Uber Technologies (Uber) stock hit Wednesday after investors mixed it into the company’s latest earnings report. Revenue and revenue both beat expectations, but the latter still didn’t meet Wall Street expectations. In fact, according to FactSet, earnings of 83 cents per share exceeded the 51 cents forecast. Revenues rose 14% from the previous year to $11.5 billion, but missed just a $11.6 billion projected by Wall Street analysts.
The same story was also about Uber’s total reservations. This rose 14% this quarter to $42.8 billion. That figure is below analysts’ $43.1 billion forecast. At the time of pressing, Uber stocks fell by about 2%.
Uber continues to thrive despite mixed revenue reporting
Despite the mixed revenue report, Uber continues to be offered in 2025, with no pun intended. As monthly users grow, delivery is increasing through monthly travel and delivery services. On Tuesday, Uber announced it would take 85% control of Trendyol GO, a Turkey-based online meal and grocery delivery service. The roughly $700 million deal comes as Uber is looking to expand its footprint in the food delivery market.
Furthermore, efforts to adopt autonomous driving technology have intensified over the past year. Uber CEO Dara Khosrowshahi noted that the company made five new announcements related to AVS “only last week.” “Based on by the consistent strength of our core business, we continue to build for the future,” Khosrowshahi said in a recent statement.
Still, Uber stocks are above the simple 200-day moving average near the top of the 52-week range. Since the beginning of the year, the stock has been extremely successful, with stocks rising more than 30% since its launch in 2025. Experts predict that stocks will mostly continue for the next 12 months.
Of the 58 analysts surveyed by CNN Business, none of them propose to sell stocks. 86% of those surveyed are currently at the time of buying, with the median forecast being $90 from next year, giving a ROI of 7.45% from the current price, suggesting establishing a new ATH for the stock. Additionally, analysts also forecast a $115 high against the stock in 12 months.
