Uber Technologies Stock To $124?

Uber Technologies (UBER) stock has fallen 5.1% during the past day, and is currently trading at $94.67. Our multi-factor assessment suggests that it may be time to buy more shares of UBER stock. We have, overall, a positive view of the stock, and a price of $124 may not be out of reach. We believe there are only a couple of things to fear in UBER stock given its overall Strong operating performance and financial condition. Considering stock’s Moderate valuation, we think it is Attractive.

Below is our assessment:

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Let’s get into details of each of the assessed factors but before that, for quick background: With $198 Bil in market cap, Uber Technologies provides technology-based ride-sharing, delivery, and freight services connecting consumers with independent service providers across multiple global regions.

[1] Valuation Looks Moderate

This table highlights how UBER is valued vs broader market. For more details see: UBER Valuation Ratios

[2] Growth Is Very Strong

• Uber Technologies has seen its top line grow at an average rate of 23.2% over the last 3 years
• Its revenues have grown 18% from $40 Bil to $47 Bil in the last 12 months
• Also, its quarterly revenues grew 18.2% to $13 Bil in the most recent quarter from $11 Bil a year ago.

This table highlights how UBER is growing vs broader market. For more details see: UBER Revenue Comparison

[3] Profitability Appears Moderate

• UBER last 12 month operating income was $4.5 Bil representing operating margin of 9.5%
• With cash flow margin of 18.6%, it generated nearly $8.8 Bil in operating cash flow over this period
• For the same period, UBER generated nearly $13 Bil in net income, suggesting net margin of about 26.7%

This table highlights how UBER profitability vs broader market. For more details see: UBER Operating Income Comparison

[4] Financial Stability Looks Very Strong

• UBER Debt was $12 Bil at the end of the most recent quarter, while its current Market Cap is $198 Bil. This implies Debt-to-Equity Ratio of 6.2%
• UBER Cash (including cash equivalents) makes up $7.4 Bil of $56 Bil in total Assets. This yields a Cash-to-Assets Ratio of 13.2%

[5] Downturn Resilience Is Very Weak

UBER has fared much worse than the S&P 500 index during various economic downturns. We assess this based on both (a) how much the stock fell and, (b) how quickly it recovered.

2022 Inflation Shock

• UBER stock fell 67.6% from a high of $63.18 on 10 February 2021 to $20.46 on 30 June 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
• However, the stock fully recovered to its pre-Crisis peak by 27 December 2023
• Since then, the stock increased to a high of $100.10 on 6 October 2025 , and currently trades at $94.67

 
2020 Covid Pandemic

• UBER stock fell 64.1% from a high of $41.27 on 11 February 2020 to $14.82 on 18 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
• However, the stock fully recovered to its pre-Crisis peak by 5 November 2020

But the risk is not limited to major market crashes. Stocks fall even when markets are good – think events like earnings, business updates, outlook changes. Read UBER Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

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