Jim Cramer Says Uber Technologies (UBER) "Stock Can Go Much Higher Over Multiple Years"

We recently published a list of Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against other stocks that Jim Cramer discusses.

A caller asked Cramer’s thoughts on Uber Technologies, Inc. (NYSE:UBER). In response, he said:

“I’m thinking that even though Uber’s up 45% for the year, you ain’t seen nothing yet. I think the stock can go much higher over multiple years.”

Uber Technologies (NYSE:UBER) develops technology used in transportation, delivery, and freight. The company connects users to ride services, supports merchants with order delivery, and runs a logistics network for shippers and carriers. Optimist Fund stated the following regarding the company in its Q1 2025 investor letter:

“Uber Technologies, Inc. (NYSE:UBER) – Uber posted its strongest quarter yet, with gross bookings rising 18% year-over-year to $44.2 billion and revenue growing 20% to $12.0 billion. Adjusted EBITDA jumped 44% to $1.8 billion, fueled by record demand across both Mobility and Delivery, while free cash flow reached $1.7 billion. Exceeding its three-year financial targets, the company heads into 2025 with accelerating momentum and emerging upside from autonomous vehicles. Uber’s growing free cash flow profile is attracting broader investor attention—including a recent investment from renowned value investor Bill Ackman. Our investment thesis remains intact.”

Overall, UBER ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of UBER as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.