Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. Uber operates in over 70 countries, with over 171 million users who order rides or food at least once a month. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
Services Overview
For Uber, the consensus sales estimate for the current quarter of $11.61 billion indicates a year-over-year change of +14.6%. For the current and next fiscal years, $50.58 billion and $58.3 billion estimates indicate +15% and +15.3% changes, respectively. The consensus earnings estimate of $2.54 for the current fiscal year indicates a year-over-year change of -44.3%. Uber is expected to post earnings of $0.51 per share for the current quarter, representing a year-over-year change of +259.4%.
According to the research reports of 37 Wall Street equities research analysts, the average twelve-month stock price forecast for Uber Technologies is $90.31, with a high forecast of $115.00 and a low forecast of $77.00. While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues. After all, it’s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. Discover the 10 best stocks to own in Spring 2025, carefully selected for their growth potential amid market volatility. This exclusive report highlights top companies poised to thrive in uncertain economic conditions—download now to gain an investing edge. Whether Uber is a good stock to buy depends on risk tolerance, trading strategies, and market conditions.
Post lockdowns, the stock recovered amid cost-cutting measures including layoffs and offloading of its autonomous vehicle division. As ride sharing began to recover and vaccinations increased at the start of 2021, the share price increased in line with other tech stocks. However, 2022 was tumultuous as the company faced challenges such as rising interest rates, inflationary pressures and a hike in operating costs. International legal challenges over driver classification also impacted Uber’s business model and cost structure, leaving investors unconvinced. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Enter your email address below to receive the latest news and analysts’ ratings for Uber Technologies and its competitors with MarketBeat’s FREE daily newsletter. HOUSTON–(BUSINESS WIRE)–HungerRush, a leading provider of restaurant technology solutions, today announced the integration of Uber Direct into its HungerRush Delivery Services. Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC’s “Halftime Report” to detail his latest stock sales.
- While Uber Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
- Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC’s “Halftime Report” to detail his latest stock sales.
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Trump suggests US could run Ukraine’s power plants
According to analysts, Uber Technologies’s stock has a predicted upside of 21.51% based on their 12-month stock forecasts. While Uber Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…
- As such, the company is placing a strong focus on the development of self-driving cars – technology that founder and ex-CEO Travis Kalanick called ‘existential’ to Uber’s future.
- Trump has repeatedly claimed the US has given Ukraine between $300bn (£237bn) and $350bn (£276bn) in aid, and that he wanted to “get that money back” through a deal.
- Royal Bank of Canada restated an “outperform” rating and set a $82.00 target price on shares of Uber Technologies in a research report on Thursday, February 6th.
- CFDs are typically traded on margin, which means that a trader can gethas exposure to larger positions with a relatively small outlay.
- Uber first listed its shares in 2019, trading on the New York Stock Exchange under the ticker symbol ‘UBER’ in one of the most hotly anticipated IPOs of the year.
What is the history of Uber and its share price?
Uber has faced legal action in several jurisdictions due to its classification of drivers as gig workers and independent contractors. Ridesharing companies like Uber have disrupted taxicab businesses and allegedly caused increased traffic congestion. Additionally, Uber has been criticized for various unethical practices, such as ignoring local regulations, some of which were revealed by the leak of the Uber Files between 2013 and 2017 under the leadership of Travis Kalanick. Uber was founded in 2009 by Oscar Salazar Gaitan, Travis Kalanick and Garrett Camp and was initially named Ubercab Inc.
Kyiv estimates that about 5% of the world’s “critical raw materials” are in Ukraine. Ukrainian PM Shmyhal said the US and Ukraine had prepared a final version of gazpromneft the agreement, though Zelensky aide Mykhaylo Podolyak said only a framework agreement was due to be signed. But German think tank the Kiel Institute estimates the US has sent $119bn in aid to Ukraine. Trump has repeatedly claimed the US has given Ukraine between $300bn (£237bn) and $350bn (£276bn) in aid, and that he wanted to “get that money back” through a deal.
Please bear with us as we address this and restore your personalized lists. You can create a CFD account and start trading by clicking on the link below. Uber has been listed on the New York Stock Exchange since its IPO in 2019. In the 2023 fiscal year, the company’s revenue amounted to some $37.2bn.
Uber also turned profitable on a generally accepted accounting principles (GAAP) basis in 2023, while its net income surged more than fivefold in 2024. Its profitability improved after it divested several unprofitable non-core businesses, downsized its freight and recruitment divisions, pruned its workforce, and streamlined its expenses. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 60%. Renowned tech expert Jeff Brown shares why he believes Tesla’s biggest business will be robotics, not electric vehicles. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication.
70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider web3 stocks whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. You should familiarise yourself with these risks before trading on margin.
This is considered a short-term investment or trade, as CFDs tend to be used within shorter timeframes. While Uber originally only allowed users to take a ride in a luxury car, today, the company offers users a broad range of transportation options. Whether you’re looking for budget transportation or a luxury ride, Uber has something for everyone. Additionally, Uber has launched a number of other innovative ventures across the world in recent years, further diversifying its business model. According to 33 analysts, the average rating for UBER stock is “Strong Buy.” The 12-month stock price forecast is $90.43, which is an increase of 21.61% from the latest price. Without considering a stock’s valuation, no investment decision can be efficient.
Recent Analyst Forecasts and Stock Ratings
This could potentially be a huge revenue driver for the company in the future as the US trucking freight market alone is worth over US$700 billion. More recently, the group has been testing its new range of autonomous Volvo SUVs and it is aiming to have these cars on public streets very soon. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, personal finance education, top-rated podcasts, and non-profit The Motley Fool Foundation.
But when something this big happens with UBER, it often cryptocurrency brokers means somebody knows something is about to happen. Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools. Sign-up to receive the latest news and ratings for Uber Technologies and its competitors with MarketBeat’s FREE daily newsletter.
It went public at $45 a share and initially struggled to make headway as concerns about profitability, as well as the poor performance of rival Lyft’s IPO earlier in the year, caused uncertainty about future prospects. Further issues surrounding ongoing regulatory challenges and leadership changes contributed to a rocky first few months as a listed company. Uber also believes that of the 60+ countries it currently operates in, only around 2% of people who live in these countries have actually tried the company’s services. Interestingly, while Uber has already come a long way, it is still in the very early stages of capturing what it estimates to be a US$12 trillion total addressable market that includes personal mobility, food delivery, and freight shipping. That’s an enormous potential market size – to put that number into perspective, global GDP in 2018 was around US$85 trillion meaning Uber believes that it can potentially capture around 14% of global economic activity.
This amplifies the potential profits, but also the potential losses, making leveraged trading risky. You can learn how to trade shares in our comprehensive guide to shares trading. DNB supervises the compliance of eToro (Europe) Ltd with the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act 1977. The crypto services of eToro (Europe) Ltd are not subject to prudential supervision by DNB or conduct supervision by the AFM.
For 2026, analysts expect Uber’s revenue and adjusted EBITDA to rise another 14% and 22%, respectively. With an enterprise value of $154 billion, it still looks cheap at 3 times this year’s projected sales and 18 times its adjusted EBITDA. For the first quarter of 2025, Uber expects its bookings to rise 17%-21% year over year on a constant currency basis as its adjusted EBITDA grows 30%-37%. For the full year, analysts expect its revenue and adjusted EBITDA to grow 14% and 32%, respectively. Over the previous 90 days, Uber Technologies’s stock had 3 downgrades and 1 upgrade by analysts. Enter your email address and we’ll send you MarketBeat’s guide to investing in 5G and which 5G stocks show the most promise.