Uber Technologies and Starship Technologies plan to begin rolling out autonomous sidewalk robot delivery for Uber Eats by the end of the year.
Uber delivered a strong Q3, beating top- and bottom-line estimates, with robust Mobility and Delivery segment growth and record cash flow. UBER's autonomous vehicle (AV) partnerships, especially with Waymo and NVDA, are strategic catalysts, positioning UBER for long-term AV leadership despite near-term unprofitability. Monte Carlo simulations project a $127 price target for UBER, implying nearly 40% upside, though short-term resistance remains around $100.
The new Uber Ski service streamlines winter travel with advance booking, gear-ready vehicles and integrated Epic Pass access across major mountain destinations.
Lyft's strong gross bookings, the new Curb partnership and a more appealing valuation place it ahead of the rival in the post-third-quarter showdown.
Explore Uber's (UBER) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
New Zealand's highest court sided on Monday with a lower court's ruling that drivers of Uber who brought a case against the rideshare company should be treated as employees, a decision that could pave the way for collective bargaining.
Uber has quietly begun piloting in-app video recording for its drivers in India, TechCrunch has learned and confirmed with the company. The tool is meant to deter misconduct in a market where most drivers do not use dashcams, according to Uber.
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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.
Uber Technologies (NYSE:UBER) stock has experienced a tumultuous journey, hovering around $100 and reaching all-time highs—a figure that would have seemed absurd a few years back when the firm was still burning cash and struggling to demonstrate its potential for profitability. However, the current situation is markedly different.
Uber Technologies, Inc. delivered strong Q3 results with double-digit growth across sales, trips, and EBITDA, but shares fell 7% post-earnings. UBER's fundamentals remain robust, with cross-platform usage, new partnerships (Toast, Nvidia), and a shift toward value driving future growth. Concerns over softer Q4 guidance look overblown; consensus estimates for long-term EPS have actually been revised upward post-earnings.
The profits are a critical component of the investment thesis as they enable aggressive share buybacks alongside business reinvestment and equity gains.