Uber reported Q3 revenue of $14.77 billion, slightly above estimates, driven by strong growth in its freight division. However, earnings per share fell short at 25 cents versus 96 cents expected, and its core mobility and food delivery units missed revenue targets amid challenges like rising fuel costs and driver shortages overseas. Uber plans to expand its autonomous vehicle fleet to over 2,000 by 2027 and continues to grow through acquisitions and partnerships, including with Costco. The company forecasts Q4 bookings around $64.5 billion, in line with analyst expectations.
As of Nov 04, 2026 20:01 WIB, Uber Technologies Inc trades at USD 66.50 on Pluang, down slightly by 0.15% over the past day, with a market cap of $136.03 billion. Despite Uber's mixed earnings report, investor interest remains mostly positive with 84% of Pluang order activity on the buy side. Meanwhile, Costco shares are up 1.91% at USD 1,038.73, showing stronger momentum in the consumer staples sector.
