Uber Stock Stalls After Mixed Q1 Earnings Report
Uber Technologies (UBER) shares dipped approximately 2% following a mixed reaction to its Q1 earnings release. While earnings per share of $0.83 surpassed the $0.51 consensus, revenue growth of 14% to $11.5 billion narrowly missed the $11.6 billion analyst target. Gross bookings climbed 14% year-over-year to $42.8 billion, yet still fell short of the $43.1 billion expectation.
Despite these financial crosscurrents, Uber maintains operational momentum in 2025. The market’s tempered response highlights the precision demanded in tech earnings season, where even marginal misses trigger disproportionate reactions.