Uber Technologies, Inc. (UBER)

FairStock Score: 77/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-26 close of $66.13, Uber presents the classic value investor's tension: a better operating business than its history, but not a bargain on every yardstick. The network across Mobility, Delivery and Freight has real scale, and the latest filed numbers show it: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $14.2B, net income $2.4B, and diluted EPS $1.17, versus revenue of $12.7B, net income of $1.4B, and diluted EPS of $0.63 in fiscal Q2 2025. For the full year, fiscal 2025 revenue was $52.0B versus $44.0B in fiscal 2024, while net income rose only from $9.9B to $10.1B. Cash generation is meaningful: TTM free cash flow is $10.1B, a 7.5% FCF yield per FairStock. FairStock's P/E is 14.50, which looks undemanding, and ROE is 37.16%. But Graham would not ignore P/B of 4.94, a Graham Number of $37.06, and a -79.98% margin of safety; at $66.13 the price is well above that conservative value estimate. ROCE of 6.88% is modest, Altman Z is 2.28, and Piotroski is 4/9, so the balance sheet and capital efficiency are not obviously fortress-like. FairStock classifies it as a TURNAROUND because it returned to profit after a loss within the last three years. I see improving profitability and cash flow, but the price already reflects much of that improvement; the key question is whether recent profit is durable.

In plain English: Uber runs apps that connect people with rides, food and package delivery, and freight. The business looks stronger than before: revenue and profit are rising, and it produces substantial cash. At $66.13, the price looks somewhat inexpensive compared with recent profits and cash flow, but rich compared with its accounting value and a conservative value estimate.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer