Company Sees Q2 Gross Bookings of $56.25B-$57.75B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2026
0mins
Should l Buy UBER?
Sees Q2: Gross Bookings of $56.25B-$57.75B, representing growth of 18% to 22% YoY on a constant-currency basis. The outlook assumes a roughly 2 percentage-point currency tailwind to total reported YoY growth. Sees Q2 adjusted EBITDA $2.7B-$2.8B.
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Analyst Views on UBER
Wall Street analysts forecast UBER stock price to rise
32 Analyst Rating
28 Buy
3 Hold
1 Sell
Strong Buy
Current: 74.700
Low
72.00
Averages
107.10
High
150.00
Current: 74.700
Low
72.00
Averages
107.10
High
150.00
About UBER
Uber Technologies, Inc. operates a technology platform that uses network and technology to power movement from point A to point B. It develops and operates technology applications supporting a variety of offerings on its platform (platform(s)). Its segments include Mobility, Delivery and Freight. Mobility products connect consumers with drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. Delivery offerings allow consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered. In certain markets, the Delivery segment provides offerings for grocery, alcohol, and convenience store delivery as well as select other goods. The Freight segment connects carriers with shippers on its platform, and gives carriers upfront, pricing and the ability to book a shipment. The Freight segment also includes transportation management and other logistics service offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Strategic Transformation Challenges: Uber is attempting to pivot from a ride-hailing service to a 'super app' by partnering with Expedia and Vrbo to add hotel and vacation rental options, although consumer acceptance in Western markets remains uncertain, potentially impacting long-term growth.
- Disney's Steady Growth: Disney achieved a record revenue of $25 billion in its latest earnings report, up 7% year-over-year, with operating income for Disney+ and Hulu soaring 88%, indicating strong performance in the entertainment sector despite pressures in its sports business.
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See More
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- Low Consumer Confidence: The University of Michigan's survey indicates that the consumer confidence index fell to an all-time low in May, reflecting persistent pessimism among American consumers who have faced multiple economic shocks, highlighting the fragility of economic recovery.
- Inflation's Lasting Impact: Although the annual inflation rate has cooled, consumers still feel the pressure from cumulative price increases over the past decade, leading to a decrease in their willingness to spend, which negatively affects overall economic activity.
- Frequent Economic Shocks: Economists note that consumers lack the time to recover from one economic jolt before another arises, with future economic stability being crucial for restoring confidence in the coming months.
- Strong Consumer Spending: Despite low confidence, consumers continue to spend, with companies like Uber and Disney reporting robust customer spending, indicating a weakening traditional correlation between consumer sentiment and spending behavior.
See More
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- Consumer Confidence Collapse: The University of Michigan's consumer sentiment index hit an all-time low in May, indicating that American consumers have not regained confidence in the economy since the COVID-19 pandemic, highlighting the fragility of economic recovery.
- Inflation's Lasting Impact: Although the annual inflation rate has cooled, consumers remain scarred by years of rapid price increases, leading to a pessimistic outlook on future economic conditions, which in turn affects their spending behavior.
- Frequent Economic Shocks: Economists note that consumers lack the time to recover from a series of economic shocks, preventing confidence from rebounding, especially amid rising geopolitical conflicts and increasing trade tariffs.
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See More
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- Massive Fundraising: The IPO raised at least $5.55 billion for Cerebras, marking it as one of the largest tech IPOs in recent years, reflecting strong market demand and investor enthusiasm for AI technologies.
- Significant Valuation Increase: At the IPO price, Cerebras is valued at $56.4 billion, with co-founder and CEO Andrew Feldman's stake worth approximately $1.9 billion, highlighting the company's strategic position and future growth potential in the AI sector.
- Reduced Customer Dependency: In its updated prospectus, Cerebras disclosed that revenue from G42 accounted for only 24% last year, indicating a shift towards diversifying its customer base to mitigate reliance on a single client, thereby enhancing its competitive edge in the market.
See More
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- CEO Stake Value: CEO Andrew Feldman holds a stake valued at approximately $1.9 billion at the IPO price of $185 per share, which not only reflects the company's increased market recognition but also provides a strong personal incentive for future growth.
- Reduced Customer Dependency: In its latest prospectus, Cerebras disclosed that revenue from its primary customer G42 accounted for only 24% last year, a significant drop from 85% in 2024, indicating the company's efforts to diversify its revenue streams and reduce reliance on a single client.
- Collaboration with OpenAI: Cerebras signed a deal worth over $20 billion with OpenAI to provide 750 megawatts of computing capacity, which not only enhances Cerebras' market position but also lays a foundation for future revenue growth, showcasing its technological edge in the AI sector.
See More
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- Institutional Investor Increase: Recent SEC disclosures revealed that BNP Paribas held approximately 1.95 million shares of Lucid at the end of March, a significant increase from nearly one million shares at the end of 2025, indicating growing institutional confidence in the company.
- Uber's Investment Impact: Uber's ownership of about 37.8 million shares, representing an 11.5% stake as of March, provides a positive signal for Lucid shareholders, especially given their partnership on robotaxi initiatives.
- Sales and Production Challenges: Despite the stock's rise, Lucid reported first-quarter sales of $282.47 million, falling short of analyst expectations of $440.43 million, and has suspended vehicle production guidance, highlighting significant operational challenges.
See More
