Uber falls on weak forecast for profit in first quarter

Shares of Uber Technologies UBER.N down 8.1% at $71.65 premarket

Co forecasts first-quarter adjusted earnings per share of 65 cents to 72 cents, compared with analysts' expectations of 76 cents - LSEG

Expects gross bookings between $52.0 bln and $53.5 bln for the first quarter, above estimates of $51.16 bln

Trips rose 22% in Q4 to 3.8 billion, compared with 18% growth in the same period year prior

Co reports Q4 adjusted profit per share of 71 cents and missing estimates of 79 cents

Q4 gross bookings rose 22% to $54.14 bln, while revenue increased about 20% to $14.37 bln

Stock down ~5% this year, gained 35.5% in 2025