Uber Technologies stock experienced fluctuations in 2024, ending down 2%, but shows promise for 2025

From Nasdaq: 2025-03-08 05:18:00

Uber Technologies’ stock (NYSE: UBER) experienced fluctuations in 2024, ending the year down 2%. Despite impressive growth with 171 million monthly active platform customers and 11.3 billion annual trips in 2024, regulatory concerns impacted its stock. Analysts project a 14% revenue growth for 2025. Uber’s profitability improved, with a fivefold increase in net income in 2024. However, FTC probes regarding subscription practices and driver payment issues pose uncertainties. With expected revenue and adjusted EBITDA growth in 2025 and 2026, Uber remains a promising investment despite near-term challenges.

In 2020, Uber faced a slowdown due to the pandemic but rebounded with strategic initiatives. The company’s expansion of services, like Uber One subscription, and improved pricing power contributed to its growth. For 2025, Uber forecasts bookings to rise 17%-21% in Q1 and adjusted EBITDA to grow 30%-37%. While facing regulatory scrutiny, Uber plans to explore autonomous vehicles to enhance cost efficiency. With a projected 14% revenue growth for 2026, Uber’s stock remains an attractive option for investors seeking long-term growth opportunities.



Read more at Nasdaq: Is Uber Technologies a Buy, Sell, or Hold in 2025?