Uber Falls After Bookings Outlook Barely Meets Estimates
3 sources·Updated August 5, 2026
Uber earnings
Covered by 3 sources
- ET Markets·12h agoUber shares drop 6% as weak forecast overshadows strong bookings
Uber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle investments.
Read at ET Markets → - The News Biz PK·13h agoUber disappoints with weaker-than-expected third-quarter bookings and earnings forecast
Uber issued earnings forecast that fell short of consensus estimates while second-quarter profit was in line with expectations. On Wednesday, the company’s shares plummeted about 3.5% after the release.According to LSEG, Uber sees bookings of $59.25 billion at the middle of its…
Read at The News Biz PK → - Bloomberg Technology·15h agoUber Falls After Bookings Outlook Barely Meets Estimates
Uber Technologies Inc. shares suffered their worst rout in almost eight months after the company issued a bookings outlook that just met analyst estimates, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.
Read at Bloomberg Technology →
