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Uber Technologies Inc (UBER)

Fair Value
TechnologySoftware - ApplicationUnited States

Fundamental

72

Price

$68.51

Market Cap

$139.22B

Part 1 · What the company is worth

Overview

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows consumers to search for and discover restaurants to grocery, alcohol, convenience, and other retailers, as well as order a meal or other items, and either pick-up at the restaurant or have it delivered; and provides Uber direct, a white-label delivery-as-a-service for retailers and restaurants, as well as advertising services. The Freight segment manages transportation and logistics networks, which connects shippers and carriers in digital marketplace, including carriers upfronts, pricing, and shipment booking; and offers on-demand platform to automate logistics end-to-end transactions for small-and medium-sized businesses to global enterprises. Uber Technologies, Inc. has staetegic partnership with Mews to embed ride booking, real-time tracking and integrated billing directly into the Mews platform. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$55.23B

Trailing 12 months (through 6/30/2026)

Net Income

$9.58B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$9.76B

Total Equity

$27.04B

Total Liabilities

$33.72B

Current Ratio

0.84

Interest Coverage

14.50

Debt/EBITDA

2.34

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$87.10

Current Price

$68.51

Margin of Safety

+21.3%

Fair Value Range

$73.42 - $100.77

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$100.77
Discounted cash flow (DCF):$70.60
Earnings multiple (P/E):$92.34
Graham growth formula:$74.24
Earnings power value (EPV):$21.92
Justified P/B:$46.84
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:$84.38
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:$137.49
Analyst Consensus:Strong Buy (50B / 7H / 1S)
Last Earnings Surprise:+43.08%

Valuation Metrics

P/E Ratio

14.99

ROE

37.2%

P/B Ratio

5.12

P/FCF

13.83

Gross Margin

-

ROIC

10.4%

Profitability Radar

Value Creation (Economic Moat)

ROIC

10.4%

WACC

10.9%

ROIC − WACC

-0.5 pp

ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.

Fundamental Analysis Criteria

Passed (19)

  • EPS shows upward trend
  • Price CAGR 13.39%
  • ROIC 10.4%
  • P/FCF 13.83
  • Debt/Equity ratio
  • Operating Margin 12.1%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 35.7%
  • Revenue Growth 5Y 36.1%
  • Analyst Consensus 86% Buy
  • Earnings Surprise avg 56.0%
  • Earnings Quality (OCF/NI) 1.09
  • Share Dilution -1.7%
  • Piotroski F-Score 6/9

Failed (5)

  • P/B Ratio 5.12
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Net Margin Trend 17.3% vs 26.7%

Unavailable (3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.09

High quality: earnings backed by cash

Share Dilution

-1.7%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Dara KhosrowshahiCEO & Director55
Ms. Jill HazelbakerPresident & Chief Corporate Affairs Officer43
Mr. Andrew G. MacdonaldPresident & COO40
Mr. Derek Anthony West J.D.Senior VP, Chief Legal Officer & Corporate Secretary59
Mr. Garrett CampCo-Founder, Board Observer & Product Advisor46
Mr. Balaji Krishnamurthy C.F.A.Chief Financial Officer40
Mr. Glen CeremonyChief Accounting Officer & Global Corporate Controller58
Mr. Praveen Neppalli NagaChief Technology Officer-
Mr. Alaxandar WangHead of Investor Relations-
Mr. Madhusudan Kannan B.E. (Hons.)Chief Business Officer51

Audit Risk

1

Board Risk

5

Compensation Risk

8

Shareholder Rights Risk

7

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-13

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-08-05

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-15

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for UBER, sourced from Markets Gazette.

  • 12d agoNEGATIVE
    Arbitrator says Uber was ‘vicariously liable’ for a driver’s negligence in a fatal accident, rejecting argument that the company is a tech platform

    An arbitrator has ruled Uber vicariously liable for a driver's negligence in a fatal accident, awarding $40 million to the parents of a 23-year-old woman. The ruling rejects Uber's long-standing argument that it operates solely as a technology platform, not an employer responsible for driver actions. This decision could set a precedent, increasing legal and financial risks for Uber and potentially impacting its business model by suggesting greater responsibility for driver conduct. Investors will monitor further legal challenges and potential regulatory scrutiny.

  • 17d agoPOSITIVE
    Uber’s CEO hints at cheaper rides after the company announced 3,300 corporate jobs

    Uber CEO Dara Khosrowshahi indicated that the company may offer cheaper rides, attributing potential cost savings to advancements in artificial intelligence. This statement follows the announcement of 3,300 corporate job cuts, suggesting a strategic shift towards operational efficiency. AI is cited as a key driver of productivity gains, which could translate into lower prices for consumers and potentially higher ride volumes. Investors may see this as a positive development, indicating Uber's focus on optimizing its business model for sustained growth and market share expansion.

  • 28d agoNEUTRAL
    Uber is cutting 3,300 jobs despite double-digit growth as it makes room for its robotaxi future

    Uber Technologies Inc. is implementing significant layoffs, cutting approximately 3,300 jobs, despite reporting double-digit growth. CEO Dara Khosrowshahi stated the workforce reduction is intended to streamline operations, making the company 'faster and smarter.' This strategic move is directly linked to Uber's substantial investment of billions of dollars into the development of its autonomous vehicle technology and robotaxi services. For investors, this signals a major pivot towards future mobility solutions, potentially sacrificing short-term operational efficiency for long-term technological leadership in the autonomous driving sector.

  • 29d agoNEGATIVE
    Uber to Exit Nigeria, Uganda as Part of Global Restructure

    Uber Technologies Inc. announced its withdrawal from Nigeria and Uganda, effective September 2nd, as part of a broader global operational restructuring. This strategic move signals a re-evaluation of market profitability and resource allocation for the ride-hailing giant. While the company aims to streamline its global footprint, the exit from these African markets may indicate challenges in achieving sustainable growth or competitive positioning within them. Investors will be monitoring the impact on Uber's overall revenue and its ability to focus on more lucrative regions.

  • 29d agoPOSITIVE
    Azioni Uber salgono dopo il taglio di 3.300 posti: cosa devono sapere gli investitori

    Uber Technologies Inc. announced significant workforce reductions, cutting approximately 3,300 jobs, representing about 10% of its global staff. CEO Dara Khosrowshahi aims to streamline operations, reduce costs, and expedite decision-making, particularly as the company navigates the evolving landscape of autonomous vehicle technology. The news led to a pre-market stock increase of around 2%. Despite this short-term boost, Uber's stock has faced challenges, declining over 9% year-to-date and underperforming the S&P 500, amid investor concerns about potential competition from autonomous ride-hailing services like Waymo.

  • 8/14/2026POSITIVE
    Uber and China’s Pony AI to Deploy 2,000 Robotaxis in Europe

    Uber Technologies Inc. is set to significantly expand its autonomous mobility services in Europe through a partnership with Pony AI Inc. The collaboration aims to deploy over 2,000 robotaxis across the region, marking a substantial acceleration in the commercialization of self-driving technology. This strategic move positions Uber to capture a larger share of the burgeoning autonomous ride-hailing market, potentially enhancing its service offerings and operational efficiency. Investors will be watching the rollout and adoption rates closely as a key indicator of future growth in this innovative sector.

  • 8/11/2026NEUTRAL
    Uber Exits Serve Robotics Stake as Delivery Alliance Unravels

    Uber Technologies Inc. has exited its stake in Serve Robotics Inc. amid disagreements over the deployment strategy for delivery robots. This move signals a divergence in the companies' partnership, impacting Uber's broader strategy for integrating autonomous services. While Uber continues its pursuit of autonomous solutions, this specific alliance's unraveling suggests potential challenges in scaling such technologies through external partnerships. Investors will monitor Uber's alternative approaches to autonomous delivery and the impact on its long-term operational efficiency and cost structure.

  • 8/7/2026NEUTRAL
    After blowing through its entire 2026 AI budget in months, Uber CTO says, ‘We’re coming to the end of the so-called tokenmaxxing era’

    Uber's CTO, Praveen Neppalli Naga, indicated that the company is nearing the end of the 'tokenmaxxing era,' suggesting that AI adoption is not leading to the expected cost increases. Despite having already depleted its 2026 AI budget, Uber has observed a decrease in costs as adoption accelerates. This statement suggests a potential shift in AI cost dynamics, which could impact future investment strategies and operational efficiency for the company. Investors will be watching to see if this trend continues and how it affects Uber's profitability.

via Markets Gazette