Jim Cramer, the host of CNBC’s Mad Money, shared his take on Uber Technologies (UBER) after its latest quarterly results, calling the stock a “buy on weakness.” Cramer said the ride-hailing giant’s strong growth and clear strategy make him confident about the company’s long-term prospects, even after a sharp post-earnings pullback.
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Uber shares fell more than 5% on Tuesday, even though the company easily surpassed Wall Street’s revenue and earnings estimates. The stock remains up nearly 57% in 2025, supported by steady gains across its Rides and Delivery businesses.
Cramer said Uber is following a “clear and effective strategy” and executing it well. He added that the company is “making tons of money” and showing strong financial discipline.
Cramer Sees Growth Across Key Segments
Cramer praised Uber’s strong performance across both its Rides and Delivery businesses, saying growth in these areas continues to power the company’s results. He also pointed to the success of the Uber One membership program, which he said helps build customer loyalty and steady recurring revenue.
Some investors were disappointed by the softer margins, but Cramer said that isn’t a real concern. He linked the margin pressure to rising competition from DoorDash (DASH) and Lyft (LYFT), but noted that Uber’s size and efficiency keep it well ahead of its rivals.
Cramer said that while margins can go up or down, the key takeaway is Uber’s steady growth. He called the company “a reliable profit engine” that continues to strengthen its core business.
Buying Opportunity After the Pullback
Cramer believes the recent sell-off created an opportunity for long-term investors. “There’s nothing to worry about from this quarter,” he said. “I’d be a buyer into weakness after today’s pullback and tomorrow’s uncertainty.”
He noted that the broader market’s decline likely weighed on the stock, calling it “a tough tape day” rather than a reaction to Uber’s fundamentals.
With steady revenue growth, a loyal customer base, and expanding membership business, Cramer said Uber remains well positioned to build on its strong year. “This is the kind of dip you buy,” he added.
Is UBER a Good Stock to Buy Now?
On TipRanks, UBER stock has a Strong Buy consensus based on 27 Buy and 4 Hold ratings. Meanwhile, Uber’s average stock price target of $110.61 implies a 16.92% upside from current levels.
