UBER Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
UBER is not a good buy right now for an impatient buyer. The stock is in a clear short-term downtrend (bearish moving averages and weakening MACD) and is sitting right on first support (~80). While fundamentals and most Wall Street ratings remain constructive, near-term price action is weak and the Feb-04 pre-market earnings event adds timing risk. My call: HOLD/avoid new buys until price reclaims ~82.4–84.8 with improving momentum, or after earnings clarity.
Trend is bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), indicating price is below key trend levels and rallies are likely to be sold. MACD histogram (-0.316) is below zero and expanding negatively, reinforcing downside momentum. RSI(6) ~33.3 is near oversold territory (not deeply oversold), suggesting a bounce is possible but not confirmed. Key levels: Pivot 82.43 is the first hurdle; resistance at 84.79 then 86.25. Support is tight at S1 ~80.06 (current ~80.0) and then S2 ~78.6—if 80 breaks, downside could accelerate toward ~78.6. Pattern-based stats provided also skew weak beyond the very near term (next month expectation negative).
Upcoming earnings catalyst (QDEC 2025 report on 2026-02-04 pre-market) with at least one major preview (BofA) noting potential upside to bookings/revenue and a possible modest beat.
Strong operating backdrop cited by KeyBanc survey work: improving adoption across mobility and delivery; Uber maintaining robust rideshare preference.
Latest reported quarter growth (2025/Q
was strong (revenue +20% YoY; EPS and net income sharply higher), supporting the longer-term bull case.
Broader market/news tone around tech earnings improving investor confidence may help sentiment if risk-on continues.
Clear technical downtrend (bearish MA stack + deteriorating MACD) increases probability of further downside if support ~80 fails.
Analyst price targets have been cut across multiple firms in January, implying more conservative near-term expectations and multiple compression risk.
Competitive pressure in delivery: GrubHub removing fees on larger orders could intensify promotional activity and pressure take rates/margins for Uber Eats.
Ongoing narrative risk around autonomous vehicles (AV concerns have recently weighed on the stock per analyst commentary).
Earnings event timing risk (high uncertainty window) with limited technical support nearby (80 then 78.6).
Latest provided quarter: 2025/Q3. Revenue grew to $13.467B (+20.37% YoY), indicating solid top-line momentum across the platform. Profitability improved materially: Net income $6.626B (+153.68% YoY) and EPS 3.11 (+159.17% YoY). Gross margin improved to 32.93% (+3.46% YoY), consistent with better unit economics/scale benefits. Overall, the growth trend in the latest quarter is strong, but the current trading decision is being dominated by near-term technical weakness and the imminent earnings catalyst.
Recent analyst trend: targets have been lowered broadly in January (BofA 119->110; Stifel 122->105; KeyBanc 110->105; Cantor 108->99; Wolfe 125->110), while many still maintain Buy/Overweight/Outperform ratings—signaling long-term confidence but reduced near-term upside assumptions. Notable dissent: Melius downgraded to Sell with a $73 target. Wall Street pros: resilient mobility demand, improving adoption, and skepticism that AVs hurt growth through 2027 (Jefferies). Cons: slower operating income growth expectations into 2026, competitive delivery dynamics, and AV headline risk. Flows/behavioral checks: Hedge funds and insiders are reported neutral (no significant recent trends). No recent congress trading data is available, and no politician/influential-figure trading activity is provided in the dataset.
