Here’s Why Investors Are Confident About Uber Technologies’ (UBER) Outlook

From Yahoo Finance: 2025-04-29 08:49:00

Investment advisory firm Ithaka Group released their first-quarter 2025 investor letter, reporting a portfolio underperformance of -10.3% to -10.0% compared to R1000G amid market volatility. The top five holdings for 2025 are available for review. Uber Technologies, Inc. (NYSE: UBER) saw a one-month return of 7.32% and closed at $78.33 per share on April 28, 2025.

Ithaka US Growth Strategy highlighted Uber Technologies, Inc. (NYSE: UBER) in their Q1 2025 investor letter, praising the company’s marketplace-based technology platform and vision for autonomous vehicles. CEO Dara Khosrowshahi’s remarks and Bill Ackman’s investment boosted investor confidence. Uber Technologies, Inc. (NYSE: UBER) gained 18.20% in the last 52 weeks.

Uber Technologies, Inc. (NYSE: UBER) ranks 10th in Insider Monkey’s list of 30 Most Popular Stocks Among Hedge Funds. 166 hedge fund portfolios held UBER at the end of Q4 2024. While UBER shows promise, Insider Monkey sees greater potential in AI stocks for higher returns. They recommend exploring their report on the cheapest AI stock for investment opportunities.



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