• Uber's EPS of $3.11 in Q3 2025 significantly exceeded expectations, showcasing over 100% year-over-year growth.
• The company's total revenues hit $13.46 billion, a 20.4% increase from the previous year, beating consensus estimates.
• Despite a recent sell-off, Uber's strong fundamentals and optimistic future projections, including a price target of $122 by Mark Kelley from Stifel Nicolaus, highlight its growth potential.

Uber Technologies, Inc. (NYSE: UBER) is a global leader in ride-sharing and food delivery services, known for its innovative approach to transportation and logistics. Competing with major players like Lyft and DoorDash, Uber focuses on technology-driven solutions in the ride-sharing and food delivery markets.

On November 4, 2025, Mark Kelley from Stifel Nicolaus set a price target of $122 for Uber. At that time, Uber's stock was priced at approximately $93.94, suggesting a potential increase of about 29.87%. This optimistic outlook comes despite a recent sell-off in Uber's stock, which aligned with broader market trends.

Uber's third-quarter 2025 results were impressive, with earnings per share (EPS) of $3.11, far exceeding the Zacks Consensus Estimate of 67 cents. This represents a significant increase of over 100% compared to the previous year. Total revenues reached $13.46 billion, surpassing the consensus estimate of $13.26 billion, and reflecting a 20.4% year-over-year growth.

Despite these strong results, Uber's stock experienced a decline following the earnings announcement. This was partly due to a cautious outlook for the fourth quarter. However, Uber remains fundamentally strong, with healthy free cash flow and leading industry partnerships. The company's focus on autonomous driving and generating free cash flow is expected to drive future growth.

Uber's Mobility segment was a major contributor to its revenue, accounting for 57% of the total and experiencing a 20% increase year over year. Looking ahead, Uber's fourth-quarter forecast for gross bookings is projected to be between $52.25 billion and $53.75 billion, with adjusted EBITDA expected to range from $2.41 billion to $2.51 billion.