Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Uber (UBER), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The joint service is set to kick off in Arlington, Texas, later this year.
Uber (UBER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Uber Technologies (UBER) settling at $79.42, representing a +1.39% change from its previous close.
Amid tariff concerns, let's see which ride-hailing company, Uber or Lyft, is a better pick now.
Uber's strong network effects and exclusive Waymo partnership position it as a key player in the autonomous vehicle market, enhancing its long-term growth prospects. Uber's core business segments, Mobility and Delivery, are performing well, showing significant year-over-year growth and strong operating leverage. At a 23x forward P/E, Uber is undervalued relative to its growth prospects, with a price target of $130, indicating a 70% upside.
Another major American company is cutting back on hybrid work.
Strategic partnerships, relative price strength, share buybacks, food delivery growth, and improving profitability and cash flow are all reasons to own Uber into earnings on May 7th.
Uber on Monday informed employees, including some who had been previously approved for remote work, that it will require them to come to the office three days a week, CNBC has found. "I want to emphasize that 'good' is not going to be good enough — we need to be great," Uber CEO Dara Khosrowshahi wrote in a Monday memo to employees viewed by CNBC.
Uber CEO Dara Khosrowshahi predicted that robot drivers will replace human drivers at scale in 15 to 20 years in an autonomous future, as long as several factors fall into place in the meantime.
The stock market is trading mixed after three straight days of gains, with the SPY on track for weekly gains.