TD Cowen analyst John Blackledge has reiterated a Buy rating on Uber Technologies and maintained a price target of $118. This reiteration provides investors with a continued benchmark for the stock, reflecting the firm's sustained confidence in the company's future performance potential relative to the broader market.

The Buy stance indicates that the stock is expected to deliver returns superior to the sector average over the rating period. This rating suggests confidence in Uber's operational strategy and its ability to navigate current market dynamics effectively.

The maintenance of the $118 price target follows a review of Uber's financial position and business trajectory. While specific drivers for the valuation were not detailed in the filing, the positive rating underscores a bullish thesis on the company's fundamental strengths.

Uber Technologies will discuss its financial performance for the second quarter of 2026 during a conference call scheduled for Wednesday, August 5. The earnings call provides a platform for the company to detail its operational results and strategic outlook to investors and analysts.

The teleconference is set to commence at 5:00 a.m. Pacific Time. Participants can access the live audio webcast and the accompanying earnings release materials through Uber’s Investor Relations website at investor.uber.com. For those unable to attend the live session, a replay of the call will be made available and accessible for at least 90 days following the event.

Disclosure and Compliance

Uber utilizes its Investor Relations website as a primary channel for disclosing material nonpublic information. This practice aligns with the company's obligations under Regulation FD. The company advises investors to regularly monitor its Investor Relations website to stay informed, in addition to reviewing press releases, SEC filings, public conference calls, and webcasts.

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