Uber Shares Slide After Q4 Outlook Disappoints

Uber Technologies (UBER) saw its stock fall 5% in early trading Tuesday after the company’s fourth-quarter guidance came in slightly below analyst expectations, despite a strong revenue beat for the third quarter.

Q3 Results Beat Estimates

Revenue: $13.47 billion vs. $13.28 billion expected (LSEG)
Earnings: $3.11 per share vs. $0.68 expected (unconfirmed)
Uber’s topline performance outpaced Wall Street’s projections, driven by sustained demand in both mobility and delivery segments.

Guidance Raises Concerns

For Q4 2025, Uber expects:

Adjusted EBITDA: $2.41 billion to $2.51 billion
Analyst consensus: $2.47 billion (FactSet)

While still strong, the midpoint suggests a modest slowdown in profitability growth compared to prior quarters.

Market Reaction

Investors reacted cautiously, sending shares down about 5%. Analysts noted that despite the company’s robust operating results, uncertainty around EPS accuracy and a slightly soft Q4 outlook weighed on sentiment.