Uber Stock Drops 044% on June 17 2025 11426031 Shares Traded 69th Most Active

Generated by AI AgentVolume Alerts
Tuesday, Jun 17, 2025 7:25 pm ET1min read

On June 17, 2025,

, Inc. (UBER) experienced a significant decline in its stock price, dropping by 0.44% to close at $84.76. The trading volume for the day was substantial, with 11,426,031 shares changing hands, making it the 69th most actively traded stock on the market.

Analysts at Stifel recently initiated a "Buy" rating for

, setting a price target of $110, which suggests a potential upside of nearly 27%. This optimistic outlook is supported by the company's strong performance and growth prospects.

BMO Capital Markets also initiated coverage on Uber with an "Outperform" rating and a price target of $69. However,

downgraded their rating from "Buy" to "Neutral," adjusting their price target from $59 to $62. These mixed sentiments from analysts reflect the varying opinions on Uber's future performance.

Uber's stock has a 52-week range of $54.84 to $93.60, with a beta of 1.39, indicating higher volatility compared to the broader market. The consensus among analysts is a "Strong Buy," with an average price target of $96.00, representing a 13.33% upside from the current price. The company is scheduled to report its earnings on August 5, 2025, which will be a key event for investors to watch.

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