Uber Technologies Stock: Is Wall Street Bullish or Bearish?
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San Francisco, California-based Uber Technologies, Inc. (UBER) provides a platform that allows users to access transportation and food ordering services. With a market cap of $189.5 billion, Uber operates the world’s largest mobility platform with its operations spanning approximately 70 countries and over 10,000 cities across the globe.
The mobility giant has significantly outperformed the broader market over the past year. Uber has soared 44.4% on a YTD basis and 36.6% over the past 52 weeks, outpacing the S&P 500 Index’s ($SPX) 8.3% gains in 2025 and 16.6% surge over the past year.
Narrowing the focus, UBER has also outpaced the sector-focused Technology Select Sector SPDR Fund’s (XLK) 13.6% gains on a YTD basis, and 22.7% returns over the past 52 weeks.
Uber Technologies’ stock prices dropped 2.5% following the release of its mixed Q1 results on May 7. Continuing its solid momentum, the number of trips through Uber’s platform increased 18% year-over-year to 3 billion, which was primarily supported by an increase in monthly active users. Meanwhile, its revenues increased nearly 17% on a constant currency basis. However, due to a stronger dollar during the quarter, its revenues increased by 14% on a reported basis to $11.5 billion, missing the consensus estimates by a small margin.
Its adjusted EBITDA increased by an even more impressive 35% year-over-year to $1.9 billion, and its EPS of $0.83 beat the Street’s expectations by 62.8%.
For the full fiscal 2025, ending in December, analysts expect Uber to deliver an EPS of $2.90, marking a 36.4% decline year-over-year. However, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line expectations in each of the past four quarters by a large margin.
Uber has a consensus “Strong Buy” rating overall. Of the 47 analysts covering the stock, opinions include 32 “Strong Buys,” five “Moderate Buys,” and 10 “Holds.”
This configuration is slightly less bullish than two months ago, when 34 analysts gave “Strong Buy” recommendations.
On Jul. 29, Stifel analyst Mark Kelley reiterated a “Buy” rating on Uber and raised the price target to $117.
Its mean price target of $101.58 suggests a 16.6% upside from current price levels, while the Street high target of $120 represents a 37.8% premium.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.