As Uber prepares to report Q2 2026 earnings around August 5 and Micron readies its Q4 FY2026 results near September 22, congressional trading data shows notable positioning in both stocks. Rep. Ro Khanna appears in eight UBER trades and five MU trades according to the latest filings, joining a broader list of lawmakers including Sheldon Whitehouse, Gilbert Cisneros, and others who have been active in tech names ahead of earnings. The timing of this activity raises questions about how Congress views the sectors heading into what analysts expect to be strong reports.
Uber enters the print with consensus estimates calling for roughly $0.83 in EPS and $14.25-14.50 billion in revenue, building on its Q1 beat of $0.72 EPS on $13.2 billion. Analysts maintain Buy ratings with average price targets near $104-108, implying upside from recent levels around $75. The focus remains on mobility and delivery margin expansion plus autonomous vehicle progress. Micron, fresh off a massive Q3 beat with adjusted EPS of $25.11 on $41.46 billion revenue, has guided Q4 to $49-51 billion in revenue and $30-32 non-GAAP EPS. Street forecasts cluster near $31.24 EPS for the upcoming report, fueled by continued AI memory demand and HBM momentum. These numbers reflect hundreds of percent year-over-year EPS growth in recent quarters.
The earnings watch list extends beyond these two names. Additional trade activity appears in NFLX, MRVL, T, MA, PENN, ABT and ACN, with Ro Khanna again showing up frequently across technology, communication services, and financials. One aggregated bucket captured 43 trades involving a wider group including Michael McCaul, Shelley Capito, John Fetterman, David McCormick and Ann Wagner. While exact buy and sell direction varies by filing, the cluster of activity in earnings-sensitive tech and consumer names stands out.
This pattern fits a familiar rhythm where lawmakers increase exposure to high-conviction growth themes before quarterly catalysts. Micron's AI tailwinds and Uber's unit economics improvements have drawn Wall Street upgrades and raised targets throughout the year. Whether these congressional trades prove prescient will become clearer after the reports land and guidance is digested. Retail investors tracking the filings should note that disclosure deadlines can lag actual trade dates by up to 45 days.
This is data analysis, not financial advice.
This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.