Uber stock reports 12.2 percent revenue growth in Q2

Published on 09/23/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Uber stock posted USD 14.19 billion in Q2 revenue, up 12.2 percent year over year. Adjusted EBITDA reached USD 2.81 billion, while gross bookings rose 24 percent.

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 (ISIN US90353T1007) was trading at USD 69.45 on the NYSE on September 23, 2026 at 10:57 a.m. ET, down 0.63 percent from USD 69.89. The valuation remains tied to a sharp contrast between accelerating operating figures and a share price 31.45 percent below its 52-week high of USD 101.30.

Revenue growth stays in double digits

Uber generated USD 14.19 billion in Q2 2026 revenue, up 12.2 percent from the year-ago quarter, according to Zacks. The figure missed the USD 14.21 billion consensus estimate by USD 0.02 billion, making the quarter a mixed signal rather than a simple growth story.

Adjusted EBITDA advanced 33 percent to USD 2.81 billion in Q2 2026, while gross bookings increased 24 percent to USD 58.02 billion and trips rose 18 percent to 3.87 billion, Zacks reported. That combination matters because bookings and trips expanded faster than reported revenue, while profitability grew faster than both measures.

Analyst targets exceed the market price

According to MarketBeat on September 18, 2026, 34 of 43 brokerages rated Uber a buy and two rated it a strong buy. The average 12-month price target was USD 103.03, USD 33.58 above the September 23 market price.

The gap between the operating data and the quote is the central investor question. Q2 revenue growth of 12.2 percent and adjusted EBITDA growth of 33 percent show improving scale, but the USD 0.02 billion revenue miss explains why execution still matters more than headline growth.

Stock sits below its yearly high

Uber stock was trading at USD 69.45 on the NYSE on September 23, 2026, with a market capitalization of USD 141.36 billion. The daily change was negative 0.63 percent, while the 52-week range stood at USD 65.41 to USD 101.30.