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Uber Q3 2025 Earnings Preview: Bookings Growth Meets Autonomous Ambitions | 4th November 2025

Uber’s Growth & Gear Shift

Uber Technologies is scheduled to report its Q3 2025 earnings after U.S. markets close on Tuesday, November 4. With ride-hailing and delivery volumes showing signs of recovery, investor focus has shifted to how well Uber can capitalise on this momentum — while simultaneously advancing its autonomous vehicle (AV) strategy and maintaining profitability in the face of heavy investment.

Uber Performance Snapshot

Analyst estimates point to gross bookings around US$48.97 billion, up from ~US$40.97 billion a year ago.

Revenue for 2025 is projected at about US$51.43 billion, implying ~16.9% growth year-on-year.

Adjusted EPS estimates vary; some compute around US$0.91 per share.

Uber Q3 2025 Earnings Forecast: Current Price & Context

Uber shares are currently trading in the region of US$100–US$105, reflecting cautious optimism around its rebound in bookings and potential upside from its AV partnerships. With gross bookings projected to be nearly US$49 billion, investors will watch whether the increased scale translates into accelerated profitability and how the autonomous segment begins to contribute to the long-term narrative.

Key Focus Areas

1.Gross Bookings Momentum & Delivery Recovery — With ride and delivery segments resurging, the scale of bookings growth will be a major performance anchor.

2.Autonomous & Mobility Partnerships — Investors will look for updates on Uber’s collaborations with companies like Waymo and NVIDIA Corporation (in the AV stack) to assess the “next-gen mobility” trajectory.

3.Profitability & Cost Leverage — With growth comes rising costs (drivers, logistics, tech). The margin outlook and operating leverage will matter as Uber scales.

4.Capital Allocation & Share Buyback — How Uber deploys its free cash flow — whether into growth, partnerships or buybacks — will influence investor sentiment.

5. Macro & Consumer Demand Sensitivity — As a platform exposed to consumer behaviour, macroeconomic conditions, and travel/delivery trends will impact performance.

Technical and Market Outlook

Trend: Moderately bullish — with upside potential if bookings beat expectations.

Resistance: ~$115

Support: ~$90–95

Forecast: A strong print could lift the stock toward ~$120+, but weak guidance or margin softness could see retest of the ~$90 level.

Investor Sentiment

Sentiment is cautiously optimistic: many believe Uber’s platform resilience is improving, yet the AV story and cost discipline remain significant risk factors. Institutional investors are watching for “proof of progress” rather than just bright headlines.

Wrap-up

Uber’s upcoming Q3 earnings report will be more than a numbers event — it’s potentially a reaffirmation of its transition from rebound to sustainable growth. The rise in bookings is encouraging, but meaningful gains will come only if Uber shows it can convert higher volume into improved margins and lay out a credible path for its AV and mobility business. For investors, the key question is: Is Uber back — and if so, how strong and how fast?

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