You know that feeling when a stock finally does exactly what it was "supposed" to do years ago? That's the vibe with Uber right now. For the longest time, the Uber New York Stock Exchange (NYSE: UBER) ticker was basically a punchline for "growth at any cost." People looked at the massive losses and just shook their heads. Honestly, if you bought at the IPO back in 2019, you were underwater for what felt like forever.
But things have changed. Big time.
If you're looking at the Uber New York Stock Exchange data today, you aren't looking at a scrappy, cash-burning startup anymore. You're looking at a $200 billion titan that has somehow squeezed its way into the S&P 500 and actually started making more money than it spends. It’s kinda wild to think about where they started.
The Wild Pivot from Burning Cash to Printing It
Let’s be real: Uber used to be a dumpster fire for capital. In 2019, the company posted a net loss of $8.5 billion. It was almost impressive how fast they could lose money. Fast forward to 2024, and the script flipped. They cleared about $9.8 billion in net profit that year.
Now, a lot of that 2024 profit came from some one-time tax benefits and paper gains on their investments, so don't let the "9.8 billion" number fool you into thinking they're suddenly more profitable than Apple. But the underlying business? That’s where the real story is.
Revenue for 2024 hit $43.9 billion. That's an 18% jump from the year before.
What’s even crazier is how the revenue breaks down. Most people still think of Uber as "the taxi app," but its delivery arm—Uber Eats—is a monster. In 2024, mobility (the rides) brought in $25 billion, while delivery pulled in $13.7 billion. They’ve basically built two massive businesses in one.
Why the NYSE Cares About 2026
We're sitting in early 2026, and the expectations are higher than they've ever been. The stock hit an all-time high of $100.10 back in October 2025. Since then, it’s been a bit of a rollercoaster, hovering in the $80s.
So, what are the big money players watching on the Uber New York Stock Exchange dashboard right now?
- The Margin Expansion. It’s not enough to just grow anymore. Wall Street wants to see Uber keep widening the gap between what it makes and what it costs to run.
- The Ad Business. Did you know Uber has an ads business? It’s basically pure profit. They're showing you ads while you wait for your car and while you wait for your tacos.
- Robotaxis. This is the "boogeyman" and the "savior" all in one. If Waymo or Tesla’s Cybercab really takes off, does Uber become obsolete? Or does Uber become the platform that manages all those robotaxis?
Bill Ackman’s Pershing Square reportedly snatched up 30 million shares recently. When the big sharks start circling like that, it’s usually because they think the "discipline" Dara Khosrowshahi (the CEO) brought in is the real deal. They stopped fighting expensive legal battles in every single country and started focusing on where they can actually win.
👉 See also: 50 000 pounds in american dollars: What the exchange rate actually costs you
Breaking Down the 2025 Numbers
If you want the "nerd stats" for the Uber New York Stock Exchange performance over the last year, here’s the gist without the boring table:
In the third quarter of 2025, they hit 3.5 billion trips. That is a massive 22% increase year-over-year. Revenue for that single quarter was $13.5 billion. Their free cash flow—basically the "real" money left over—was $2.2 billion.
Compare that to the old days when they were losing $2 billion a quarter. It’s night and day.
The S&P 500 Effect
When Uber finally joined the S&P 500 in December 2023, it was a massive "I told you so" moment for the company. See, to get into that index, you have to be profitable under GAAP (Generally Accepted Accounting Principles). It’s like the adult table of the stock market.
Once you're in, every single index fund and ETF that tracks the S&P 500 has to buy your stock. That created a huge floor for the price. It moved the Uber New York Stock Exchange ticker from being a "maybe" to a "must-have" for institutional portfolios.
✨ Don't miss: Euro to Pakistani Rupees: Why Your Exchange Rate Never Matches Google
Is it still a "Buy"?
Analysts are still pretty bullish. Jefferies put a price target of $120 on it for 2026. They think there's another 40% gain coming from things like grocery delivery and those autonomous vehicle partnerships.
But it’s not all sunshine. The "Bears" (the people who think it'll drop) are worried about a few things:
- Driver Costs: Regulations are always a threat. If drivers get reclassified as employees in more places, those fat margins disappear.
- Freight: Their trucking business, Uber Freight, is still kinda struggling. It's the one part of the company that hasn't quite figured out the "profit" thing yet.
Actionable Next Steps for Investors
If you're watching the Uber New York Stock Exchange ticker and wondering what to do next, you've gotta look past the hype.
- Watch the Adjusted EBITDA Margin: If this number stays around 5% or moves higher, the company is healthy. If it starts to dip, the "growth" might be getting too expensive again.
- Check the Uber One Numbers: This is their subscription service. Members spend way more than non-members. If membership growth stalls, that’s a red flag.
- Monitor the Autonomous Partnerships: Uber is currently partnering with companies like Waymo and Aurora. If they start building their own fleets instead of using Uber's app, the stock is in trouble.
Basically, Uber is no longer a gamble on whether ride-sharing works. We know it works. Now, it's a bet on whether they can become the "Amazon of transportation"—the one app you use for everything that moves.
Keep an eye on the $80 support level. If it stays above that, the momentum from 2025 is likely still intact.