UBER Stock Price Decreases 9% in 3 Months: Should You Buy the Dip?
Shares of Uber Technologies UBER have declined 8.8% over the last three months, underperforming the Zacks Internet-Services industry and the S&P 500 Index, of which Uber is a key member. In comparison, shares of rival Lyft LYFT have dropped even more steeply in the same timeframe.
3-Month Stock Price Comparison
Image Source: Zacks Investment Research
San Francisco-based Uber’s shares have dropped primarily on concerns regarding competition in the robotaxi and autonomous driving space. Last month, Alphabet’s GOOGL Waymo revealed that it had crossed 450,000 weekly paid rides, almost double the 250,000 it reported in April 2025. The increasing use of…
