Jim Cramer Praises Uber Technologies' Q2 Earnings, Sees $200 Price Target

Uber Technologies, Inc. (UBER) has gained 42% YTD, driven by growth in ridesharing services and a partnership with Waymo. Q2 gross bookings of $46.8 billion beat analyst estimates, and monthly active platform users exceeded expectations. Jim Cramer calls Uber a "steady good story" and predicts its stock price will reach $200.

Uber Technologies, Inc. (UBER) reported strong Q2 2025 earnings, with a profit of $0.63 per share, surpassing the Zacks Consensus Estimate of $0.62 per share [1]. This quarterly report represents an earnings surprise of +1.61%. Revenue for the quarter ended June 2025 reached $12.65 billion, beating the Zacks Consensus Estimate by 1.57% [1]. The company's gross bookings of $46.8 billion exceeded analyst estimates, driven by robust growth in ridesharing services and a strategic partnership with Waymo [2].

Jim Cramer, host of CNBC's "Mad Money," praised Uber's performance, describing it as a "steady good story" and predicting its stock price could reach $200 [3]. The company's monthly active platform users also exceeded expectations, further underscoring its growth trajectory.

Uber's stock has added about 48.2% since the beginning of the year versus the S&P 500's gain of 7.1% [1]. The company's earnings outlook remains positive, with the current consensus EPS estimate of $0.68 for the coming quarter and $2.90 for the current fiscal year [1]. The Zacks Rank for Uber is #3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [1].

The company's partnership with Waymo is a key driver of its growth, with Waymo AVs completing more daily rides than 99% of human drivers [4]. Additionally, Uber's loyalty program, Uber One, has hit 36 million users, further fueling its growth prospects [5].

Uber's Q2 2025 earnings report highlights its strong performance and growth potential, making it an attractive investment for investors and financial professionals. The company's ability to beat analyst estimates and exceed expectations bodes well for its future performance.

References:
[1] https://www.nasdaq.com/articles/uber-technologies-uber-surpasses-q2-earnings-and-revenue-estimates
[2] https://stockanalysis.com/stocks/uber/
[3] https://www.cnbc.com/2025/07/02/jim-cramer-calls-uber-a-steady-good-story-and-predicts-its-stock-price-will-reach-200.html
[4] https://www.businessinsider.com/uber-waymo-autonomous-vehicle-trips-2025-07-02
[5] https://www.uber.com/newsroom/2025/07/02/uber-one-loyalty-program-hits-36-million-users/