Jim Cramer Thinks “Uber (UBER) Is At The Right Level”

We recently published a list of Jim Cramer Recently Discussed These 15 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 discussed recently.

A viewer called in with a bullish thesis on Uber Technologies, Inc. (NYSE:UBER), suggesting that rising vehicle prices due to tariffs could drive more demand for rideshare services. Here’s what Cramer replied with:

“All right, here’s my deal. Lewis, I’ve got to tell you, David Faber talked about this today. You know, David Faber killed it when he was interviewing Elon Musk and there was this thing underneath his picture that said Tesla’s not going to buy Uber. I say you buy Uber. I think Uber is at the right level. It’s down huge since that interview. Buy buy buy.”

Uber Technologies, Inc. (NYSE:UBER) operates a global platform for ride-sharing, food delivery (Uber Eats), and freight logistics, with growing exposure to autonomous vehicle partnerships. 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.”

Jim Cramer Thinks "Uber (UBER) Is At The Right Level"

A close up view of a hand holding a smartphone, using a ride sharing app.

Overall, UBER ranks 15th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of UBER as an investment, our conviction lies in the belief that some 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.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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