NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
UBER
Uber Technologies, Inc.
UBER's fundamentals are strong, but it looks expensive: trading at 40x earnings, more than twice its usual 17x. Its downside scenario is about five times its upside.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
UBER Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Healthy |
UBER's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
UBER PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $26.01 | -62% |
| Fair | 17x | $29.70 | -57% |
| Forward | 17x | $69.12 | — |
| Current | 40x | $69.12 | — |
| Expensive | 93x | $160 | +131% |
Historical ranges are pointers, not guarantees.
UBER has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
UBER Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
UBER has the edge over NBIS on the outlook, with more favorable earnings expectations.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over UBER in the latest year-over-year earnings comparison.
UBER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.07 | +138% |
| Q3 2026 | $1.71 | -78% |
| Q2 2026 | $4.57 | -22% |
| Q1 2026 | $4.03 | -29% |
| Q4 2025 | $4.73 | +3.7% |
| Q3 2025 | $7.78 | +285% |
| Q2 2025 | $5.87 | +538% |
| Q1 2025 | $5.71 | +806% |
| Q4 2024 | $4.56 | +424% |
UBER's earnings per share have fallen from their peak: $1.71 over the past year, against $7.78 in late 2025.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
UBER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14.8B | +9.6% |
| Q2 2026 | $14.2B | +12% |
| Q1 2026 | $13.2B | +14% |
| Q4 2025 | $14.4B | +20% |
| Q3 2025 | $13.5B | +20% |
| Q2 2025 | $12.7B | +18% |
| Q1 2025 | $11.5B | +14% |
| Q4 2024 | $12B | +20% |
UBER has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.8% | +1.5 points |
| Q2 2026 | 13% | +1.9 points |
| Q1 2026 | 15% | +3.9 points |
| Q4 2025 | 12% | +5.9 points |
| Q3 2025 | 8.3% | -1.2 points |
| Q2 2025 | 11% | +4 points |
| Q1 2025 | 11% | +9 points |
| Q4 2024 | 6.4% | -0.1 points |
UBER's operating margin was 9.8% last quarter, up 1.5 points from the same quarter a year ago.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
UBER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5B | +14% |
| Q2 2026 | $2.8B | +13% |
| Q1 2026 | $2.3B | +1.6% |
| Q4 2025 | $2.8B | +65% |
| Q3 2025 | $2.2B | +5.7% |
| Q2 2025 | $2.5B | +44% |
| Q1 2025 | $2.3B | +66% |
| Q4 2024 | $1.7B | +122% |
UBER generated $10.4B in free cash flow over the past year, up 20% from the year before.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over UBER on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
UBER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +99K shares |
| 1 year | -3.5% | -74.1M shares |
| 3 years | -2.8% | -58.2M shares |
| 5 years | +8% | +151M shares |
| Available history | +19% | +326M shares |
UBER has 2.1B diluted shares, down 3.5% from a year ago, with $6.2B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $750M |
| Q2 2026 | $518M |
| Q1 2026 | $3B |
| Q4 2025 | $1.9B |
| Q3 2025 | $1.5B |
| Q2 2025 | $1.4B |
| Q1 2025 | $1.8B |
| Q4 2024 | $555M |
UBER spent $6.2B buying back its own shares over the past year, up 20% from the year before.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
UBER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.8x | Very low |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.0x | Healthy |
UBER's net debt is less than a year of its operating earnings (EBITDA).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
UBER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 19.7 | Oversold |
UBER's weekly RSI is 45 (neutral) and its Stochastic is 20 (oversold).
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
UBER PE vs Technology Sector
| Metric | UBER | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 45% above |
| PE % | 68 | 35 | 33 pts above |
UBER has the edge over NBIS on valuation relative to its sector.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
UBER has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus UBER above 2 of 5.
UBER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.7 | 0.7% above |
| 20 week MA | $71.7 | 3.6% below |
| 50 week MA | $74.4 | 7.1% below |
| 100 week MA | $78.9 | 12% below |
| 200 week MA | $67.9 | 1.8% above |
UBER's trend is mixed: it's above two of its five weekly moving averages, and 1.8% above its 200-week average.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over UBER on returns for 2026, with the stronger performance.
UBER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.2 | $52.9 | +75% |
| 2021 | $52.9 | $43.9 | -17% |
| 2022 | $43.9 | $24.6 | -44% |
| 2023 | $24.6 | $61.6 | +150% |
| 2024 | $61.6 | $61.1 | -0.7% |
| 2025 | $61.1 | $81.3 | +33% |
| 2026 YTD | $81.3 | $69.1 | -15% |
UBER's yearly returns have swung widely, from +150% in 2023 to −44% in 2022. It's down 15% so far in 2026.