Uber Technologies, Inc. (UBER)
Uber: Better Positioned Than Rivals In A Promotional Environment (Upgrade)
Uber is well positioned to thrive despite a weakening macroeconomy, supported by expanding margins and strong market share potential. UBER's delivery and mobility segments are outpacing rivals in profitability, with notably higher adjusted EBITDA margins than DoorDash and Lyft. The company's robust margin profile enables aggressive promotions, allowing UBER to capture additional market share as consumer spending slows.
UBER Soars 55% YTD: How Should Investors Play the Stock Now?
Uber's 55% YTD surge is fueled by strong bookings, drone delivery moves and a $20B buyback plan, but valuation concerns linger.
Uber: Mobility Conglomerate Valued Cheaply
Uber Technologies (UBER) is now a profitable, diversified mobility and logistics platform, delivering strong financial results and growth across all business segments. Bullish factors include drone-based deliveries, AI and autonomous driving initiatives, and strategic leadership hires in the freight division. UBER trades at attractive valuation multiples with robust cash flow, solid balance sheet, and Wall Street price targets indicating further upside potential.
UBER Rides on Strong Rideshare Resilience, TSLA Robotaxi Poses Growth Wild Card
@LikeFolio's data in consumer sentiment for Uber Technologies (UBER) moved in-line with the stock's performance, says Megan Brantley. Uber's diverse rideshare and delivery options gave the stock room to run higher, though Megan makes the case that consumer loyalty will come into question as tech like Tesla's (TSLA) robotaxi accelerates.
Uber Technologies (UBER) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Uber Technologies (UBER) closed at $97.8, marking a -2.3% move from the previous day.
Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
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.
Newsom signs bill giving Uber and Lyft drivers in California the right to unionize
Drivers for ride-hailing apps like Uber and Lyft will soon have the right to unionize in California as independent contractors, thanks to a bill signed Friday by Governor Gavin Newsom.
Uber Acquires Segments.ai to Grow Data Labeling Business
Uber has acquired Segments.ai, a multi-sensor labeling platform for robotics and autonomous driving, the two companies said Thursday (Oct. 2) in separate posts on LinkedIn. In its post, Uber AI Solutions, Uber's AI data services business, said that the acquisition is part of its commitment to building its lidar and multi-sensor data annotation capabilities.
Uber is making new moves in the race to deliver fresh groceries fast
Uber is adding discounts on fresh groceries to its app. The discounts, called "Fresh Days," will apply to some produce, meat, dairy, and other fresh items.
The Ultimate Growth Stock to Buy With $1,000 Right Now
Is your portfolio in need of a new growth holding? There are certainly plenty of good ones to choose from right now, including ride-hailing powerhouse Uber Technologies (UBER 4.26%).
Uber Invests in Drone Delivery With Flytrex Partnership
Uber has launched a partnership with autonomous drone food delivery service Flytrex. The collaboration marks Uber's first investment in drone delivery, the company said in news release Thursday (Sept.
Uber Technologies (UBER) Falls More Steeply Than Broader Market: What Investors Need to Know
In the most recent trading session, Uber Technologies (UBER) closed at $92.95, indicating a -4.99% shift from the previous trading day.
