UBER
Uber Technologies Inc
NYSE: UBER · TECHNOLOGY · SOFTWARE - APPLICATION
$68.85
-1.01% today
Updated 2026-06-12
Market cap
$145.79B
P/E ratio
17.77
P/S ratio
2.72x
EPS (TTM)
$4.03
Dividend yield
—
52W range
$68 – $102
Volume
17.0M
Uber Technologies Inc (UBER) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed UBER price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$68.85
Today
Analyst consensus
$107.03
+55.45% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
33 analysts:
15 Buy3 Hold1 Sell
Management guidance
No specific CEO revenue targets for 2026-2030 disclosed in available data. Management has historically guided conservatively relative to analyst expectations. Company focuses on path to sustained profitability and free cash flow generation rather than aggressive revenue growth targets.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
UBER · Uber Technologies Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
UBER financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $52.0B | $59.5B | $68.0B | $78.2B | $90.1B | $103.8B |
| Revenue growth | 18.3% | 14.4% | 14.3% | 15.0% | 15.2% | 15.3% |
| Net margin | — | — | — | — | — | — |
| EPS | $5.30 | $3.40 | $4.38 | $5.40 | $6.85 | $8.50 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $344.83 | $395.12 | $459.78 | $524.43 | $603.46 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $103.8B | $103.8B | $103.8B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because UBER is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
UBER catalysts and risks
Growth catalysts
+ Robotaxi scaling: $1.25B Rivian deal (50k vehicles by 2030), WeRide Dubai operations, Pony.ai Europe expansion
+ Advertising revenue acceleration: High-margin ad platform growth from massive user base and Uber One membership
+ Uber Eats profitability inflection: Delivery margins expanding as platform scales and takes share from DoorDash
+ International expansion: Grab/Southeast Asia, Middle East robotaxi leadership positioning
+ Mobility mix shift: Higher-margin Uber Black/Elite services growing with Blacklane acquisition
Key risks
- Regulatory driver classification litigation: 3,700+ pending sexual assault cases in California MDL, state-level gig classification laws (California, UK)
- Macro sensitivity: Ride-sharing demand cyclical to consumer spending; delivery volume discretionary in downturns
- Robotaxi execution risk: Competition from Waymo, Tesla, Cruise; timeline slippage would delay margin expansion
- Restaurant partner defection: Rave Restaurant Group and others exiting due to high marketplace fees; DoorDash competitive pressure
- Geopolitical: WeRide exposure to China regulatory/trade friction; Middle East geopolitical volatility
Methodology · Uber Technologies Inc 2030 stock forecast model
Uber Technologies Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 33 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for UBER by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.
UBER price target FAQ
How is the Uber Technologies Inc 2030 stock forecast calculated?
The UBER 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on UBER stock?
33 analysts cover UBER with an average 12-month price target of $107.03. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.