NYSE: UBER · Application Software
Uber Technologies (UBER) fair value and price range
As of 26 Sep 2026, Faircurve's model values Uber Technologies (UBER) at $68.21 a share. The stock last closed at $68.11, which puts the model's fair value 0.1% above the price. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. Uber Technologies, Inc.
Faircurve Insights · 26 Sep 2026
Uber Technologies, Inc. is a leading technology corporation that conceptualises and deploys its proprietary software applications across a broad global footprint, spanning North and South America, Europe, the Middle East, Africa, and the Asia-Pacific region.
Faircurve's model found a fair value of $68.21 a share for Uber Technologies, Inc. on 26 Sep 2026, the midpoint of 2,000 simulations. The previous run on 19 Sep 2026 gave $71.17, so the fair value moved -4.2%. The calibrated range over 63 trading days is $61.84 to $80.63, built around the price from the volatility the stock's own options imply. This range held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
The overall quality score for Uber Technologies, Inc. is 61 out of 100, a score against comparable companies. On profitability it scores 88, with ROIC 18.0% against a peer median of 11.1%. On earnings quality it scores 41, with FCF / net income 1.06x against a peer median of 1.91x. The model compares Uber Technologies, Inc. with ServiceNow, Inc., Shopify Inc., Automatic Data Processing, Inc., Salesforce, Inc., and Datadog, Inc. Around its last 8 earnings reports, the median size of moves, ignoring direction, was 3.9%.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give UBER?
The calibrated range for UBER over 63 trading days is $61.84 to $80.63. It sits around the last close, and its width comes from the volatility that UBER's own options imply (37% a year), calibrated weekly against realised prices (n = 3,330 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $39.59 to $112.90. In 49% of the simulations the fair value came out above the price the model ran on.
How does UBER score on business quality?
Uber Technologies's overall quality score is 61 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 88 | 18.0%ROIC | 11.1% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 41 | 1.06xFCF / net income | 1.91x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 61 | 18.3%Revenue growth, trailing | 17.4% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 81 | 4.9%Net buybacks / market value | 3.9% |
| Balance sheetNet debt to EBITDA and interest coverage. | 43 | 1.23xNet debt / EBITDA | 0.04x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 17 | 12.3 ptsEBITDA margin downside volatility, 5y | 3.7 pts |
How does UBER compare with similar companies?
The companies in application software closest to Uber Technologies in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| NOW ServiceNow, Inc. | $134.38 | $119.92 | -10.8% | Fairly valued |
| SHOP Shopify Inc. | $151.39 | $124.38 | -17.8% | Overvalued |
| ADP Automatic Data Processing, Inc. | $257.68 | $256.37 | -0.5% | Fairly valued |
| CRM Salesforce, Inc. | $234.69 | $246.87 | +5.2% | Fairly valued |
| APP AppLovin Corporation | $268.22 | $357.73 | +33.4% | Low evidence grade |
| DDOG Datadog, Inc. | $277.22 | $232.21 | -16.2% | Overvalued |
| ADBE Adobe Inc. | $237.69 | $266.08 | +11.9% | Low evidence grade |
| CDNS Cadence Design Systems, Inc. | $351.35 | $340.24 | -3.2% | Low evidence grade |
When does UBER report earnings, and how has the stock reacted?
Uber Technologies's next earnings report is scheduled for 3 Nov 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 4.5% in either direction through the nearest expiry, about 13 days out. That is the size the market is pricing, not a direction. UBER's 30 day implied volatility works out to about 10.8% over one month.
How UBER moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 3.9%.
| Report date | Two session move |
|---|---|
| 5 Aug 2026 | -2.1% |
| 6 May 2026 | +5.2% |
| 4 Feb 2026 | -3.5% |
| 4 Nov 2025 | -7.0% |
| 6 Aug 2025 | +3.7% |
| 7 May 2025 | -4.1% |
| 5 Feb 2025 | +0.3% |
| 31 Oct 2024 | -7.8% |
Uber Technologies at a glance
Uber Technologies, Inc. is a leading technology corporation that conceptualizes and deploys its proprietary software applications across a broad global footprint, spanning North and South America, Europe, the Middle East, Africa, and the Asia-Pacific region.
- Market value
- $141.7B
- Sector
- Technology
- Industry
- Application Software
- Revenue expected, next twelve months
- $64.5B
- Consensus revenue growth, next fiscal year
- +11.2%
- Analysts with estimates
- 30
- Beta to the US market
- 0.87
- First valued by Faircurve
- 1 May 2026
How the fair value is worked out: the model prices Uber Technologies on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for UBER was $71.17. As of 26 Sep 2026 it is $68.21, a change of -4.2%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Uber Technologies's valuation
Is Uber Technologies stock undervalued or overvalued?
Faircurve's model puts UBER's fair value at $68.21 a share against a last close of $68.11, as of 26 Sep 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
What is UBER's fair value?
$68.21 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $39.59 to $112.90.
What price range does the model give UBER?
$61.84 to $80.63 over 63 trading days. Ranges built this way held the price 60% of the time across 3,330 past valuations, refreshed 26 Sep 2026.
When does Uber Technologies report earnings next?
The next report is scheduled for 3 Nov 2026. Companies can move their dates.
How much has UBER moved on past earnings reports?
Across its last 8 reports the median two session move was 3.9%, ignoring direction. The largest was -7.8% around the report of 31 Oct 2024.
How confident is the model in this valuation?
The model's evidence grade for UBER is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.