From Nasdaq: 2025-04-05 07:25:00

Uber (NYSE: UBER) has seen its shares rise by 193% in the past five years, despite volatility. With shares currently trading below their record high, there may still be an opportunity for growth. Uber’s rapid expansion has been driven by technological advancements, entering new markets, and introducing new features. Revenue has increased by 212% in the past five years, with a focus on subscription services and affordability. The company’s partnership with autonomous vehicle technology providers like Waymo and Nvidia positions it well for future success.

Pershing Square Capital Management, led by billionaire Bill Ackman, recently purchased 30 million Uber shares. They believe that Uber can achieve over 30% earnings-per-share growth in the coming years. Despite its strong performance, Uber’s stock is not considered expensive, trading at just 22 times forward earnings. With the potential for significant growth in the future, investing in Uber may prove to be a worthwhile opportunity. The Motley Fool Stock Advisor team has identified Uber as a promising investment, with the potential for significant returns.



Read more at Nasdaq: Where Will Uber Stock Be in 5 Years?