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Uber Q1 revenue jumps 14 but misses forecasts yet shares rally on bold Q2 outlook
Technology
Published on 6 May 2026
What drove shares higher despite a slight miss
Uber reported Q1 revenue up 14% year over year, but it narrowly missed expectations. Even so, the stock rose after the company lifted confidence with a strong outlook for Q2 gross bookings and adjusted earnings per share. Analysts say Uber’s steady pricing and push into higher-margin delivery and new geographies, especially internationally, are paying off.
- Uber Q1 revenue rose 14% year over year
- Results slightly missed expectations, but shares climbed
- Strong forecast for Q2 gross bookings and adjusted EPS
- Strategy focus: steady pricing and higher-margin expansion
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times