- Uber’s third quarter gross bookings are projected between $48.25 billion and $49.75 billion, surpassing estimates of $47.58 billion.
- The company anticipates an adjusted EBITDA between $2.19 billion and $2.29 billion, slightly ahead of the $2.22 billion forecast.
- Second quarter results demonstrated strong growth with gross bookings reaching $46.76 billion, a 17% increase from the previous year.
- Mobility bookings were $23.76 billion, growing 16% year-over-year, though slightly below estimates.
- Delivery bookings rose significantly to $21.73 billion, marking a 20% increase and beating estimates.
- Freight bookings slightly declined by 0.9% year-over-year, totaling $1.26 billion.
- Overall revenue rose to $12.65 billion, an 18% increase from the previous year and above expectations.
- Adjusted EBITDA improved by 35% year-over-year, reaching $2.12 billion.
- Earnings per share increased to 63 cents from 47 cents year-over-year.
- The number of trips saw an 18% year-over-year increase, totaling 3.27 billion.
- Net income increased by 33% year-over-year to $1.36 billion, surpassing estimates.
- Monthly active platform consumers grew by 15% to 180 million, exceeding estimates.
- Stock-based compensation totaled $475 million, a 4.4% year-over-year increase.
- Uber announced a new $20 billion share repurchase program, signaling strong business confidence.
- The company expects 2025 stock-based compensation between $1.7 billion and $1.9 billion.
- Third quarter predictions include stable global mobility trip growth around 19% with pricing trends akin to the second quarter.
- In the U.S., early efforts to improve affordability are anticipated to result in accelerated trip growth in the third quarter.
Uber Technologies on Smartkarma
Analyst coverage of Uber Technologies on Smartkarma reveals positive sentiments from Baptista Research. In their report titled “Uber Technologies: Adoption & Integration of Autonomous Vehicles In An Attempt To Build A Unique Competitive Edge In Mobility!“, insights from Uber’s Q1 2025 earnings call indicate robust growth across key metrics in a competitive environment. The report highlights both strengths and challenges faced by the company, offering investors valuable perspectives on Uber’s strategic outlook.
Another analysis by Baptista Research, titled “Uber Technologies: Expanding Network & Geographic Penetration To Shape the Future!“, discusses Uber’s fourth quarter and full-year 2024 earnings report. The report emphasizes Uber’s growth exceeding expectations, with gross bookings up by 21% on a constant currency basis. This positive outlook on Uber’s expansion and performance underscores the potential for the company to shape the future of mobility through network expansion and strategic geographic penetration.
A look at Uber Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Uber Technologies Inc, known for providing ride-hailing services through its innovative mobile applications, is poised for a bright future ahead. According to Smartkarma’s Smart Scores, Uber excels in growth and momentum, both receiving the highest ratings of 5. This suggests that Uber is thriving in terms of expanding its business and maintaining market traction, indicating positive long-term prospects.
Although Uber’s value and dividend scores are more moderate, with values of 2 and 1 respectively, its resilience score of 4 showcases its ability to weather challenges and adapt to changes in the market. With a strong emphasis on growth and momentum, Uber Technologies is positioned to continue its success in the ride-hailing industry on a global scale.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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