New York, Feb 1, 2026, 05:00 EST — Market closed.
- Uber shares slipped 2% Friday, closing at $80.05 amid a wider market sell-off.
- Bank of America lowered its target to $110 ahead of next week’s earnings, but maintained a buy rating.
- Traders are eyeing Uber’s Feb. 4 earnings and Friday’s U.S. jobs report as the next potential catalysts.
Uber shares ended Friday down 2.0%, closing at $80.05 as the U.S. markets went dark for the weekend. Lyft dropped roughly 5%, while DoorDash slipped around 1.5%.
Trading picks back up Monday, but all eyes are on Uber’s Q4 and full-year earnings, due Wednesday, Feb. 4. The company plans to kick off its results call at 8:00 a.m. Eastern, it said. With Uber stock often driven by expectations, how it frames margins and spending could be just as critical as the actual numbers. (Uber Investor Relations)
Wall Street’s main indexes fell on Friday as traders digested Donald Trump’s choice of Kevin Warsh to head the Federal Reserve, along with earnings reports and a new inflation signal from producer prices. “Markets are calibrating to Trump’s pick of Kevin Warsh … and the outlook for monetary policy,” said Michael Hans of Citizens Wealth. Angelo Kourkafas at Edward Jones highlighted “mixed tech earnings” and “lingering inflation pressure.” (Reuters)
Late in the week, analyst adjustments on Uber continued. Justin Post reaffirmed his buy rating, setting a $110 price target, according to TipRanks data. Remember, a price target reflects where brokers expect a stock to trade over the next year or so—it’s not a guarantee. (TipRanks)
Uber closed Friday roughly 21.5% under its 52-week peak of $101.99 from September, with trading volume surpassing its 50-day average, according to MarketWatch data. Such a surge in volume often points to repositioning ahead of a catalyst. (MarketWatch)
Traders will zero in on gross bookings when the company reports — that’s the total value of rides and deliveries sold through the app — alongside the take rate, the cut Uber retains as revenue. Keep an eye on incentives as well; if they climb, margins can tighten fast in the near term.
Autonomy has returned to the spotlight, though Uber is still leaning heavily on partnerships. The company is pouring $250 million into Waabi, aiming to roll out 25,000 robotaxis eventually, according to Business Insider. Lior Ron highlighted Uber’s strengths in building marketplaces, matching supply and demand, and pricing.
The risk scenario is clear-cut. A weaker bookings outlook, increased spending, or signs of intensifying price competition could easily overshadow a modest beat—especially in a market already jittery about rates.
Macro factors could continue to sway the stock during earnings week. The U.S. Bureau of Labor Statistics plans to release its Employment Situation report on Friday, Feb. 6 at 8:30 a.m. Eastern — a key data point that frequently shifts yields and quickly reshapes risk appetite. (Bureau of Labor Statistics)
Uber is set to release its earnings ahead of the U.S. market open on Feb. 4.
