Buy Uber shares
Since Uber went public in May 2019, Australians can now buy Uber shares.
On 9 May 2019, Uber held its IPO (initial public offering) on the New York stock exchange. It placed its shares at $45 a share and raised more than $8 billion (around £6.2 billion).
Check how things have been going for the company ever since and compare Australian share trading accounts below that allow you to trade Uber shares.
Uber share price at a glance
- Code: UBER
- Exchange: NYSE
- Open: $40.02
- Previous close: $40.09
- Trade high: $40.31
- Trade low: $38.7
How to buy shares in Uber
- Choose a share trading platform. These are online brokers. Don't worry if you're a beginner, our table below will help you pick the right one for you.
- Open your account. You'll need a passport or driver's licence to verify your identity and your bank details. Usually you're asked to enter you name, email, date of birth, residential address and tax file number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Find the shares you want to buy. Search the platform you've chosen for the shares you want to buy, for example search UBER for Uber shares, and place your buy order. It's that simple.
Share trading platform comparison
Uber share price
Use our graph to track the performance of UBER stock over time.
Uber's financial performance
Explore the table below to see how Uber has performed financially over the last 3 years.
|Uber Financial Reporting Figures||Revenue||Net Income||Total assets|
|2016||USD$3,845 million||USD$(370) million||USD$15,713 million|
|2017||USD$7,932 million||USD$(4,033) million||USD$15,426 million|
|2018||USD$11,270 million||USD$987 million||USD$23,988 million|
What affects Uber's share price?
When buying or selling shares in a company it's important to keep an eye on current affairs related to the company. We will talk you through some of the key things to keep an eye on when trading Uber shares.
- Financial reporting. It's a good idea to know when Uber will be releasing its financial reports, as this will let you know how the company is performing and will have a big impact on the share price.
- Company news. It's important to keep up to date on the company news - for example, is Uber planning to launch its service in a new city or country? Is it having any legal troubles in one of its main markets? Is it hiring/firing staff? All of these events will have an impact on the share price of Uber.
- Wider news. You should also be aware of other external events and news that may have an impact on Uber's share price - for instance, news about the transportation industry or its competitors.
- Does the company pay dividends? If a company pays dividends, it means it pays some of its profits back to shareholders. Currently, Uber doesn't pay dividends on its shares.
- Shareholder meetings. These are often held annually and invite large shareholders to attend meetings and vote on matters relating to the company. It is a good idea to know when these are, as they may hold importance over the direction of the company.
Checklist before you invest in any company
- What does the company do? This might sound silly with a company like Uber, but can you explain what the company does in a few sentences? If you can't, maybe you should go back to the drawing board.
- Is it making profits? This is a seemingly simple question. If you're not sure whether a company is profitable, this could be a warning sign. If you want you can read Uber's annual earnings reports and take a look at the figures for yourself.
- Who are the main competitors? Every company operates alongside competitors. Before you invest you need to know if the company is the market leader, a newcomer, a fast-growing disrupter, and so on. If the company you're considering investing in is global facing, you need to keep an eye on foreign competition too.
- Who is running the company? You're not be a one-person hedge fund (yet), but you can still do your homework. Any decent company will list its senior managers. Even a cursory look at this can tell you something about the company's stability and management style.
- Is the company's position sustainable? If you're investing for the long-term, you need to consider this question. If you're looking for a short-term gain, perhaps this is less important.
- Is there room for future growth? Linked to the question above, what is the outlook for the medium to long-term. Has your company reached its maximum size?
For more information about buying international shares, check out our comprehensive guide here.
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