Jim Cramer Says Uber Technologies (UBER) 'Stock Can Go Much Higher Over Multiple Years'
We recently published a list of . In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against other stocks that Jim Cramer discusses.
A caller asked Cramer's thoughts on Uber Technologies, Inc. (NYSE:UBER). In response, he said:
'I'm thinking that even though Uber's up 45% for the year, you ain't seen nothing yet. I think the stock can go much higher over multiple years.'
A close up view of a hand holding a smartphone, using a ride sharing app.
Uber Technologies (NYSE:UBER) develops technology used in transportation, delivery, and freight. The company connects users to ride services, supports merchants with order delivery, and runs a logistics network for shippers and carriers. Optimist Fund stated the following regarding the company in its Q1 2025 investor letter:
'Uber Technologies, Inc. (NYSE:UBER) – Uber posted its strongest quarter yet, with gross bookings rising 18% year-over-year to $44.2 billion and revenue growing 20% to $12.0 billion. Adjusted EBITDA jumped 44% to $1.8 billion, fueled by record demand across both Mobility and Delivery, while free cash flow reached $1.7 billion. Exceeding its three-year financial targets, the company heads into 2025 with accelerating momentum and emerging upside from autonomous vehicles. Uber's growing free cash flow profile is attracting broader investor attention—including a recent investment from renowned value investor Bill Ackman. Our investment thesis remains intact.'
Overall, UBER ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of UBER as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Power tool company recalls chainsaws over fire hazard
(WHTM) — Ahead of Father's Day weekend, check to make sure the perfect power tool isn't on a recall list. The consumer product safety commission recalled more than 7,000 battery-powered chainsaws. The motor in the DR Power Equipment lithium-ion chainsaws can overheat during operation, posing fire and burn hazards. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now So far, consumers reported 20 incidents of fire, smoke and sparks. No injuries have been reported. The chainsaws have a black handle and orange buttons with the label DR Pulse 62V. The recall affects models sold from June 2018 to July 2024 with the following model numbers: 414170, 414181, 41418 and 414170R. Consumers can contact DR Power Equipment with proof of destruction for a pro-rated refund based on the product's age. They should only dispose of the lithium-ion battery at a municipal household hazardous waste collection center. Got a scam DMV text? How they got your number There were 7,180 units sold in the United States, as well as an additional 21 units in Canada. Contact DR Power Equipment here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23 minutes ago
- Yahoo
Is It Too Late to Buy Uber?
Uber is now a massive, scaled, and global platform, which is helping it report significant profits. The company's competitive advantages have drawn the attention of key partners, most notably in the autonomous vehicle space. Shares have surged in the past couple of years, but the current valuation is reasonable. 10 stocks we like better than Uber Technologies › Uber Technologies (NYSE: UBER) has been on an absolute tear. As of June 3, its shares have soared 38% in 2025. That's a tremendous gain during a time when the broader S&P 500 index is up just 2%. If you zoom out, the return is even more eye-popping. In the past two years, this top growth stock has catapulted 109% higher. Strong financial performance is clearly winning over the investment community. Perhaps you've missed the ride thus far. Is it too late for investors to buy Uber? It's been incredible to observe Uber's monumental ascent. What was once solely a ride-hailing service has evolved into both a mobility and delivery behemoth. In Q4 2019, prior to the COVID-19 pandemic, mobility gross bookings represented 75% of the company's total. In the latest quarter (Q1 2025), it was an almost even split between mobility and delivery. This kind of diversified model is hard to overstate, and it gives Uber an advantage. This shows up in the ability to leverage the same driver network, allowing these gig workers to earn more money. Uber has more data to work with, which can support various marketing and promotional activities. And it can be a holistic solution for consumers who don't want to navigate multiple apps. What's more, Uber brings in more than one revenue stream. In the first quarter of 2025, it registered $6.5 billion in revenue from mobility and $3.8 billion from delivery. There is a freight segment as well, which is tiny by comparison. What was probably once unimaginable to the critics is now a reality. And that is the fact that Uber is extremely profitable these days. It's a scaled platform that is boosting bottom-line performance. Uber posted $1.2 billion in operating income in Q1. That figure is a drastic improvement from a $1.3 billion operating loss in the first quarter of 2020. A fresh focus on creating a more efficient organization is clearly working. The management team expects adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow about 37% to 40% between 2024 and 2027. Uber continues to operate from a position of strength thanks to its tremendous network effect. It counted 170 million monthly active users in Q1. There are more than 7 million drivers. And last year, Uber surpassed 1 million merchants. With more users, drivers, and merchants, the entire platform constantly becomes more valuable to all stakeholders. Uber's competitive position is also supported by its powerful brand presence. The Uber name is now often used as a verb, both for getting from point A to point B and for having something delivered. That mindshare works wonders for Uber's visibility. And it highlights just how valuable Uber has become to other companies that want to tap into such a massive user base. Uber recently announced partnerships with OpenTable and Delta Air Lines. And key players working on autonomous vehicle (AV) technology, like Waymo, WeRide, and many others, have also chosen to partner with Uber to help further develop, improve, and commercialize their services. Because of Uber's competitive strengths and unrivaled reach, it makes sense these partners are leaning on it. Uber is positioning itself to be a leader in AV. At the start of 2025, shares traded at a very compelling forward price-to-earnings (P/E) ratio of 16.7. Of course, the situation isn't as cheap today. The current multiple is 22.9. However, I don't believe this valuation is asking too much of investors. As mentioned, there are many reasons to like this business. And there remains a sizable growth opportunity. For instance, CEO Dara Khosrowshahi says that AV technology alone presents a $1 trillion opportunity just in the U.S. Additionally, Uber is trying to sign up more teenagers, increase rider frequency, and expand use cases. There appears to be substantial upside for prospective investors over the long term. This means it's not too late to buy Uber stock. Before you buy stock in Uber Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Uber Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends Delta Air Lines. The Motley Fool has a disclosure policy. Is It Too Late to Buy Uber? was originally published by The Motley Fool
Yahoo
31 minutes ago
- Yahoo
Trump administration extends tariff pause on Chinese-made chips for 90 days
The Trump administration has extended a long-running exemption for Chinese-made chips from a 25 percent tariff imposed during President Trump's first administration. The office of U.S. Trade Representative Jamieson Greer said in a notice posted Saturday it was extending the exemption, set to expire that day, to Aug. 31. The 25 percent tariff, which initially went into effect in 2019, would have applied to a variety of products, including graphics processing units — the chips at the heart of the artificial intelligence (AI) boom. The extension of the years-long tariff exemption comes as the second Trump administration weighs whether to impose separate import taxes on semiconductors. Trump has imposed wide-ranging tariffs in his second term, instituting hefty 'reciprocal' tariffs on dozens of countries, including China. However, he has put many of these import taxes on hold in the face of market concerns. Semiconductors were exempted from these tariffs, although the president has said he plans to impose separate sector-specific tariffs. The White House announced in April it opened a national security investigation into the effects of importing semiconductors, the first step toward instituting tariffs under a provision known as Section 232. Semiconductor tariffs, like other import taxes on tech products, pose difficulties for companies given tech firms' heavy reliance on international supply chains. Nvidia, a leading chipmaker, has begun producing some of its advanced chips at a factory in Arizona and plans to spend $500 billion expanding its AI infrastructure in the U.S. over the next four years. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
