The post Shares Fall 7% After Report, Eye $60 appeared on BitcoinEthereumNews.com. Uber posted strong 2025 results, but the stock fell about 7% in the session asThe post Shares Fall 7% After Report, Eye $60 appeared on BitcoinEthereumNews.com. Uber posted strong 2025 results, but the stock fell about 7% in the session as

Shares Fall 7% After Report, Eye $60

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Uber posted strong 2025 results, but the stock fell about 7% in the session as traders digested softer profit guidance and a key chart break. The move pushed focus to the $81.90 pivot, even as broader “Google stock forecast” chatter stayed active across markets.

Uber Reports Strong Usage Growth, Profit Results

Uber released its fourth-quarter and full-year 2025 financial results. The company said total trips rose sharply year over year. Gross bookings grew by more than 20%, and active users exceeded 200 million worldwide.

Uber also reported record operating income of about $1.8 billion for the quarter. The company said adjusted EBITDA reached $2.5 billion. Executives noted that both ride-hailing and delivery segments contributed to the gains.

In a statement, Uber stressed the improvements came even as it invested in service quality and expanded offerings. The company said growth reflects stronger demand across its platform.

Uber Issues Forecast, Leaders Announce Changes

Uber projected lower profit for the first quarter of 2026, citing a higher adjusted tax rate and shifts in product pricing. The company explained that expanded lower-cost ride options can pressure margins, even as trips and bookings grow.

The firm also disclosed a change in senior leadership. Chief Financial Officer Prashanth Mahendra Rajah will step down. Uber named Balaji Krishnamurthy as the incoming CFO, effective immediately.

In addition, Uber said it will adopt an accounting update in the United Kingdom that alters how revenue is reported. The change will reduce reported revenue margin, but Uber emphasized it will not affect underlying operating performance.

Uber loses long term support as $81.90 flips to pivot

Uber shares fell sharply in the latest session, ending down about 7% after trading between roughly 81.89 and 73.80, according to a weekly TradingView chart shared by Lextrading.

Market commentator Ethan M. Carter said on X that Uber is “still tracking” but “lost the long term support” and now treats 81.90 as a support resistance pivot. The chart shows price slipping under a rising green trendline that had guided the longer uptrend, with the latest drop pushing the stock below a key breakout zone from 2025.

Uber Technologies 1W Chart Support Resistance Levels: Source: Lextrading /  Ethan M. Carter via X

On the chart, 81.90 sits as the upper horizontal level that previously capped and supported price during the prior range. After the break, the same level aligns with the nearest overhead pivot, which frames it as the first area to watch for any rebound attempts or failed retests.

Below that, the next marked horizontal level sits near 60.03. The plotted path on the right side of the graphic sketches continued weakness after the breakdown, with the lower band serving as the next major reference if selling pressure extends.

Source: https://coinpaper.com/14302/uber-stock-forecast-shares-fall-7-after-report-eye-60

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