Uber Technologies stock: Goldman Sachs sets USD 110.00 target for Uber Technologies stock

Published on 10/20/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Uber reported USD 14.19 billion revenue in the second quarter. Uber Technologies stock costs EUR 61.75 on October 20, 2026.

Goldman target and results

Goldman Sachs set a USD 110.00 target for Uber Technologies on October 13, 2026.
Second-quarter revenue reached USD 14.19 billion, up 12.00 percent year over year.
Uber Technologies stock costs EUR 61.75 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST.

Architektonisches 3D-Render eines modernen Bürohochhauses mit Fahrzeugen an der Vorfahrt — Architektur-Render visualisiert Uber Technologies (US90353T1007): moderne Glasfassade mit unbedruckten Fahrzeugen an überdachter Vorfahrt, Illustration mit AI erstellt.

Uber Technologies (ISIN US90353T1007) is trading at EUR 61.75 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST. Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and set a USD 110.00 price target on October 13, 2026, as reported by The Globe and Mail.

Revenue growth remains substantial

Uber reported USD 14.19 billion in revenue for the second quarter of 2026, an increase of 12.00 percent from the year-earlier period. Operating profit reached USD 1.89 billion, up 30.30 percent year over year, according to Benzinga.

The same quarter produced USD 2.44 billion in consolidated net income and diluted earnings per share of USD 1.17. Operating profit therefore grew faster than revenue, giving investors a clearer profitability signal than the top-line figure alone.

Goldman target sets the valuation frame

The USD 110.00 target is above the recent USD 69.36 Nasdaq quote dated October 20, 2026 at 10:39 a.m. ET. Goldman Sachs' view sits alongside a broader consensus target of USD 103.11 from 43 analysts, according to MarketBeat.

The valuation case also depends on cash generation and autonomous-vehicle spending. Uber's trailing-twelve-month free cash flow exceeded USD 10.00 billion, while management said autonomous vehicles were operating through its platform in seven cities and targeted 15 cities by the end of 2026, as reported by Yahoo Finance.

Dates and valuation remain central

Uber's next quarterly reporting date is not included in the company information reviewed here. The latest completed reporting period remains the second quarter of 2026, dated June 30, 2026, with revenue of USD 14.19 billion and operating profit of USD 1.89 billion.

Stock price and investor perspective

Uber Technologies has a market capitalization of USD 141.7 billion and a trailing price-to-earnings ratio of 15.25 as of October 20, 2026. On the Nasdaq, the stock was trading at USD 69.36 on October 20, 2026 at 10:39 a.m. ET, while the euro quotation stood at EUR 61.75 at Lang & Schwarz at 4:33 p.m. CEST.

The current picture combines double-digit revenue growth with a target that places attention on future cash generation. For investors, the key comparison is operating profit growth of 30.30 percent against revenue growth of 12.00 percent in the second quarter.

The further course of trading is shown by the continuously updated real-time quote of Uber Technologies stock.