Uber Stock Returns to Record Levels, Despite Q1 Revenue Miss

Uber's Q1 2025 earnings above projections by a large margin, but sales was below expectations, which led to a drop in the company's price...

Uber share price returned to the highs despite the dip Q1 Results: Strong Profit, Slower Revenue Growth Uber Technologies released its first-quarter 2025 earnings before the U.S. market opened, posting results that painted a mixed picture. While the company’s profit significantly exceeded expectations, revenue came in just below analyst forecasts. Specifically, Uber reported net income of $1.78 billion, or 83 cents per share—well above the anticipated 50 cents and a sharp turnaround from the $654 million loss posted a year earlier. But, the revenue reached $11.53 billion, narrowly missing the expected $11.62 billion, though still up roughly 14% year-over-year from $10.13 billion. Share Price Reaction and Market Outlook Uber’s stock, which has been riding a strong bullish trend and recently traded near its all-time highs of around $87, saw an initial pullback in response to the earnings release. After closing at $86 the previous session, shares opened $3 lower at $83 and dropped as much as 7% intraday to touch lows near $80. However, by the end of the U.S. trading session, the stock had recovered significantly, settling in the $83.60 range. Despite the volatility, the modest closing loss reflects investors’ confidence in Uber’s long-term performance. The company’s consistent profitability and positive outlook appear to have outweighed the revenue miss, keeping bullish sentiment intact. If momentum persists, Uber may soon re-challenge its all-time highs in the coming weeks. Uber Q1 Results  Headline Results: EPS Crushes Forecast Earnings per share (EPS) came in at 83 cents, significantly above the expected 50 cents consensus forecast. This represents a dramatic turnaround from a loss of 32 cents per share in Q1 2024. Uber’s net income totaled $1.78 billion for the quarter, compared to a net loss of $654 million a year earlier. Revenue Misses Slightly Despite Double-Digit Growth Q1 revenue reached $11.53 billion, slightly below analyst estimates of $11.62 billion. Still, this reflects a 14% year-over-year growth, up from $10.13 billion in Q1 2024. The growth came primarily from its core ride-hailing business, which remains the company’s largest revenue driver. Guidance and Outlook: Management Stays Confident Uber projects gross bookings of $45.75 billion to $47.25 billion for Q2 2025. The company also expects adjusted EBITDA between $2.02 billion and $2.12 billion for the same period. CEO Dara Khosrowshahi and CFO Prashanth Mahendra-Rajah noted continued strength in both rideshare and delivery segments, along with efficiency improvements. Conclusion: Solid Profitability, Revenue Momentum to Watch Uber’s Q1 2025 report showcased a powerful earnings beat, driven by improved operational efficiency and strong demand. While revenue came in just under Wall Street expectations, the company’s robust profit turnaround and upbeat guidance for the current quarter boosted investor confidence. If growth in gross bookings continues alongside controlled costs, Uber appears well-positioned for further margin expansion in 2025. Despite a brief post-earnings dip, Uber’s share price remains within striking distance of its highs. The strong profit figures and investor confidence in the company’s long-term trajectory have helped sustain the uptrend. Unless momentum shifts significantly, Uber appears poised to continue testing its record levels in the sessions ahead.

Quick overview

  • Uber reported a significant earnings beat in Q1 2025 with a net income of $1.78 billion, far exceeding expectations.
  • Despite a revenue miss of $11.53 billion, which was slightly below analyst forecasts, the company experienced a 14% year-over-year growth.
  • Uber's stock initially dropped after the earnings release but recovered by the end of the trading session, reflecting investor confidence.
  • Management remains optimistic about future performance, projecting strong gross bookings and adjusted EBITDA for Q2 2025.

Uber’s Q1 2025 earnings above projections by a large margin, but sales was below expectations, which led to a drop in the company’s price before it rose again.

Q1 Results: Strong Profit, Slower Revenue Growth

Uber Technologies released its first-quarter 2025 earnings before the U.S. market opened, posting results that painted a mixed picture. While the company’s profit significantly exceeded expectations, revenue came in just below analyst forecasts. Specifically, Uber reported net income of $1.78 billion, or 83 cents per share—well above the anticipated 50 cents and a sharp turnaround from the $654 million loss posted a year earlier. But, the revenue reached $11.53 billion, narrowly missing the expected $11.62 billion, though still up roughly 14% year-over-year from $10.13 billion.

Share Price Reaction and Market Outlook

Uber’s stock, which has been riding a strong bullish trend and recently traded near its all-time highs of around $87, saw an initial pullback in response to the earnings release. After closing at $86 the previous session, shares opened $3 lower at $83 and dropped as much as 7% intraday to touch lows near $80. However, by the end of the U.S. trading session, the stock had recovered significantly, settling in the $83.60 range.

Despite the volatility, the modest closing loss reflects investors’ confidence in Uber’s long-term performance. The company’s consistent profitability and positive outlook appear to have outweighed the revenue miss, keeping bullish sentiment intact. If momentum persists, Uber may soon re-challenge its all-time highs in the coming weeks.

Uber Q1 Results

Headline Results: EPS Crushes Forecast

  • Earnings per share (EPS) came in at 83 cents, significantly above the expected 50 cents consensus forecast.
  • This represents a dramatic turnaround from a loss of 32 cents per share in Q1 2024.
  • Uber’s net income totaled $1.78 billion for the quarter, compared to a net loss of $654 million a year earlier.

Revenue Misses Slightly Despite Double-Digit Growth

  • Q1 revenue reached $11.53 billion, slightly below analyst estimates of $11.62 billion.
  • Still, this reflects a 14% year-over-year growth, up from $10.13 billion in Q1 2024.
  • The growth came primarily from its core ride-hailing business, which remains the company’s largest revenue driver.

Guidance and Outlook: Management Stays Confident

  • Uber projects gross bookings of $45.75 billion to $47.25 billion for Q2 2025.
  • The company also expects adjusted EBITDA between $2.02 billion and $2.12 billion for the same period.
  • CEO Dara Khosrowshahi and CFO Prashanth Mahendra-Rajah noted continued strength in both rideshare and delivery segments, along with efficiency improvements.

Conclusion: Solid Profitability, Revenue Momentum to Watch

Uber’s Q1 2025 report showcased a powerful earnings beat, driven by improved operational efficiency and strong demand. While revenue came in just under Wall Street expectations, the company’s robust profit turnaround and upbeat guidance for the current quarter boosted investor confidence. If growth in gross bookings continues alongside controlled costs, Uber appears well-positioned for further margin expansion in 2025.

Despite a brief post-earnings dip, Uber’s share price remains within striking distance of its highs. The strong profit figures and investor confidence in the company’s long-term trajectory have helped sustain the uptrend. Unless momentum shifts significantly, Uber appears poised to continue testing its record levels in the sessions ahead.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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