Investor sentiment sours as Uber reports revenue miss, but potential growth in delivery segment
From Nasdaq: 2025-05-25 07:45:00
Shareholders in Uber Technologies (NYSE: UBER) are facing uncertainty as the stock hovers near all-time highs but investor sentiment sours due to a revenue miss and lack of interest from Tesla’s Elon Musk.
Uber reported revenue of $11.5 billion in Q1 2025, a 14% increase year-over-year, falling short of analyst estimates by $86 million. Despite this, Uber beat earnings estimates with nearly $1.8 billion in net income, boosted by a $402 million income tax benefit.
Investors should not give up on Uber stock as the company’s mobility and delivery segments continue to grow revenue at double-digit rates, and potential for success in autonomous vehicles could further boost revenue.
Read more at Nasdaq: Is It Time to Give Up on Uber Stock?