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Nov 4, 2025 4:00 AM

Bill Ackman's Top Pick Uber On Radar As Investors Eye $49 Billion Gross Bookings Target In Q3

Uber Technologies Inc. (NYSE:UBER) is in the spotlight as it prepares to report its third-quarter 2025 earnings before the opening bell on Tuesday, with investors closely watching whether the company can meet the aggressive financial targets set by its leadership.

Check out UBER’s stock price here.

Uber CEO Sees Mid-30s EBITDA Growth In Q3

After a record-breaking second quarter, all eyes are on Uber’s third-quarter guidance for Gross Bookings, projected to land between $48.25 billion and $49.25 billion. The company also guided for Adjusted EBITDA between $2.19 billion and $2.29 billion.

Achieving these numbers would represent “another quarter of high teens gross bookings growth” and “low to mid-30s EBITDA growth,” said Uber CEO Dara Khosrowshahi during its second quarter earnings call.

Bill Ackman Sees Uber As ‘Significantly Undervalued’

The high expectations are bolstered by strong conviction from prominent investors, including Bill Ackman.

His firm, Pershing Square, recently described its position in Uber, calling the stock “significantly undervalued” and ...