Markets· August 16, 2026 at 09:18 p.m.
Uber's Q2 Earnings Disappoint Wall Street Despite AV Ambitions
Key takeaways
- Uber's Q2 gross bookings increased by 24%
- The company reached a significant milestone with $10 billion in trailing 12-month free cash flow
- Uber is investing over $10 billion in its AV labs division
Investment analysts at The Motley Fool Stock Advisor have expressed mixed opinions about Uber Technologies' Q2 earnings, with some viewing the company's performance as a missed opportunity and others seeing potential for growth in its autonomous vehicle (AV) division. Despite a 24% increase in gross bookings to $58 billion and a significant milestone of surpassing $10 billion in trailing 12-month free cash flow, the stock experienced a 5% decline due to underwhelming revenue growth and guidance.
