Uber Stock Drops 2.54% Despite $41.04 Billion Trading Volume Surge to 14th Most Actively Traded

On May 7, 2025, Uber's stock price experienced a decline of 2.54%, despite a significant increase in trading volume, which reached $41.04 billion, marking a 57.93% rise from the previous day. This surge in trading volume positioned Uber as the 14th most actively traded stock on the day.

Uber's first-quarter 2025 financial results showcased robust growth across multiple metrics. Gross Bookings increased by 14% year-over-year, or 18% on a constant currency basis, reaching $42.8 billion. The company's revenue grew by 14% year-over-year to $11.5 billion, or 17% on a constant currency basis. Income from operations surged to $1.2 billion, a significant improvement from the previous year. Adjusted EBITDA grew by 35% year-over-year to $1.9 billion, reflecting strong operational efficiency. The company also reported a net income of $1.8 billion, which included a $51 million net benefit from revaluations of Uber’s equity investments.

Uber's operational highlights for the quarter included a 18% year-over-year increase in trips to 3.0 billion, driven by a 14% year-over-year growth in Monthly Active Platform Consumers (MAPCs) and a 3% year-over-year increase in monthly trips per MAPC. The company's strong financial performance was supported by consistent growth in its core business, including Mobility and Delivery segments, which saw significant increases in Gross Bookings and revenue. Uber's strategic investments in autonomous vehicles and other future-oriented initiatives further bolstered its growth prospects.

Looking ahead, Uber anticipates continued growth in the second quarter of 2025, with projected Gross Bookings of $45.75 billion to $47.25 billion, representing a 16% to 20% year-over-year growth on a constant currency basis. The company expects Adjusted EBITDA to range from $2.02 billion to $2.12 billion, indicating a 29% to 35% year-over-year growth. These projections reflect Uber's confidence in its ability to maintain strong financial performance and operational efficiency in the coming quarters.