Uber's Trading Volume Drops 34.89% to $14.55 Billion Ranking 36th in Stock Market

On May 22, 2025, Uber's trading volume reached $14.55 billion, a 34.89% decrease from the previous day, ranking 36th in the day's stock market. Uber's stock price fell by 0.76%, marking the third consecutive day of decline, with a total decrease of 4.82% over the past three days.

Uber Technologies' stock target was raised by Loop Capital, reflecting an improving sentiment towards the company's autonomous vehicle (AV) initiatives. This positive outlook is driven by Uber's strategic partnerships and its expected facilitation of 12 billion rides in 2025, a figure that underscores the company's significant market presence and growth potential.

Veteran investor Andrew Arons expressed optimism about Uber, noting that the company is widely underestimated. Arons highlighted that Uber has a strong strategic position, particularly among younger demographics, where 25% fewer 18-to-35-year-olds drive compared to two decades ago. This shift in consumer behavior bodes well for Uber's ride-sharing services, positioning the company for continued growth and market dominance.