Uber Shares Flatline After Q1 Earnings Whiplash—Here’s What Spooked Investors

Another ’growth story’ meets Wall Street’s spreadsheet reality. Uber’s Q1 earnings landed like a drunk passenger—lurching between revenue beats and profit misses, leaving shares going nowhere fast.

The good, the bad, and the ugly: Rideshare revenue up 15% year-over-year, but delivery growth slowed to a crawl. Meanwhile, those pesky ’operational adjustments’ (read: more layoffs) suggest the self-driving money pit isn’t filling itself.

Street reaction: Analysts scrambled to downgrade price targets, muttering about ’peak mobility narratives’ between sips of $8 oat milk lattes. Because nothing says ’disruptive tech’ like chasing profitability through cost-cutting.

Uber Continues to Thrive Despite Mixed Earnings Report

Despite the mixed earnings report, Uber has continued to deliver in 2025, no pun intended. Its monthly users have grown, thus increasing trips per month and deliveries through its delivery service. On Tuesday, Uber also announced an acquisition of an 85% controlling stake in Trendyol GO, an online meal and grocery delivery service based in Turkey. The roughly $700 million deal comes as Uber seeks to expand its footprint in the food delivery market.

Furthermore, its efforts to adopt self-driving technology have intensified over the past year. Uber CEO Dara Khosrowshahi noted that the company made five new announcements related to AVs “in just the last week.” “Supported by the consistent strength of our CORE business, we continue to build towards the future,” Khosrowshahi said in a recent statement.

Still, UBER stock is trading NEAR the top of its 52-week range and above its 200-day simple moving average. Year-to-date, the stock has been immensely successful, with shares climbing over 30% since the start of 2025. Experts mostly predict the stock to continue outperforming over the next 12 months.

Out of 58 analysts surveyed by CNN Business, none suggest selling your shares. 86% of those surveyed suggest now is the time to buy, with a median forecast of $90 over the next year, giving an ROI of 7.45% from current prices and establishing a new ATH for the stock. Further, the analysts also project a high of $115 for the stock in 12 months.