Should I buy Uber stock in 2025? Expert Analysis for NZ Investors

What is Uber?

How much is the Uber stock?

The price of Uber stock is falling this week. Currently trading at $84.30 USD, Uber shares have decreased by 4.49% in the last 24 hours and are down 4.93% over the past week. Uber’s market capitalisation stands at $184.57 billion, with an average three-month trading volume of 20.94 million shares. The stock’s P/E ratio is at 15.47, there is no dividend yield, and the five-year beta sits at 1.43, reflecting a moderately higher volatility than the broader market. Investors in New Zealand should note the recent pullback in price, which may present new opportunities, but the elevated beta suggests that significant price swings are possible.

Our complete analysis of Uber stock

We have thoroughly examined Uber Technologies, Inc. (NYSE: UBER) by integrating its latest Q1 2025 financial results, recent share price evolution, and a broad set of financial, technical, and sector-specific indicators. Harnessing proprietary analytical models, we’ve also benchmarked Uber’s performance against major competitors and synthesised consensus data from leading global institutions. So, why might Uber stock once again become a strategic entry point into the technology-enabled mobility space for 2025 investors seeking robust growth and resilience?

Recent Performance and Market Context

Uber’s share price has demonstrated robust appreciation over the last 12 months, advancing +29.83% year-on-year and a striking +39.75% year-to-date, now trading at $84.30 (as of 29 May 2025). Despite a modest short-term pullback (-4.49% intraday, -4.93% over the week), the stock remains solidly positioned near the upper quartile of its 52-week range ($54.84–$93.60), reflecting a strong recovery trajectory after previous volatility.

• Q1 2025 earnings exceeded consensus, driven by 35% year-on-year growth in adjusted EBITDA ($1.9 billion) and expanding operating margins (adjusted EBITDA margin now 4.4% of gross bookings).
• Strategic partnership with Waymo (Alphabet) is placing Uber at the heart of autonomous vehicle innovation, building future proof optionality into its Mobility segment.
• Sustained post-pandemic demand for both Mobility and Delivery, with geographic expansion into high-growth emerging markets, is propelling Uber’s topline higher.
• Uber’s $184.6 billion market capitalisation and strong institutional support signal continued confidence amidst a buoyant global tech sector, especially as AI and platform businesses attract premium valuations worldwide.

For New Zealand-based investors, Uber stands out for its effective global scale, increasingly diversified service portfolio, and ability to capture macro tailwinds in tech-led consumer and logistics trends.

Technical Analysis

From a technical standpoint, Uber’s recent consolidation and corrective dip may set the stage for renewed upside momentum:

• MACD (Moving Average Convergence Divergence) reads 3.10 – a clear bullish signal, supporting the possibility of a near-term reversal.
• RSI (14-day) stands at 58.70, in neutral territory, indicating the stock is neither overbought nor oversold and leaves room for further appreciation.
• All key moving averages (20/50/100/200 days) are aligned beneath the actual share price, with respective buy signals, confirming the prevailing uptrend.
• Critical support is observed around $82.96, tested during the latest pullback, while the primary resistance remains at $93.60 – the 52-week high.

Overall, Uber’s technical setup strongly suggests the potential for an intermediate-term bullish phase, particularly as momentum may accelerate on a successful retest of resistance or in anticipation of the next major catalyst.

Fundamental Analysis

Uber’s underlying fundamentals are increasingly compelling, mirroring the transition from a disruptive start-up to a highly profitable platform operator:

• Revenue growth: FY2024 revenue hit $43.98 billion (+17.96% year-on-year), reflecting healthy expansion across all business lines.
• Profitability: Net income over the trailing twelve months reached $12.29 billion, equating to a margin of 27.07% — an impressive figure for a company long considered unprofitable.
• Cash generation: Free cash flow is robust at $5.42 billion, supporting future investments and laying the groundwork for potential capital returns.
• Valuation: Uber trades at a TTM P/E of 15.47, with Price/Sales at 4.01 and Price/Book at 8.02 — levels that remain attractive relative to both legacy automakers and high-growth tech peers, especially considering Uber’s proven scalability and demonstrated operational leverage.
• Structural strengths include an integrated technology ecosystem (Mobility, Delivery, Freight), vast network effects, global brand equity, and rapid adaptive innovation (notably in AI, logistics, and autonomous vehicles).

Uber’s positioning as the global ride-sharing and urban logistics leader, with broad geographic reach and diversified earnings drivers, is increasingly rare in the modern tech landscape.

Volume and Liquidity

Uber’s trading dynamics reflect deep market confidence and liquidity:

• Average daily volume over 20.9 million shares, with recent sessions peaking at over 35 million shares, indicates strong institutional participation and dynamic investor engagement.
• The company’s public float, at roughly 2.01 billion shares outstanding and a high free float, supports efficient price discovery and helps prevent excessive valuation distortions, making Uber an attractive proposition even for larger-scale market participants.

High liquidity not only facilitates portfolio rebalancing but also ensures Uber remains a viable vehicle for both short- and long-term strategies, a characteristic particularly valued by sophisticated NZ investors.

Catalysts and Positive Outlook

Uber’s forward outlook is marked by several high-conviction bullish catalysts:

• Autonomous vehicles: The Waymo partnership strategically embeds Uber within the robotics and AI-driven transport revolution and could substantively enhance long-term profitability depending on deployment success.
• Freight segment growth: Uber is scaling its B2B logistics and Freight division, targeting an expanding share of the global e-commerce and supply chain markets.
• Accelerating innovation: Substantial investment in AI, platform optimisation, and last-mile delivery systems point to sustainable competitive advantage.
• ESG and regulation: Uber’s focus on governance, safety, and reducing its carbon footprint positions it to benefit as global regulators increasingly reward demonstrable progress. This is especially relevant for long-horizon institutional and New Zealand ESG-focused investors.
• Favourable macro context: With global mobility, digital commerce, and urbanisation trends all strengthening, Uber remains a prime beneficiary of secular tailwinds in tech and consumer behaviour.
• Consensus price targets: Analyst outlooks are emphatically positive, clustering at $95.95 (consensus, +13.8% upside), with major names like JPMorgan and BMO Capital targeting even higher ($100–110) — a testament to the stock’s embedded growth optionality.

Investment Strategies

Investment-oriented readers may wish to consider the following positioning arguments, tailored to different horizons:

• Short-Term:
• The recent correction to the $84–83 level brings Uber near a key technical support zone, often favoured by traders as a lower-risk entry point ahead of expected rebounds.
• Momentum indicators (bullish MACD, neutral RSI) and high trading volumes suggest a potential short-term bounce, especially if technical resistance at $93.60 is challenged.
• Medium-Term:
• Ongoing positive catalysts (autonomous trials, international delivery growth) give Uber a clear runway for multiple quarters. Entry near current support levels could allow investors to capture alpha as the stock potentially re-tests its all-time highs in H2 2025.
• Positioning for the next round of earnings releases or autonomous vehicle announcements may be advantageous, considering analysts’ bullish consensus.
• Long-Term:
• Uber’s transformation from cash-burning disruptor to profitable, multi-national platform is now credible and supported by a resilient free cash flow profile. This, aligned with secular trends in urban mobility, ESG, and digital platforms, sets the stage for sustained compounding.
• Global diversification, a strong technology stack, and proven adaptability suggest Uber can continue to win share against both regional and global competitors.
• With ample liquidity, Uber can form a core holding within a diversified global tech allocation or a thematic portfolio targeting innovation and urbanisation.

Is it the Right Time to Buy Uber?

In sum, Uber Technologies today combines three rare qualities: confirmed profitability and cash flow, a powerful suite of growth catalysts, and a technical setup that seems to favour a renewed bullish phase. Supported by an encouraging consensus from major global analysts, Uber’s current valuation appears justified by its underlying earnings momentum and strategic position at the crossroads of mobility, digital commerce, and autonomous innovation.

While volatility and regulatory risks remain integral to the sector, the balance of factors strongly suggests that Uber’s current share price may represent an excellent opportunity for investors seeking exposure to next-generation transportation technology. As the company continues to deliver on cost discipline, platform enhancements, and disruptive new ventures, the stock may well be poised for further outperformance through 2025 and beyond.

For forward-looking NZ investors seeking dynamic growth and a stake in the future of global urban mobility, Uber’s fundamentally strengthened profile, robust liquidity, and high-conviction catalysts combine to justify renewed consideration. The stock may be entering a new bullish phase — one that rewards those attentive to both the data and the unfolding innovation landscape.

How to buy Uber stock in NZ?

Buying Uber shares online is now straightforward and secure for investors in New Zealand, thanks to regulated brokers that offer intuitive platforms and robust consumer protections. There are two main ways to gain exposure to Uber stock: by purchasing real shares (spot buying) or by trading Contracts for Difference (CFDs), which allow you to speculate on price movements without owning the underlying asset. Each method has its own specific features, costs, and risk profile. To help you make an informed decision, you’ll find a detailed broker comparison further down this page.

Spot buying

Spot buying (or “cash buying”) means purchasing actual Uber shares in your name, which you can hold for the long term, vote at AGMs (if eligible), and potentially benefit from share price appreciation. With most New Zealand brokers, the typical fee structure for US stocks includes a fixed commission per order, often around NZ$5–NZ$10. Some platforms also apply minimal currency conversion charges.

Example with a NZ$1,000 investment

If Uber shares are trading at US$84.30 and you convert NZ$1,000 (approx. US$600), after a NZ$5 brokerage fee, you could buy about 7 Uber shares (US$590/US$84.30 ≈ 7 shares).
✔️ Gain scenario:
If Uber’s share price rises by 10%, your shares would be worth NZ$1,100 (approx. US$660).
Result: +NZ$100 gross gain, for a +10% return on your investment (excluding FX effects and taxes).

Trading via CFD

CFD trading allows you to speculate on Uber’s share price movements without owning the actual shares. CFDs offer features such as leverage, enabling you to control a larger position with a smaller upfront deposit. However, they come with costs like the bid–ask spread (the difference between buy and sell prices) and overnight financing fees if you hold positions open beyond market close.

Example with a NZ$1,000 stake and 5x leverage

You open a CFD on Uber shares with 5x leverage, giving you exposure worth NZ$5,000.
✔️ Gain scenario:
If Uber's stock climbs by 8%, your exposure generates a +40% gain (8% × 5), i.e. +NZ$400 profit on your NZ$1,000 stake (before fees). Remember, leveraged trading increases both potential profits and risks.

Final advice

Before investing in Uber shares, it’s essential to compare brokers’ fees, currency conversion costs, account types, and available features to suit your needs. Your choice between spot buying and CFDs will depend on your investment goals, timeframe, and risk appetite. For a tailored selection of the best platforms available to NZ investors, consult our broker comparator further down the page. Investing in Uber can be rewarding—take the time to choose the method that fits you best.

Our 7 tips for buying Uber stock

The latest news about Uber

Uber posted strong Q1 2025 results, surpassing analyst expectations and driving robust segment growth. For the most recent quarter, Uber delivered $1.9 billion in adjusted EBITDA, marking a 35% year-on-year increase and outperforming consensus forecasts. This was propelled by ongoing strong growth in both its Mobility and Delivery segments, with the company’s revenue for 2024 hitting $43.98 billion, up 18% from 2023. These financial achievements bolster Uber’s image as a resilient and adaptable technology leader, maintaining a 27% net margin and a healthy free cash flow of $5.42 billion, which can be constructive for confidence among New Zealand analysts and institutional investors.

Uber’s technical indicators maintain a positive bias, supporting a bullish consensus recommendation from global analysts. Despite a weekly price pullback of nearly 5%, core technicals remain constructive: MACD signals “buy,” and all primary moving averages (20, 50, 100, 200 days) are above the current price, with a 14-day RSI close to neutral at 58.7. Market consensus from major financial institutions still overwhelmingly favors a “Strong Buy,” and the average target price sits at $95.95 — about 14% above current levels — with some forecasts reaching as high as $110. This continued technical and analyst strength suggests the recent share price weakness may offer an attractive entry point for long-term holders, including those in the New Zealand market seeking global growth exposure.

Uber is expanding its reach and relevance through strategic partnerships and global diversification, including positive impacts for New Zealand. Uber’s recent strategic partnership with Waymo, Alphabet’s autonomous vehicle arm, has further solidified its position in next-generation mobility technology, directly contributing to global sentiment around innovation and sustainability. While Uber itself does not operate autonomous fleets in New Zealand yet, its consistent investment in such initiatives is anticipated to eventually benefit regional markets by fostering safer, more efficient transportation ecosystems and potentially opening up local business and employment opportunities tied to technology transfer and future adoption.

The company’s core businesses, particularly Mobility and Delivery, continue to show post-pandemic resilience and regional relevance. In New Zealand, Uber remains a dominant player in the ride-sharing and delivery space, having made significant contributions to local economies, urban mobility, and digital employment. The solid ongoing post-pandemic performance of Uber’s Delivery segment — seen globally and mirrored locally through substantial demand for Uber Eats — reinforces its importance in the NZ consumer landscape. This ongoing adaptation to market needs positions Uber to further benefit from economic recovery and shifting consumer behaviors in the region.

Uber’s strong capital structure, liquidity, and institutional backing provide confidence for NZ-based investors seeking international blue-chip exposure. Uber’s market capitalization now exceeds $184 billion, supported by a large public float and the presence of major institutional investors. Though not a dividend payer and subject to standard capital gains tax for NZ investors, the stock is eligible for inclusion in various global equity portfolios, enabling local funds and individuals to participate in its upside. With a focus on technological innovation, geographic diversification, and solid earnings momentum, Uber is regarded by analysts as a leading growth stock, with future upside potential particularly relevant for NZ investors pursuing exposure to global digital transformation and mobility trends.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.