How has Uber's stock performed recently?

Uber's stock has soared 35% over the past 12 months, significantly outperforming the broader market.

What are Uber's key user metrics?

Uber reported 189 million monthly active users in its latest quarter, showing substantial growth.

Is Uber a profitable company?

Yes, Uber has become a sustainably profitable company, reporting strong operating income and free cash flow.

Home / Business and Economy / Uber Stock Soars 35% Year-to-Date

Uber Stock Soars 35% Year-to-Date

14 Dec

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Summary

Uber shares gained 35% over the last 12 months, outperforming the S&P 500.
The company boasts 189 million monthly active users, a significant increase.
Uber is now a sustainably profitable company with strong operating income.

Uber Technologies has demonstrated impressive performance, with its stock achieving a 35% gain over the last 12 months, significantly outpacing the S&P 500. This growth is underpinned by strong fundamental metrics, including 189 million monthly active users, a substantial increase over five years.

The company has successfully transformed into a sustainably profitable business. In the third quarter, Uber reported $1.1 billion in operating income and $2.2 billion in free cash flow, showcasing its improved financial health. This profitability is crucial for its long-term outlook.

Uber's dominant market position is further strengthened by a powerful network effect across its mobility and delivery segments. This advantage positions Uber as a key partner for autonomous vehicle companies seeking direct consumer access and technical expertise.