Stock Movers: Uber Technologies, Shopify, DoorDash, Airbnb

Scott Peters
07 Aug, 2025
New York City

Airbnb Inc. dropped 5.6% to $122.7, and the online vacation rental company said net income advanced in the second quarter.

Consolidated revenue in the June quarter increased 13% to $3.1 billion from $2.7 billion, net income advanced 16% to $642 million from $555 million, and diluted earnings per share rose to $1.03 from 86 cents a year ago. 

The company guided third-quarter revenue between $4.02 billion and $4.10 billion and adjusted earnings to increase to $2.0 billion. 

The company used $1 billion of its authorization to purchase its own shares, and the company announced a new $6 billion stock repurchase plan.

Over the last twelve months ending in the second quarter, the company spent $3.7 billion to acquire its class A common stock and lowered its fully diluted shares to 652 million from 673 million a year ago. 

DoorDash Inc. rose 8.5% to $280 after the food delivery company’s net income swung to a profit from a year ago in the June quarter.

Consolidated revenue in the June quarter increased to $3.3 billion from $2.6 billion, net income swung to a profit of $285 million from a loss of $157 million, and diluted income per share swung to a profit of 65 cents from a loss of 38 cents a year ago.

For the six-month period, revenue advanced to $6.3 billion from $5.1 billion, net income swung to a profit of $478 million from a loss of $180 million, and diluted income per share swung to a profit of $1.09 from a loss of 44 cents a year ago.

During the six-month period, the company returned $7 million to stockholders in the form of share repurchases.

The company guided adjusted EBITDA in the next quarter to range between $680 million and $780 million and Marketplace GOV to range between $24.2 billion and $24.7 billion a quarter earlier.

During the second quarter the company acquired Deliveroo plc for about $3.9 billion.

“We continue to expect our proposed acquisition of Deliveroo plc to close during Q4 2025.” The company noted.

Shopify Inc. declined 0.2% to $154.7 despite the Canada-based e-commerce company reporting more than a five-fold jump in earnings in the second quarter. 

Consolidated revenue in the June quarter increased to $2.6 billion from $2.0 billion, net income jumped to $906 million from $171 million, and diluted earnings per share rose to 70 cents from 13 cents a year ago.

For the six-month period, revenue advanced to $5.0 billion from $3.9 billion, net income swung to a profit of $224 million from a loss of $102 million, and diluted earnings per share rose to an income of 17 cents from a loss of 8 cents a year ago.

Management has reiterated that cash dividends are not expected to be distributed for the foreseeable future.

Shopify guided third-quarter revenue to grow at a mid-twenties percentage rate a year ago.

Uber Technologies Inc. fell 0.2% to $89.01, and the ride-hailing and delivery services provider reported a muted increase in sales and earnings in the latest quarter.

Revenue increased to $12.6 billion from $10.7 billion, net income jumped to $1.4 billion from $1.0 billion, and diluted earnings per share rose to $0.63 from $0.47 a year ago.

For the six-month period, revenue edged higher to $24.2 billion from $20.8 billion, net income soared to $3.1 billion from $361 million, and diluted earnings per share advanced to $1.47 from 15 cents a year ago.

The company's board authorized a new share repurchase program for an additional $20 billion.

During the second quarter, the company returned $1.3 billion to shareholders through its stock repurchase program. 

 Looking ahead to the third quarter of 2025, the company projected "robust year-over-year growth, driven by strong underlying demand and recent strategic acquisitions."

Gross bookings are expected to range between $48.25 billion and $49.75 billion, reflecting a 17% to 21% increase year-over-year on a constant currency basis. 

This outlook factors in a neutral to modestly positive foreign exchange impact on total reported growth.

Adjusted EBITDA is projected to fall between $2.19 billion and $2.29 billion, representing a 30% to 36% increase compared to the same period last year.