Should You Buy Uber Stock on the Dip?

By Parkev Tatevosian, CFA – Nov 4, 2024 at 10:18AM

NYSE: UBER

Uber Technologies

Market Cap

$179B

Today's Change

(1.10%) $0.93

Current Price

$85.60

Price as of June 6, 2025, 4:00 p.m. ET

The ridesharing pioneer reported solid growth across key metrics, but the stock price fell anyway.

Uber (UBER 1.10%) stock is falling despite excellent growth in customers, profits, and cash flow.

*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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