Uber Trades 44% Below Consensus Target as Evercore Sees It Doubling to $150

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โดย 24/7 Wall St.·

Summary · why it matters

Uber shares are trading at $71.10, roughly 44% below the Wall Street consensus 12-month price target of $102.13, even as Evercore ISI analyst Mark Mahaney keeps a Street-high $150 target that implies about 111% upside. The stock is down more than 30% from its 52-week high and 25.51% over the past year, pressured by a string of top-line misses: Q2 FY2026 revenue of $14.19 billion came in 0.5% below consensus and EPS of $0.81 fell short of the $0.83 estimate, following misses in Q1 and Q4, the latter driven by a $1.6 billion equity revaluation headwind. Mahaney's bull case rests on the Uber One subscription flywheel, where members spend roughly 3x more than non-members, accelerating free cash flow conversion, and expansion into higher-margin verticals such as advertising, grocery, and travel; gross bookings grew 22% year on year in Q2 to more than $58 billion, non-GAAP EPS grew 35%, and trailing 12-month free cash flow crossed $10 billion for the first time. Among gig-economy peers, Lyft trades near $14.90, down 23.08% year to date against a $19.84 consensus target, DoorDash sits at $197.25, off 12.91% year to date versus a $254.43 target, and Grab Holdings trades at $3.04 after a 39.08% year-to-date decline, with analysts pegging fair value at $5.86 for roughly 93% upside, the largest consensus gap in the group. Uber is down 12.98% year to date while the S&P 500 is up 11.81%, a roughly 25-point relative underperformance for a company that just posted 35% non-GAAP EPS growth.