.1%

Calls (5.4M)P/C Ratio: 0.25Puts (4.2M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 5 of 24 (21%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Uber beats expectations, history suggests a potential stock increase of around 6.15%, confirming strong market demand.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may see muted movement as investors reassess growth prospects.

Miss

A miss could lead to a decline of about 5.15%, reflecting investor concerns about Uber's competitive position.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·4 sells

Members

House + Senate

Est. Notional

$5,005.00–$75,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user growth and retention rates.
2Details on cost management and profitability strategies.
3Insights into competitive pressures and market positioning.
4Any commentary on expansion into new markets or services.
5Management's outlook on future revenue growth.