Could Uber Be Your Ticket to Becoming a Millionaire by 2035?
Uber Technologies (NYSE: UBER) recently reported mixed financial results for the fourth quarter of 2024. Revenue of just under $12 billion came in ahead of Wall Street expectations. But adjusted earnings per share of $0.23 were well below. Nonetheless, shares have been a major winner for investors -- up 125% just in the past 24 months. You're probably wondering if it's time to take a ride with Uber. Could this transportation-as-a-service stock be your ticket to becoming a millionaire by 2035?Uber's gross bookings jumped 18% in the fourth quarter to $44.2 billion. The performance was broad-based, with both the mobility and delivery segment putting up 18% gains. This helped propel a 20% increase in revenue.Continue reading
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Uber Technologies (NYSE: UBER) recently reported mixed financial results for the fourth quarter of 2024. Revenue of just under $12 billion came in ahead of Wall Street expectations. But adjusted earnings per share of $0.23 were well below. Nonetheless, shares have been a major winner for investors -- up 125% just in the past 24 months.
You're probably wondering if it's time to take a ride with Uber. Could this transportation-as-a-service stock be your ticket to becoming a millionaire by 2035?
Uber's gross bookings jumped 18% in the fourth quarter to $44.2 billion. The performance was broad-based, with both the mobility and delivery segment putting up 18% gains. This helped propel a 20% increase in revenue.