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Uber stock surges 9 percent as 53 7 billion bookings top estimates

Business
Published on 6 May 2026
Uber stock surges 9 percent as 53 7 billion bookings top estimates

The bookings number beat expectations by a wide margin

Uber shares jumped about 9% in premarket trading after its first-quarter 2026 results beat Wall Street across the metrics investors track most: earnings, bookings, and EBITDA. With $53.7 billion in bookings ahead of forecasts, traders are reassessing whether Uber is moving into another strong growth stretch and what comes next for its growth story.

  • Uber shares rose roughly 9% in premarket trading
  • First-quarter 2026 results beat estimates on earnings and EBITDA
  • Bookings hit $53.7 billion, overshooting Wall Street expectations
  • Investors are rethinking Uber’s next phase of growth
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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