Uber Technologies posted strong Q3 growth, but operating income lagged EBITDA, raising concerns about margin expansion and market enthusiasm. UBER's Delivery vertical showed improved efficiency, with a higher Take Rate, while Mobility benefited from lower sales and marketing costs. Assigning a hold rating, I see fair value at $99 per share (20x EV/EBITDA), but recommend waiting for a better entry point around $70-$80.
Uber (UBER) stands out as a dominant, asset-light platform, with powerful network effects and diversified revenue streams across mobility, delivery, and advertising. UBER's scale, cross-platform synergies, and strategic AV partnerships position it for sustained earnings growth and margin expansion, despite regulatory and competitive risks. Valuation analysis suggests UBER is undervalued, with a fair value estimate of $115/share and double-digit annual return potential over the next five years.
Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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.