Uber shares drop as Europe turns up the heat

Business Dec 10, 2025

Uber's stock slipped 3.8% to $89.07 after fresh regulatory headaches in Europe and some analyst downgrades shook investor confidence.

Why does this matter?

If you use or drive for Uber, these changes could hit close to home.
European governments are pushing to classify drivers as employees, which would raise costs for Uber and possibly change how the app works for everyone.
Plus, a €290 million fine in the Netherlands over data transfers adds more pressure.

What's behind the drop?

Analysts aren't thrilled: Erste Group downgraded Uber, pointing to slower growth ahead, while Morgan Stanley trimmed its price target.
Protests from taxi drivers and growing legal battles mean Uber's European expansion is looking tougher—even though business in the US is still steady.