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You Won't Believe the Return You Would Have Made if You Bought Uber Stock 3 Years Ago

newsfeedback@fool.com (Neil Patel)
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⚡ Quantum Brief
Uber’s stock surged 125% over three years, turning a $10,000 investment in March 2023 into $22,490 by March 2026 despite recent volatility. Revenue hit $52 billion in 2025, up 63% from 2022, driven by a 68% rise in gross bookings and a user base expanding from 131 million to 202 million. The company shifted from operating losses to $5.6 billion in operating income, showcasing its scalable business model and improved profitability. After peaking in October 2025, shares dropped 31% by March 2026, aligning with broader tech market declines but presenting a potential buying opportunity. Trading at a forward P/E of 22.3, Uber’s valuation remains attractive amid strong growth, positioning it as a compelling option for investors.
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By Neil Patel – Mar 29, 2026 at 8:55AM ESTKey PointsThanks to strong revenue and profit growth, Uber shares have produced a fantastic return over the past 36 months.With the stock 30% off its peak, now might be a good time for prospective investors to make a move.Uber Technologies (UBER 1.90%) has been dealing with a difficult few months. Since the growth stock hit a peak in October 2025, it has tanked 31% (as of March 27). The drop mimics the overall tech stock market this year. But investors should zoom out and focus on the big picture. You won't believe the return you would have made if you bought Uber shares three years ago. Image source: Getty Images. Over the past 36 months, the mobility and delivery platform has seen its stock price climb 125%. If you invested $10,000 in Uber's shares in late March 2023, you'd have $22,490 today. This is despite the stock facing weakness in recent months. ExpandNYSE: UBERUber TechnologiesToday's Change(-1.90%) $-1.34Current Price$69.21Key Data PointsMarket Cap$142BDay's Range$68.49 - $70.3852wk Range$60.63 - $101.99Volume506KAvg Vol20MGross Margin32.89% Without a doubt, Uber's fantastic growth has been the key catalyst. Revenue of $52 billion in 2025 was 63% higher than the total from 2022. This was propelled by a 68% rise in gross bookings. What's more, Uber's base of monthly active users went from 131 million to 202 million today. This is a massive global ecosystem. Robust fundamental momentum has driven profit growth as well. Between 2022 and 2025, Uber's massive operating loss turned into operating income of $5.6 billion. The business model's scalability is on full display. Investors who have watched Uber's rise from the sidelines might be interested in scooping up shares, especially since they trade at a reasonable forward price-to-earnings ratio of 22.3.Read NextMar 29, 2026 •By Motley Fool StaffIs Stagflation Creeping Into the Picture?Mar 23, 2026 •By Travis HoiumThe Real Reason Uber & Lyft Stocks Are UpMar 23, 2026 •By Lawrence NgaUber Is Quietly Expanding Into a Multitrillion-Dollar MarketMar 22, 2026 •By Lawrence NgaWhy Uber's Hybrid Network Could Win the Robotaxi RaceMar 21, 2026 •By Lawrence NgaUber's Advertising Business May Be Bigger Than Investors ThinkMar 21, 2026 •By Daniel Miller1 Brilliant Driverless-Vehicle Stock to Buy Before It's Too LateAbout the AuthorNeil Patel is a contributing Motley Fool stock market analyst covering consumer staples, consumer discretionary, financials, information technology, and communication services. Prior to The Motley Fool, Neil worked in corporate finance roles at JPMorgan Chase and Capital One. He also has experience working on a start-up in the cryptocurrency space. He holds a bachelor’s degree in business administration with a specialization in finance from Ohio State University.TMFNeilPatelStocks MentionedUber TechnologiesNYSE: UBER$69.21(-1.90%)-$1.34*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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